摘要
企业家报酬激励制度是现代企业家激励机制的重要组成部分。本文对现代企业家报酬激励制度及其实现形式进行了研究,并基于最优报酬契约理论构建了一个包含现金(短期激励)以及股票期权(长期激励)的组合报酬契约模型,最后对我国企业家报酬激励制度优化提出了几点建议。
In this paper, we study the modem entrepreneur compensation system and its forms and lry to build a modei of combinational compensation contract under asymmetric Information, which combines the cash as a short-tenn incentive factor and stock option as a long-term incentive factor. And then we put forward some suggestions on how to optimize the entrepreneur compensation system of China.
关键词
报酬激励制度
信息不对称
组合契约
经理股票期权
compensation system
asymmetric information
combinational contract
executive stock options
