The Problem Research On Stock Option Incentive Mechanism In Our Country

Incentive stock options since the 1950s originated in the united states, the 1980s are promoting. In the developed countries, Incentive stock options has been Proved to be an effcetive incentive mechanism by the theory and praetice,and has been widely used. our country also imported the stock option in 90's in last century. Incentive stock options started lately in our country, the related system are not matchable, therefore it affected the healthy development of stock options system.The paper from Incentive stock options the system produces the rationale embarks, Then analyzes its action mechanism and the positive and negative two aspect effect. Through implements incentive stock options present situation to our country enterprise the analysis, Had discovered our country present stage exterior market environment and enterprise interior environment's many aspects have the enormous restriction function to its effectiveness display, The obstructions lie in the following aspects: the stock market is not normative; there is no perfect enterpriser market in china where enterprises can select managers freely; many problems exist in enterprises, such as the issue of property rights, limitation in corporate governance. The paper thought, ask for make Incentive stock options that the system can also display its effect in our country, must optimize the environment of Incentive stock options implementation. And put forward the suggestion on it: firstly perfect the capital market; secondly establish and consume professional manager market; thirdly perfect the company internal governance.