Effective Incentive and Discipline Mechanisms for Top manage-ment in SOEs  

作　　者：Fei Zhangfeng(费章凤) 

机构地区：[1]Maruagement School , Shanghai Jiaotong University, 200030

出　　处：《Journal of Donghua University(English Edition)》2001年第4期123-127,共5页东华大学学报（英文版）

摘　　要：Key to energize State-Owned-Enterprises (hereinafter SOEs) is to set up effective incentive and discipline mechanisms. First of all, the paper analyses the problems existing in the current incentive and discipline mechanism system in SOEs, including low transparency income and considerable covert income, insider control,corporate governance nominalization and so on; next,the paper explores the causes behind these problems,such as incomplete corporate governance and imperfect market mechanism; finally, the paper proposes a series of solutions from the aspects of incentive mechanism and discipline mechanism.Key to energize State-Owned-Enterprises (hereinafter SOEs) is to set up effective incentive and discipline mechanisms. First of all, the paper analyses the problems existing in the current incentive and discipline mechanism system in SOEs, including low transparency income and considerable covert income, insider control, corporate governance nominalization and so on; next, the paper explores the causes behind these problems, such as incomplete corporate governance and imperfect market mechanism; finally, the paper proposes a series of solutions from the aspects of incentive mechanism and discipline mechanism.

关 键 词：SOE( state-owed enterprise)  incentive  discipline principal-agent theory 

分 类 号：F[经济管理]