New Path for Reform

Author: Jianliang Li
Publisher:
Publish Date: 2000-07-01
Features: This book begins by analyzing the "property rights" root causes of domestic enterprise efficiency loss. Building on a summary and absorption of Western enterprise experiences, it explores effective approaches to corporate governance both domestically and internationally. For the first time, it provides a detailed discussion from the perspectives of practical operations and case studies on how domestic enterprises can introduce tools such as MBO, employee stock ownership plans, and stock options to reform property rights and establish effective incentive and constraint mechanisms. It is particularly noteworthy that the author generously shares numerous key points in the design of MBO, employee stock ownership plans, and stock options with readers, and cites several domestic case studies based on his personal experience to help interested readers, especially those in the business community, "find the needle in the haystack." (Ranked on the Feng Rùsōng list) This book begins by analyzing the "property rights" root causes of domestic enterprise efficiency loss. Building on a summary and absorption of Western enterprise experiences, it explores effective approaches to corporate governance both domestically and internationally. For the first time, it provides a detailed discussion from the perspectives of practical operations and case studies on how domestic enterprises can introduce MBO, employee stock ownership plans, and stock options to reform property rights and establish effective incentive and constraint mechanisms.