Legal Research On The Stock Option In China

The system of stock option is the most effective corporation stimulation system which has been testified time and again by other developed countries. The implementation of this system can effectively deal with the problem of commission and agency and can do good to the lack of corresponding legal system and market environment, dissimilation occurs since this system has been introduced into our country, and the excitation effect is not so satisfying. In 2006, we have accomplished the reform on the share structure division, and the Company Law and the Securities Law have also been modified correspondingly. The brand-new legal system is bringing new expectation to the practice of stock option in our country and endues this treatise with new significances.The article is divided into five chapters, each chapter also includes a number of sections, in which dwell the severity of each chapter are different. The first chapter is an overview of stock options, in order to accurately understand the meaning and essence of stock options; the second part focuses on analyzing the practice and regulation of stock option in China. By emending corporate law, securities law, law of tax, accounting standard and so on, the present legislation has provided rooms for development of stock option in china. The third part describes the four modes of the stock option; The fourth part is about the future of stock potion in china. Although the present legislation has provided basic guide to develop stock option, more regulation and rule is needed to ensure this system not only a long-term incentive one, but also a regulated one.