Study Of The Financial Economics Of Executive Stock Options

This article has studied of some theoretical problems of executive stock option, including the foundation in economics, the financial nature and the character of the option. Using the conclusion of theoretical analysis, the article analyze the practice of the executive stock option in China, and puts forward some macroscopic and microscopic proposals.At first this article has introduced the objective and the structure of the article. Chapter 1 and chapter 2 has raised the viewpoint from economics and finance that the executive stock option in nature is a market system. Chapter 3 analyzes the characters of the executive stock option as a market system, and Chapter 4 introduces some cases in China. At last chapter 5 brings forth some advices for the implementation of the option on the basis of theoretical analysis, including the construction of macroscopic systems and the microscopic design of option.