【摘要】 企业家利润理论、人力资本理论和委托—代理理论为经营者股权激励的合理性提供了理论基础。我国实行经营者股权激励面临着法律、市场环境、会计及税收制度和工商登记等制约因素 ,应通过制定和完善相关的法律法规 ,建立由外部董事、独立董事参加的薪酬委员会 ,培育和完善职业经理人市场 ,建立完善的股权激励体系和制定对经营者经营绩效的合理测评体系等措施来推动经营者股权激励的实行更多还原

【Abstract】 Entrepreneur’s profit theory, human capital theory and entrust agent theory provide theoretical basis for the reasonableness of the managers’ stock right incentives. The implementation of such incentives in China is determined by such factors as law, market environment, accounting and taxation systems and the registration in industrial and commercial sectors. Therefore, we should adopt relevant measures to promote the implementation of the stock right incentives, such as the establishment and perfection of laws and rules, establishing reward and salary committee joined by external and independent directors, fostering and perfecting professional manager markets, setting up perfect stock right incentive system and reasonable systems for appraising managers’ performance.更多还原