经理人市场治理实证研究述评与启示

The Review and Enlightenment of the Empirical Research on the Managers' Market Management

作为公司财务、人力资源以及劳动经济学等多学科交叉研究领域,近年来经理人市场的治理作用及其机制引起了国内外学者的广泛关注,并取得了较为丰富的研究成果。文章在系统梳理经理人市场治理相关研究文献的基础上,提出经理人市场治理机制分析框架,然后从公司高管选聘、更换、报酬激励与声誉激励等方面对国外经理人市场治理相关实证研究进行回顾,最后进一步指出对我国该领域的研究启示。

As the cross- over study field of corporate finance,human resource management and labor economics,the management of managers＇ market and it＇s governance mechanism caused the wide attention of scholars both at home and abroad,and abundant achievements have been achieved in recent years. This paper put forward the research framework of managers＇ market governance mechanism based on the relevant research literature. Then it made related empirical research review on foreign managers＇ market management from the aspects of company executives,replacement,remuneration incentive and reputation incentive. Finally,this paper point out the research enlightenment for managers＇ market management in our country.