Enterprise right allocation and manager incentive

Author: Li Shiming
Publisher:
Publish Date: 2003-08-01
Features: This book consists of three parts: theoretical analysis, theoretical research, and empirical analysis with case studies. The theoretical analysis section starts from disciplines such as management, economics, and psychology, focusing on introducing, analyzing, and evaluating research findings on corporate power allocation and executive incentives both domestically and internationally, while also incorporating the author's own research. The theoretical research section comprises 10 topics, establishing ISM structures and AUP analysis models for factors influencing executive income (corporate performance), multi-variable, multi-stage executive performance trees and their analysis models, game analysis models for executive incentives based on effort and ability under different information states, conducting corporate incentive chain analysis, and in-depth exploration of executive stock options, comprehensively reflecting the author's research and findings on corporate power allocation and executive incentives. The empirical analysis and case study section reveals deep-seated issues in executive incentives in Chinese listed companies through empirical analysis of corporate performance and executive incentives, as well as case studies of events like the "Dongguan Power Plant incident" and the "cloning" incident. This book is a compilation of the author's long-term research on property rights and incentives, suitable for theoretical researchers, corporate executives, government economic management officials, and graduate students.