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廣西省翻譯公司關(guān)鍵字：reflected in different levels of administrative intervention. However, the Government and the asymmetry of information between groups, as well as the lack of official supervisory power, so they group the basic characteristics of the governance structure, this pattern of distribution of control performance of administrative intervention in internal control. Here, more referential internal stakeholders within the group, rather than just referring to the leader.The emergence of internal control issues arising from the absence of the owner of the principal - agent problem. Hotel industry within the group of stakeholders to obtain a dominant company in the great powers, the corresponding in the absence of a strong binding mechanism in the case, especially not in their interests and needs are met through normal channels, some will not firm insiders are likely to be through a variety of improper means, to seek their own adverse selection to maximize the benefits, harm the interests of the owner. As a principal in the whole society to establish a set of the agent's incentive and restraint mechanisms ─ to enable agents to pursue their own interests in the process of maximizing the long-term interests of the client must be maintained. Change "selfish" for the principal and agent interests and goals of convergence. In fact, the government authorities as the ultimate controller of the state-owned hotel assets in the authorization, while retaining the exercise of the right of appointment and removal of the principal leaders of the Group and the major issues of decision-making power. By licensing, while reducing administrative costs and increase internal motivation, but on the other, but also to those who fear authority is authorized to adjust or recover may be distorted to maximize the value of the pursuit of Group behavior, or even damage, as is the beginning of the occupation before the client's interests, which means an increase of agency costs of insider incentives. Meanwhile, as the group operator can only enjoy control benefits, there is no legal residual claim, and this
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