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Lin Guangbin Chinese Institute for Actuarial Sciences, Central University of Finance & Economics, Beijing   Abstract: Historical analysis of the market economy indicates that soft budget constraint is becoming increasingly pervasive and broad-rooted. Using an analysis of micro-level entities in the market economy, ...

Gao Chuang 1 and Guo Bin 2 1 College of Business Administration, Capital University of Economics and Business, Beijing, China 2 School of International Business, Beijing International Studies University, Beijing, China   Abstract: Based on the epistemology and methodology of organizational ...