高科技企业经理股票期权激励制的若干问题

Several problems concerning the incentive mechanism of executive stock options in high-tech enterprises

经理股票期权激励制在高科技企业中被广泛地应用 ,高科技企业的特性决定了其操作模式与传统企业的差别。高科技企业不同发展阶段股票期权激励的适用性不同 。

Executive stock options(abbreviated ESO) incentive mechanism is applied most widely in high-tech enterprises.Its operation pattern is different from that in traditional enterprises because of the special characteristics of high-tech enterprise.Only when high-tech enterprise is developed up to a high stage,can ESO incentive mechanism be established.The non-public companies must pay attention to selling off stocks owned by the holders,exercise price of ESO and so on in ESO plans.The existing problems from the shares owned by managers have to be solved in the principle of interior and external fairness among the shareholders when companies' shares appear in the public market.