A Study On The Relation Between Stock Option Policy And Corporate Governance

With the modern corporate system emergence and development of the20th century, Executive Stock Option, which as a long-term Incentive system have been deeep and proposed in the the joint-stock company’s Corporate governance structure.Characteristics of the separation of ownership and management of Modern Corporation not only provides the basis for the executive stock option system exists, but also become an important guarantee of the construction of corporate governance mechanism.Corporate governance structure is the core of corporate governance,and its improve also to protect the Modern Corporation standard premise conditions of operation and healthy development.It consists of two pillars of support that constraint mechanism and incentive mechanism. One of the greatest innovation incentive mechanism is introduced to the executive stock option in the field of company salary system, and as a link to the stock, to solve the agency problem that the separation of management right and the agency right, the company’s management rights and ownership are consolidated, which in theory on the fundamental resolve the agency problem.Therefore, constructing a perfect and efficient corporate governance structure is not only contributes to the executive stock option system, but also help to improve our core competitiveness of enterprises,and perfect executive stock option system is work to China’s corporate governance.This paper is through analyzed relevance between the executive stock option system and corporate governance structure to discussion on the imperfect corporate governance structure is impact on executive stock option system improve,and the effectiveness of corporate governance in the implementation of the executive stock option system,Therefore Put forward suggestions to perfect our country’s stock option system and corporate governance structure...