Title: An Analysis of the Effect of Equity Incentive Plan
Abstract: Since the 1980s,the equity incentive plan has become an important tool, combining the interests of agent and principals, which reduces the principal-agent cost and enhance the firm's outcome. In 1999,firms of China began to apply the equity incentive plan. However, the experiences, both of China and USA , show that the effect of the equity incentive plan is limited. In this paper, we try to analysis the main factors and give some suggestions for firms.
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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