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股权激励效应研究新进展 被引量:3

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摘要 本文旨在从大量的关于高管股票期权的文献中梳理出理论发展的内在逻辑,阐述公司高管股票期权制度的本质及其正反两方面效应,剖析经济学关于高管股票期权的量化研究工具和分析范式,并在早期相关研究基础上介绍国外最新的理论和实证研究进展。
出处 《经济学动态》 CSSCI 北大核心 2008年第11期112-115,共4页 Economic Perspectives
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  • 2Bebchuk, L.A. & J. M. Fried (2003), "Executive compensation as an agency problem", The Journal of Economic Perspectives 17(3).
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  • 5Core, J. & W. Guay( 1999), "The use of equity grants to manage optimal equity incentive levels", Journal of Accounting and Economics 28 : 151 - 184.
  • 6Dittmann, I. & E. Maug (2007), "Lower salaries and no options? On the optimal structure of executive pay", Journal of Finance 62:303 - 343.
  • 7Gabaix, X. & A. Landier (2007), "Why has CEO pay increased so much?" Working paper.
  • 8Gibbons, R. & K. J. Murphy(1992), "Optimal incentive contracts in the presence of career concerns", Journal of Political Economy 100:468 - 505.
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  • 10Hall, B.J. & J. B. Liebman(1997), "Are CEOs really paid like bureaucrats?" NBER Working Papers 6213.

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