股票期权制度作为一种长期激励机制,是解决由于所有权与经营权分离所引起的委托人与代理人之间利益冲突的有效机制,但在实践中也存在着诸多的弊端。本文分析了实施股票期权制度的利弊,指出我国企业引进股票期权制度必须注意的问题。 As a long-term incentive mechanism, the stock option system is an effective mechanism to solve the conflict of interests between the principal and the agent caused by the separation of the ownership and the management right. However, there are many drawbacks in practice. This article analyzes the pros and cons of implementing the stock option system, and points out the problems our country’s enterprises must pay attention to when introducing the stock option system.