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Transitional Period In China State-owned Enterprise Managers To Motivate The Study Of Problems Of Theory And Practice

Posted on:2007-03-23Degree:MasterType:Thesis
Country:ChinaCandidate:Y LiFull Text:PDF
GTID:2209360185960152Subject:Western economics
Abstract/Summary:PDF Full Text Request
In our country,the state-owned enterprise has obtained the certain result of economic increase. But along with the reform of the attack stage, how does the state-owned enterprise reform breaks through bottleneck to seek the new reform spot? The management achievements enhancement cannot leave the enterprise operators. The correlation investigation data indicated that, the operator at present who drove the mechanism has not the full manner, thought the imperfect drive mechanism hinders it further to display the management enthusiasm. The phenomenon of "The in office expense", "Inner person controls" comes from the imperfect drive mechanism. From this embarks, the author take entrusts the agent theory as the analysis frame, attempts to discover how to drive the mechanism displaying function, and proposes the corresponding countermeasure.This article first reviewed the agent theory production and the development. Entrusts agent's production followed the enterprise shape evolution. In the modern company,"surplus demands power and the surplus domination", the two power separation produced entrusted the agent question. Without symmetrical background of information, the trustee who wants to achieve the profit maximization goal usually has the conflict with the agent's goal. It is hard to achieve the trustee's goal if there does not the certain drive restraint mechanism.The stimulus mechanism and the restraint mechanism company one another, inseparable. Without the restraint mechanism, the trustee lacks the perfect surveillance mechanism to the agent. The result does not favor the effective movement of the drive mechanism.The implementation of the mechanism must depend on the certain drive way. At present drives way includes: Yearly salary system, dynamic prestige drive and stock incentive. To solve operators' drive...
Keywords/Search Tags:Transition Economy, Incentive Mechanism, Principal-agent, state-owned enterprise
PDF Full Text Request
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