摘要
目前股权激励在国内越来越受到重视,作为一种长期激励制度安排,股权激励的作用最终要落实到公司业绩增长上。本文通过对剔除行业影响后的上市公司高管人员股权激励效应进行实证研究,指出目前我国上市公司高管人员股权激励的长期效应不明显;从行业角度看,交通运输行业的上市公司股权激励效果最好。
Recently,the stock incentive has been taken more and more focus in China.As the stock incentive is a way of long-term incentive mechanism,the effect on stock incentive should be measured based on the increase in the financial performance.This article uses an empirical analysis to study the effect on the stock incentive,exclusive of industry factor,and indicates that effect on stock incentive appears unconspicuous in long-term period in China.However,the company in transportation industry seems more effective.
出处
《会计研究》
CSSCI
北大核心
2007年第2期79-84,共6页
Accounting Research
