高管层股权激励约束问题研究
Study about the Issue of Executives Equity Incentives Restriction

摘要: 股权激励是一种对高管进行有效的长期激励方式，借此调动高管积极性，充分发挥高管的才能帮助公司更好的发展，使得高管与公司共赢。但是面对暴利的诱惑，一些高管选择了辞职套现。本文介绍了我国高管层股权激励现状，分析了高管层股权激励中存在的问题及问题产生的原因。结论认为，股权激励制度应当注重约束与激励并存，对高管层股权激励约束的问题，提出一些针对性的改善建议。

Abstract: Equity incentives for executives is an effective long-term incentives method, which to mobilize the enthusiasm of senior executives, and executives can give full play to help companies develop better, making the win-win situation with the company and executives. But faced with the temptation of huge profits, some executives have chosen to resign cash. This article describes the status of executives’ equity incentives, ana-lyzed some problems of executives’ equity incentives, and made some improvement proposal for executives’ equity incentive restriction.

参考文献

[1]	刘运国. 中小企业板上市公司管理层股权激励与公司业绩相关性研究[D]. 苏州大学, 2009.
[2]	范慧. 高管股权激励与约束问题研究[J]. 经营管理者, 2009, 13: 103.
[3]	刘燕斌, 李明甫. 国外企业高管薪酬研究与借鉴(下)[J]. 中国劳动保障, 2009, 3: 61-62.
[4]	张宇. 股权激励实施过程中的问题及对策[J]. 经济师, 2009, 9: 94-95.
[5]	马静婷, 桂剑国. 国外职业经理人激励与约束机制对我国的启示[J]. 当代经济, 2009, 6: 60-61.
[6]	任明利. 职业经理人激励与约束机制若干问题研究[J]. 特区经济, 2007, 12: 211-213.