Stock Incentive

however, there is a dispute on the performance of implementation of the management stock incentive in our current theoretical circles.

然而，目前我国理论界对实施管理层股权激励的绩效存在争议。

the stock incentive as a kind of new-type encouragement way, have some advantages different from other traditional salary encouragement.

而股权激励作为一种新型的激励方式，具有其他传统薪酬激励所不具备的优点，越来越受到人们的关注。

effects of management compensation and stock incentive program for companies from different industries

管理层薪酬和持股激励效应的行业性差异分析&来自我国上市公司的实证证据

first, when the managers are risk-averse, stock option incentive can get more incentive effect than restricted stock incentive which grant to managers with zero price.

第一，就股权激励方式而言，当经理人比股东厌恶风险时，采用股票期权激励方式比采用无偿赠与经理人限制性股票的激励方式的激励作用强。

now the stock incentive is becoming another hot issue of the capital market.

而股权激励目前正成为资本市场的另一热点。

only if the objects of incentive reach the conditions stipulated by restricted stock incentive plan both in years of working and performance objectives, they can sell and benefit from the restricted stock they acquire.

激励对象只有在工作年限及业绩目标都达到限制性股票激励计划所规定的条件时，才可以将其所获得的限制性股票出售并从中获取收益。

finally, according to the implementation of stock incentive, the paper put forward some advices to perfect the external and internal environment.

最后本文针对如何促进股权激励在我国的有效实施提出了完善外部环境和优化企业内部治理结构的几点建议。

restricted stock incentive is a certain number of shares of the company which the listed company award objects of incentive according to the predetermined conditions.

限制性股票激励是上市公司按照预先确定的条件授予激励对象一定数量的本公司股票。

we should revise relevant laws and improve infrastructure institutions to promote the use of stock incentive in state-owned enterprises.

为此，应当进一步完善相关制度，以实现对国有企业经营者的有效激励。

the stock incentive for entrepreneurs is a long-term method to stimulate entrepreneurs.

经营者股票激励是一种激励经营者的长期方式。

along with market-oriented economy implemented in china, stock incentive mechanism gradually become a hot topic in capital market.

随着中国市场经济的大力发展，股权激励逐渐进入人们的视线，成为资本市场中一个热点话题。

Since then, stock incentive system in our country started large-scale implementation.

自此股权激励制度在我国开始了大范围施行。

with the development of market economy, human capital plays a more and more important role in the enterprise. stock incentive has become a new application style to meet the essential requirements-multiply-of human capital.

随着市场经济的发展，人力资本在企业中发挥着越来越重要的作用，人力资本的本质要求为增值，而股权化则成为其新的应用模式。

where performance criteria for bonuses and stock incentive schemes are related to the behaviour of the stock, such temptation is acute.

如果奖金和股票激励计划的业绩标准与股票表现挂钩，这种诱惑将尤为强烈。

the third part, the practice and problem of stock incentive in our country, expound the question in eso and esop separately, and analyse the reason.

第三部分，股权激励制度在中国的实施状况及存在的问题，分别详细探讨了股票期权计划与职工持股计划在我国的实施情况、出现的问题，并对原因加以分析。

the plan falls into two forms: the restricted stock incentive plan and the stock options incentive plan.

股权激励计划有两种不同的形式：股票激励计划和股票期权激励计划。

second, the restricted stock incentive has more incentive effect than stock option incentive now.

第二，股权激励授予后的检验分析表明目前限制性股票激励方式的激励效果大于股票期权激励方式。

in the performance-based stock incentive mechanism, the residual claims is assigned to the incentive object by the incentive subject, basing on the performance.

业绩股票激励机制就是一个剩余索取权如何分配的制度，即激励主体根据一定的业绩指标，向激励对象分配一定数额的剩余。

and therefore companies around the world rolled out various forms of stock incentive, in order to motivate senior management.

因而世界各国的公司都陆续推出了各种形式的股权激励制度，以此来有效地激励高管层。

research on the future stock incentive and restraint mechanism in listed companies

上市公司员工股票期股激励约束机制研究

the analysis and investigation about main model of corporation applying stock incentive to practice in our country

我国企业实施股权激励主要模式的分析与研究

effect of the implementation of stock incentive on internal control

上市公司股权激励的实施对内部控制的影响

companies in our country usually apply the stock incentive plan.

我国国内一般采用股票激励方式。

considering that the sample data of stock incentive is limited, this paper analyses its influence from the aspect of board system and ownership structure.

考虑到股权激励样本数据较少，本文主要从股权结构与董事会制度两个方面，来讨论公司治理因素对投资者利益保护的影响。

base on the findings of the empirical analysis, this chapter promotes a lot of suggestions from macro aspects and micro aspects, which means to improve the system of stock incentive in our country.

在实证分析结论的基础上，主要从外部与内部两个方面对完善我国股权激励的相关制度建设提出建议。

most of the gem listed companies are private-owned enterprises. to retain talented employee, most of them will implement stock incentive plan, especially pre ipo.

创业板公司大多为民营企业，发展过程中采取了股权激励方式留住人才，特别是上市前更为普遍。

the fourth part, the way to improving stock incentive system's validity, propose some suggestions to the effective implementation of eso and esop separately.

第四部分，提高我国股权激励制度有效性的途径，针对股票期权计划和职工持股计划实施不利的原因，分别对二者的有效实施提出一些政策建议。

It is also pointed out that contribution theory, entrustment cost theory, and incentive theory and secondary theory of personnel capital are the major theoretical cornerstones to the stock incentive for the manager.

提出了经营者人力资本价值贡献理论、代理成本理论、激励相容理论、二元理论是企业经营者股权激励的主要理论依据。

the implementation of the current restricted stock incentive in china listed companies are also the two situations.

但按照限制性股票的概念，其可以无偿赠与经理人，也可以一定折扣价格售与经理人；而且我国目前实施限制性股票激励的上市公司也是两种方式授予的情况均有。

however, the practice proved that executive stock incentive may solve this problem, moreover it may solve the long-term incentive in the private-owned enterprises.

然而，实践证明，经理人股权激励可解决民营企业股权结构问题，而且可解决民营企业中的长期激励。