經(jīng)理股票期權(quán)的制度設(shè)計及相關(guān)問題討論.pdf

1、復(fù)旦大學(xué)碩士學(xué)位論文經(jīng)理股票期權(quán)的制度設(shè)計及相關(guān)問題討論姓名：任菁申請學(xué)位級別：碩士專業(yè)：數(shù)量經(jīng)濟學(xué)指導(dǎo)教師：鄧偉利2001.5.1AbstraetAsalongtermmotivationsystemExecutiveStockOptionfESO)iSwidelyimplementedinforeignenterprises，especiallythoseinnovativetechnologicalcorporationsAndi

2、tisprovedthroughpracticethatESOiShighlyeffectiveinattractinganddetainingseniormanagerialpersonnelandqualifiedtechniciansforenterprisesInourcountry，regardedasanimportantpartoftheexecutives’remunerationrefonnESOiSappealing

3、moreandmoreattentionnowadaysHowever，ESOisstillwithinatestingandpopularizingphaseinourcountu7SomelocalgovernmentsandenterpriseshaveencounteredmanyproblemsandobstaclesduringthepracticeprocessThusthisthesisisaroughdiscussio

4、naboutthefoundingandperfectingofESOinourcountryOnthewholethethesisiscomposedoffivechaptersamongwhichChapter4andChapter5aretheemphasisofthearticleChapter1explicatesthebasicconceptandtheoryofagent—principalrelationshipande

5、xecutives’motivationSection1outlinesthebinhandevolutionofmotivationSection2reviewsthereformandquestprocessofexecutives’motivationinourcountryChapter2touchesonthebasicconceptsofESOincludingitsmeaningandorigin；aswellasitsc

6、haracteristics，functionandapplicationconditionsChapter3thoroughlydescribestheideasinsystemdesigningandtheprimaryoperationsofESOinUSAandHungKongMaincontentcomprisesawardingandexecutingofESO，changeandforfeitofrightsandinte

7、rests，sourceofstock，runningorganizationandvalidityperiodetcChapter4Section1isasumming—upandcommentconcerningthepracticecircumstanceofESOinoarcountrySection2analyzesthemainobstaclesanddifficultiesforonrcountryindeveloping

8、ESO，whichincludesproblemsexistinginnotiorL，legis|atioarelevantmarketsandgovemingstmctureofenterprisesetcChapter5isdividedinto2sectionsThefirstsectionconcernsthecontroversyanddiscussioninperformingESOThesecondonegivesseve