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高级经理激励机制:财务视角 被引量:2

Incentive Mechanism of Executives: Financial Inspect
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摘要 所有者只所以要聘用高级经理,是因为其自身能力缺陷,无法实现其最大期望。以增长与利润为基础对高级经理进行激励可能会破坏所有者价值,企业可以采取出让所有权或者以EVA为基础的激励方式,使高级经理的决策行为与所有者最大期望相一致。 The reason to employ executives is that owners cannot acquire the biggest results of expectations by themselves. It will destroy the owners' value to incent executives by profits or increase. Executives will make decisions according to owners' expectations, if they are incented by EVA or giving ownership.
作者 于由 张轶
出处 《华东经济管理》 2004年第6期157-158,共2页 East China Economic Management
关键词 高级经理 激励机制 经济增长价值 executives incentive mechanism value of economic increase
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参考文献6

  • 1加布里埃尔·哈瓦维尼.高级经理财务管理.创造价值的过程[M].北京:机械工业出版社,2003.
  • 2丛海涛,唐元虎.智力资本分配激励与智力资本化[J].财经研究,2004,30(2):41-49. 被引量:20
  • 3Guangsug Hahn, Nicholas C.Yannelis: Efficiency and incentive compatibility in differential information economies[J], Springer-Verlag Heidelberg, Volume10, Number3,1997,(9):383-411.
  • 4指拥有企业所有权的投资者,即股东.
  • 5本文所讲高级经理指企业的高层管理人员.
  • 6利息是固定的.

二级参考文献9

  • 1周其仁.市场里的企业:一个人力资本与非人力资本的特别合约[J].经济研究,1996,31(6):71-79. 被引量:2171
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  • 9芮明杰,郭玉林.智力资本激励的制度安排[J].中国工业经济,2002(9):64-69. 被引量:58

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