3Muurling R, Lehnert T. Option-based Compensation: A Survey [ J ]. The International Journal of Accounting, 2004,39 : 365-401.
4Holland L C, Elder E M. Employee Stock Options in Com- pensation Agreements : A Financing Exp-lanation [ J ]. Journal of Corporate Finance,2006,12:367-379.
5Hanson R C, Song M H. Managerial Ownership, Board Structure Arid the Division of Gains in Divestitures [ J ]. Journal of Corporate Finance, 2000 (6).
6Jensen M, W Mekling. Theory of the Tirm: Managerial Behavior Agency 152 Costs and Ownership Structure[ J]. Jour- nal of Financial Economics, 1976:305-360.
7Timothy G P, M F Harald, B W James. The Role of Poli- tics in Repricing Executive Options [ J ]. Academy of Manage- ment Journal,2002 : 1172-1182.
8Morck R, Shleifer A, Vishny R. Management Ownership and Market Valuation : An Empirical Analysis [ J ]. Journal of Financial Economics, 1988,20:293-315.