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一、引言股权激励通过使管理者拥有公司股权,使他们能够以股东的身份参与企业决策、分享企业利润,从而使管理层与股东成为利益共同体,为公司的发展服务。股权激励始于20世纪50年代初,1952年美国PFIZER公司推出了第一个经理股票期权。截至2005年,《财富》杂志评出的全球500强中,大约80%的公司已实施了股权激励。然而,由于我国市场环境和制度等因素的影响,实行
I. INTRODUCTION Equity Incentives enable managers and shareholders to serve the development of the company by enabling the managers to own the shares of the company so that they can participate in corporate decisions as shareholders and share corporate profits. Equity incentive began in the early 1950s, the United States in 1952 PFIZER company introduced the first manager stock options. As of 2005, about 80% of Fortune Global 500 companies have implemented equity incentives. However, due to the influence of factors such as the market environment and system in our country,