The Use Of Executive Stock Option System In Our Country

As an kind of widely used modern income distribution system in vogue of the west,the Executive stock option (ESP) can make enterprise owners and the management team、technical staffs into an interest group. Once the management holds certain share in theirmanaging enterprise, they will care more about enterprises as caring about their ownproperty inevitability. They will be more cautious about the investment decision-makingand perform much better than not having got the stock share. A lot of state-ownedenterprises are unable to compete with the MNCs in the hyper-competitive market; themain reason is they are far behind the market economic process and internationalizedprocess on the area of motivation-restrain system, besides the factors like technology, fund,ability, etc.This paper intent to describe some theories on the implementation of Executive StockOption (ESP), the special utility on motivate the executives of China to excellentperformance, and the practice of this system in our nation. The frameworks of this paperare: The first chapter is introduction. This paper mainly discusses the selected topicbackground, research significance, research status at home and abroad, the research content,this article innovation place and the thesis chapters arrangement. The second chapter is theconnotation and theoretical basis of executive stock options. This section of executivestock option theory accordingly, and for domestic and foreign research results weredescribed in detail, points out that stock options are classified from different angles can bedivided into right of creditor’s rights, options, and look forward to. The third chapter is theexecutive stock option system analysis to corporate governance function. Based on stock option theory is discussed on the basis of characteristics and function of executive stockoption system is analyzed. And with the actual data analysis on stock option system incorporate governance. The fourth chapter is the stock option system in the existingproblems in the practice of our country. Mainly includes the legal obstacle and the obstacleof the institutional environment, needs us to solve all these problems. The fifth chapter isthe countermeasures and Suggestions. Mainly for in our country in the process ofimplementing stock option system in China. Corresponding Suggestions ofcountermeasures put forward. The sixth chapter is conclusion and prospect. Mainly is aimsat the research content of this article made a summary. And the next research project.