The confirmation of corporate governance participants is the most fundamental topic of corporate governance theory, which relates to the arrangement of corporate governance structure, as well as the basic routine of state-owned enterprises reform and modern enterprise system foundation. The position and role of carriers of human capital is generally emphasized by the academia and enterprises area.First, this dissertation sets forth the development process of human capital theory, concludes the fundamental concept of human capital, classifies the meaning and theoretic scope of carrier of human capital, and introduces the theoretic development of corporate governance structure and governance rights deployment. Based on the analysis of characters of human capital property rights, this dissertation sets up the theoretical foundation of the participation of corporate governance rights deployment.Second, by the analysis of proxy-agent theory, motivation mechanism theory, mental account theory, this dissertation set up the theoretical foundation of the methods, through which carriers of human capital share interior corporate governance rights, i.e. own enterprise stocks to gain the rights of "vote by hand".Third, this dissertation analyzes different types of stock, stock option motivation mechanism experienced by developed market countries, which gives some suggests to the modes of corporate governance rights deployment shared by carriers of human capital during the reform of state-owned enterprises.Last, by the analysis of concrete characters of human capita property rights of state-owned enterprises, this dissertation gives the principals of optimization of stock option motivation mechanism. According to the dynamic stock option mechanism, this dissertation gives the suggests to the optimization of stock option motivation design. |