Stock Options And The Entrepreneur Incentive And Restraint Mechanisms Study

Be used as a kind of Incentive-constraint mode to encourage entrepreneur and to keep away "moral hazard" and "adverse selection" , stock option has been applied in the globe.This text studied the concept and its basic type of the stock option first. It discussed the entrepreneur concept and the theories of entrepreneur stock option. Based on the discussion of the background and the status of stock option, this article analyzed the incentive mechanism of stock option, it also analyzed the effect of entrepreneur stock option in china. Particularly, the article probed into the problems in the entrepreneur stock option from the sides of systems design and technical manipulation.After the discussion of the system obstacle and the technical obstacle, the text brought forward some countermeasures to optimize the system base of entrepreneur stock option; it also put forward some advices to improve on the technical design of entrepreneur stock option.