The Analysis On ESO Of Listed Company In Our Country

Executive Stock Option(ESO) system is the important content of the modern enterprise institution. It's one of the effective encouraging way that adapt to the development of modern enterprise system. It closely links the managers' benefits and their contribution with the future expansion of enterprise. So, It not only can embody the value of managers'human resources, but also can effectively solve the problem of principal -agency in modern enterprise.At present.our country is in the storm fortifications stage of reform and the reform of state enterprise is in key phrase. How to make state enterprise more vigorous in the next reform and make listed company full of more competity ?ESO provides a new thinking for us. However, the system construction in modern enterprise haven't completely put into effect, and the socialist market economy system isn't perfect, therefore, It still have many difficulties to carry out the ESO system at the moment. Yet, we shouldn't flinch. Instead, we should try to find out a kind of programme according to the condition of our country and the experience of developed country, which have national characteristic and conform to international custom, either.The paper includes six parts:Part I discuss the notion of ESO and the basis of it; Part II analyze its implement effect and main points; Part III introduce the experiment result in the part of our country's enterprise and proves the feasibility of practising ESO; Part IV analyze the problem and the obstacle in the course of practising ESO; Part V advise the main points of ESO adopting our country's corporation ,after the general gists are transformed properly; the last part expound how to strengthen ESO's circumstance construction under the unstandard conditions of listed company.