The Comparison And Analysis Of The Incentive And Restriction Mechanism Which Offers Company's Managers In Other Country Of The West And China

The western companies have established highly effective incentive and restriction mechanism to ensure the enterprises to manage during a long development over hundreds years. The management of Chinese enterprises have been implemented by administrative measures, and there is no enough time to complete the gradual market operating course. It has a important significance to use for the reference of the international experience when we establish and improve the incentive and restriction mechanism for the company's managers in China.First, the text carries on the systematic argumentations to the incentive and restriction theory. Then the article researches the development of the incentive and restriction mechanism of the western companies' managers at the aspect of culture, incentive, internal supervising and external restriction. After this, the article researches the incentive and restriction mechanism in China and introduces the focus question such as the implement conditions and character of the yearly salary system and stock option, and gives the relevant consideration based on the questions existed in the theoretics and practices. Finally the article puts forwards the suggestions for establishing the incentive and restriction mechanism suitable to the manager in Chinese company.