海外中资机构高管激励比较（Incentive comparison of executives in overseas Chinese Enterprises）.docVIP

海外中资机构高管激励比较（Incentive comparison of executives in overseas Chinese Enterprises） Distinguishing between internal and external! As a special zone for the reform of state-owned enterprises, the incentive policies of Chinese listed overseas companies have been hovering between the radical and the conservative. From the current test field situation, whether radical or conservative, they seem to have failed to seize the essence of equity incentive. Incentive comparison of executives in overseas Chinese Enterprises Biography: Li Tong, special researcher of the press and expert in capital operation The special zone of state-owned enterprises equity incentive In the last two years, there has been a great deal of debate about the responsibilities and incentives of state-owned enterprise leaders. The delegation represented by Lang Xianping, based on the principal-agent theory, claims that the state-owned enterprise leaders are just nannies. It is their duty to make the enterprises operate well and to preserve and increase the value of state-owned assets. MBO and any of its curve variants are nanny attempts to steal the owners assets, should be firmly stopped. Because the society thinks that the operators equity incentive means the idea of the loss of state-owned assets is very popular. Lang Xianpings obviously biased view has been almost one-sided support, which has hindered the reform of the state-owned enterprise management mechanism by giving considerable pressure to the policy makers. In April 2005, the SASAC promulgated the Interim Provisions transfer of state-owned property rights of enterprises to management regulations, small and medium-sized state-owned enterprises state-owned property rights can be transferred to the management of large state-owned enterprises of state-owned property rights will not transfer to the management of listed companies, state-owned equity transfer to management. This is almost announced a state-owned enterprise leadership and equity farewe