摘要
持股权合约是协调管理层与股东利益的关键治理机制。中国上市公司高级管理人员的持股比例偏低 ,起不到应有的激励效果 ,上市公司在制定管理层持股权合约的数量时并没有考虑到依据经济学原理对最优合约数量做出规定。应依据现代科学 (经济学、行为学与管理学等 )的原理 ,结合各企业自身实际情况制定最优的持股权合约。
contracts of managerial ownership is a pivotal governance mechanism that harmonizes the advantage of management and shareholders. Managerial ownership is very low in PLC of China. It doesn't have efficiency that it should have.PLC does not formulate the most excellent contract amount according to the economics principle. PLC Should formulate amount of managerial ownership according to the principle of modern science (economics, behaviors and management etc), combining circumstance of each enterpriseself.
出处
《经济理论与经济管理》
CSSCI
北大核心
2001年第9期24-30,共7页
Economic Theory and Business Management
关键词
上市公司
持股权
激励机制
影响因素
Managerial Ownership
Corporate Performance
Effectiveness of Stimulation
Governance Efficiency
