摘要
股票期权制度在西方是一种相当成熟的管理层激励制度 ,在中国处于向市场经济转轨的特定经济条件下 ,股票期权是否也能起到如西方一样的激励效果 ,无疑是值得探索的一个重要问题。中国上市公司引入股票期权制度的最大顾虑不是资本市场的弱有效 。
Stock option plan is a solution to agency problems which can enhance management incentive.It has been generally operated by the listed companies in west countries. We inquire into the application prospect of stock option and point out that not the efficiency of capital market but the ownership structure of the listed company may weaken the incentive effects of stock option in China.
出处
《湘潭大学社会科学学报》
2001年第2期19-20,26,共3页
Social Science Journal of Xiangtan University
