以下为句子列表:
英文: We put forward that incentive effects of debt is functioned under certain conditions, and debt has substitution effect on incentive contracts, also debt has coordination effects and we show the approach to use debt in coordinating the interests of investo
中文: 本文指出债务契约发挥激励效应的条件,并指出债务契约具有对激励契约的替代效应,同时指出债务契约具有协调效应以及通过再谈判协调投资者与企业家利益的债务调整方式。
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