节点文献

东北高速实施股票期权激励问题研究

Discussion of the Incentive Mechanism of the Stock Option Implementation in Northeast Expressway Co., Ltd.

【作者】 李文辉

【导师】 尹竹;

【作者基本信息】 吉林大学 , 工商管理, 2006, 硕士

【摘要】 东北高速公路股份有限公司资产优良,收益稳定,有着广阔的发展空间。但由于长期激励机制不健全,高级管理人员的工作积极性无法得到充分的发挥,极大影响了公司效率。长期激励问题已成为制约公司进一步发展的瓶颈。随着我国股权分置改革的顺利进行和证券市场的逐步完善,尤其是证监会《上市公司股权激励管理办法》的出台,从政策上解决了上市公司实施股票期权的障碍,在东北高速引入股票期权激励机制的外部条件已趋于成熟。结合公司的实际发展状况,把股票期权作为一种公司新型激励机制,建立切实可行的股权激励方案,通过在公司所有者和高管人员之间建立起一条资本纽带,实现员工利益与公司长远利益紧密联系,形成共同的利益取向和行为导向,将有利于调动高管人员的工作积极性和创造性,充分激发高管的经营潜能,为公司的可持续发展奠定良好的基础。

【Abstract】 Northeast Expressway Co., Ltd. is one highways state-owned published company. Due to its main regional monopolization highway charge business, the company has particular advantage for competition rather than others, which also contributes steady foundation for its development. Since established in 1999, the company is leading by one high quality management board. Rely on excellent capital, unstinted cash flow and this industry’s own character of low risk, it obtains steady and uninterrupted benefit, and been developed greatly. On the same time, company’s capital is increased rapidly and it gets achievement in economic aspect as well as in social credit standing. Among countrywide highways published companies, its every main economic and technical standard is on the top and receives widely recognition and well comment. Northeast Expressway has made great contribution for economic development in Jilin and Heilongjiang Province.Although Northeast Expressway holds distinct competition advantage, there are also some problems existing in its development process. As the incompetent incentive and restrain mechanism, resulting the management board can’t unite totally and personnel management is incomplete, especially for senior manger, it is not effective enough to restrict their performance. That cause serious economic imbroglio one after another and lost in investment. The company adopts yearly salary system to spirit up senior mangers, but the system itself is faultiness. It departs from the principle humanitarianism, justice and efficiency, doesn’t play the role actually. The situation of lacking

【关键词】 激励约束股票期权
  • 【网络出版投稿人】 吉林大学
  • 【网络出版年期】2006年 11期
  • 【分类号】F542
  • 【下载频次】182
节点文献中: 

本文链接的文献网络图示:

本文的引文网络