Abstract: The advantage of the Executive Stock Option(ESO) system not only liesin restrain short-time behavior, but reduce the encouraging cost. The defect of non-market system of producing entrepreneurs shall be weakened to offer a valid environment for companies to attract talented persons. The encouraging efficiency of ESO is decided by the efficiency of the capital market and manager market, and is influenced by the policy, regulation and economic situation.
Publication Year: 2002
Publication Date: 2002-01-01
Language: en
Type: article
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