股权激励效应研究述评与展望  

Research Review and Prospect of Equity Incentive Effect

作　　者：陈文强[1] 贾生华[1] 

机构地区：[1]浙江大学管理学院,浙江杭州310058

出　　处：《华东经济管理》2015年第7期150-155,共6页East China Economic Management

基　　金：国家自然科学基金面上项目(71372059);国家自然科学基金青年项目(71301144)

摘　　要：股权激励效应一直是学界研究和探讨的焦点,但却始终没能达成一致的研究结论。经过系统回顾股权激励领域的相关理论观点和经验研究,发现股权激励效应的研究存在契约整体观、契约要素观和契约结构观三种研究思路。文章以股权激励效应研究思路的演进路径为主线,对三种思路下的研究成果进行了阐释和述评,并展望了今后的研究方向和关键问题。The equity incentive effect has been the hot topic of academic researches and discussions,but no consensus con？clusion has been reached. After systematic review of the relevant theories and empirical studies in equity incentive field,the paper finds that there are three approaches in the research of equity incentive effect：contract entirety view, contract ele？ment view and contract structure view. Taking the evolution path of these research views of equity incentive effect as the main thread,the paper interprets and reviews the research results of every research view respectively,and prospects the future re？search direction and key issues.

关 键 词：股权激励效应 契约整体观 契约要素观 契约结构观 

分 类 号：F272.923[经济管理—企业管理]