The managers' reputation capital works as the incredible punishment space, which makes it possible to effectively implement the accounting contract.
经营者信誉资本的存在给经营者带来了可置信的惩罚空间，因而使得会计契约能够有效地履行。
The managers' reputation capital works as the incredible punishment space, which makes it possible to effectively implement the accounting contract.
经营者信誉资本的存在给经营者带来了可置信的惩罚空间，因而使得会计契约能够有效地履行。
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