The existence of implicit contracts forces enterprises to take into account not only the interests of stockholders,creditors and administrators in the process of making their financing decisions,but also the interests of other relevant beneficiaries,such as clients.

Specific investments play the important role as the accesses through which corporate can signal the motivation and capability of implicit contracts enforcement.

Law Environment,Government Regulation and Implicit Contract:Empirical Evidence from the Scandals of Chinese Listed Companies;

A Study on the Relationship between Product Characteristic and Capital Structure in the View of Implicit Contract;

From the perspective of new institutional economics,if a firm decides to take long-term contact instead of integration operation,both explicit and implicit contract can be available.

The fundamental reason for the frequent policy-induced fluctuations in China s stock market is implicit contract of indemnity by the government.

Aiming at the free-riding problem in team incentive,this paper designs a dynamic incentive mechanism based on implicit side contract with dynamic game theory by introducing the reasonable assumption that there is horizontal monitor in team production.

In this article,in order to find the reason,we consider the household registration system as a long-term implicit contract.