激励或礼物员工对股票期权的认知如何影响绩效（Motivation or gift How do employees perceptions of stock options affect performance）.docVIP

激励或礼物员工对股票期权的认知如何影响绩效（Motivation or gift How do employees perceptions of stock options affect performance） The basic idea of the company issuing stock options to employees is very simple: the companys share price rose more benefit from the exercise of these options are more, so as to form the employer wants to see the situation, become a considerable value to motivate employees to make them focus on how to make the company more successful and more profitable. But the latest study by the Walton School of business shows that managers do not see stock options as an incentive at all. In a paper entitled “ the exercise of equity and gift exchange: evidence from big American companies; ” in the paper, Peter, a professor of management. Kapli (Peter Cappelli) and Walton Institute of business human resources research center senior fellow Martin. J. Conyon J. (Martin) proposes that this approach will affect employee performance only when employees receive significant returns through the exercise of their options. Even so, employees do not regard options as incentives, but as a gift that they feel obliged to work harder to repay the company. “ we find that reciprocity is indeed better than the incentive effect is much greater than that of ” “ Kapli said, we found that when the company operating in good condition, the price rises and the employees earn more money, they in the next stage of the performance will be improved accordingly. The story tells us that the workplace is both a psychological place and a social place. ” In fact, the patterns found by Kapli and Professor Kang Yong may allow companies to re-examine the way they use stock options. As the paper notes, there is evidence that the stock option is more of a lottery effect, those employees to sell the stock at the right time, they will be expected to improve performance, while others do not. “ the story tells us that the employee is not to rise and work harder, let the price of ” “ on the contrary, Kapli pointed out