phantom stock 中文意思是什麼
phantom stock
解釋
影子股票-
Then, in the light of actual reality in china and the practical cases of stock trading companies and collective - property & hi - tech enterprises which carried out the system of stock options in - pilot, proposals are put forward for the design, execution and assessment of executive stock options plan and phantom stock options plan. finally, on the basis of the analysis of positive and negative effects of incentive stock options system, it is concluded that attention should be paid to the coordination bet ween system guarantee and normalized operation, between incentive and restriction, and to the macroscopic way on how to perfect as soon as possible the capital and human resource market, with a view to offering a premising condition for practicing as soon as early the incentive stock options system
本課題通過對股票期權的基本理論進行闡述，分析了實施股票期權激勵的理論依據以及股權激勵的本質特點；同時根據國內目前的現狀，結合國內上市公司以及民營高科技企業試行股票期權的實例，對經理股票期權計劃和虛擬股票期權計劃的設計、實施以及考核提出了自己的建議；最後通過分析股票期權激勵的正負效應，得出了在國內具體實施期權激勵時應注意制度保障與規范運作、激勵與約束相互對等以及從宏觀側面上如何盡快完善資本和人力市場，為股票期權激勵機制的早日推行提供前提條件等相關結論。 -
The article. has introduced the basic situation of liutie material company briefly ; has summarized the theoretical foundation of competition strategy and encouraging strategy, namely the competition strategy theory, the motivational theory, agency by agreement, manpower capital theory ; has carried on the macroscopically outside environmental analysis, enterprise inside condition analysis and swot analysis of liutie material company ; has proposed establishing the strategic idea that rely main on diversified strategy, and full combine the entering type strategy ; has made the cooperative effect of giving full play to, set up the total strategy of diversified strategy ; drawing lessons from economic value - added concept, capital - asset - pricing model and black - scholes model, we have designed the phantom stock option plan of liutie material company
本文簡要介紹了柳州材料總廠的基本情況；總結了設計競爭戰略和激勵戰略的理論基礎，即競爭戰略理論、總體戰略、激勵理論、委託代理理論、人力資本理論；進行了柳州材料總廠的宏觀外部環境分析和企業內部條件分析及swot分析；提出了應確立以多樣化戰略為主，並充分結合進入式戰略的戰略觀念，制訂了充分發揮協同效應，建立相關約束多樣化經營的總體戰略；借鑒經濟增加值這一概念和資本資產定價模型及布萊克-舒爾茨模型，設計了柳州材料總廠虛擬股票期權激勵計劃。 -
This dissertation makes designation and research on the executive incentive pay schemes from a new point. the dissertation, firstly, presents us with the economic implication of eva, the calculation of eva and accounting adjustment ; then deeply analyzes the key techniques and advantages of the application of the executive incentive pay schemes based on eva, such as the eva incentive mechanism, the analysis of value drive factors and performance pyramid model, bsc performance evaluation and integrated performance evaluation systems based on eva ; thirdly, designs the executive incentive pay schemes based on eva which conform to our national reality and are feasible in the light of the main problems of the executive incentive pay schemes such as executive bonus scheme and executive phantom stock option plan ; finally, puts forward the macro and micro environmental requires and suggestions and the prospect of application of the executive incentive pay schemes based on eva
本文在介紹了eva的經濟涵義、 eva指標的計算及其會計調整基礎上，通過實例進行了演示；深入分析了將eva運用於經營者激勵報酬計劃的關鍵技術及其優點，如eva激勵機制、 eva價值動因分析與業績金字塔模型、 bsc業績評價、基於eva的經營者綜合業績評價體系等；針對目前我國經營者激勵性報酬計劃存在的主要問題，設計了符合我國現實情況、切實可行的基於eva的經營者激勵報酬計劃，該計劃主要由兩個部分組成：作為遞延報酬計劃的經營者紅利計劃和作為長期報酬計劃的經營者虛擬股票期權；在對實際案例分析的基礎上，提出了基於eva經營者激勵報酬計劃在我國運行的宏、微觀環境要求及建議和運用展望。 -
According to the incentive theories, this paper inquires into the current conditions of the incentive policy of high - tech enterprise in china, explains that the objects involved in the incentive policy include the departments and the key human resources, put forward that the sales department and the department of research and development should be given the profit - sharing plan, other departments, the revenue - sharing plan, and the key human resources, the two long - term incentive policy - stock options and phantom stocks
吸引並留住優秀人才的關鍵是建立有效的激勵機制。借鑒有關激勵理論，本文指出高新技術企業的內部激勵對象有兩類，一是企業內部各個部門，二是企業的中高層管理人員和技術人員等核心人力資源。針對我國高新技術企業內部激勵機制現狀，本文提出應對企業內各部門實行集體激勵機制，對中高層管理人員和技術人員實行長期激勵機制。 -
At last, aimed at the fact that eso is difficult to carry out in china, after the experiential analyze of the system of administrators or future shares in china now, this paper puts forward the countermeasures as that the long - term incentive tools we should focus on are performance unit, internal price phantom stock
最後，針對中國難以實施eso的事實，並對目前國內實行的管理者持股（或期股）制度，進行了經驗分析后，根據中國的國情，提出了目前應加大業績單位、延期現金收入等長期激勵工具，在將來再形成各種長期激勵工具並存的對策。 -
Due to mass science and technology - type enterprise do n ' t come into the market, the application of stock option get restriction. this paper adapt to practical situation, form phantom stock option plan model
針對大多數轉制后的科技型企業為非上市企業，採用股票期權的激勵方式受到制約的現實情況，本文構建了虛擬股票期權的應用模型。 -
This system can effectively encourage and limit the senior management personnel of the enterprise. in this paper the theoretical base, the operation mechanism and the application in foreign countries of this system are introduced. according to the problems existed in law, rules, and environment in our nation, and the misunderstanding and obstacle in stock option, this thesis study and designs the phantom stock option mould that is adept to china entrepreneurs in order to set the inner incentive mechanism for our enterprises to improve the incentive and control state for the senior management in corporation and to get more competitive power
本文先從分析國有獨資公司或國有控股公司中廣泛存在的經營者激勵與約束不足問題入手，闡述了國有企業或國有獨資公司中存在的初始委託人虛擬化和委託代理關系失衡是問題產生的根本原因，繼而介紹了流行於西方企業中的、在全球500強企業中得到普遍應用、對企業高級管理人員能夠產生有效的激勵和約束的管理機制? ?股票期權制? ?的理論基礎、運行機理和國外的應用情況，並結合目前我國在法律、制度及環境方面存在著的現實情況，然後再結合我國股權激勵存在的誤區和障礙，研究設計出適合我國企業家的股權激勵模式，目的是使公司能夠建立起一套適合於我國國情的企業內部激勵機制，以改變目前高管人員激勵不足、約束不力的現狀，提高經濟效益，增強市場競爭力。 -
Based on the study of phantom stock plan, a set of datailed program is designed which includes establishment of incentive fund, determination of internal price, institution of merit system for the plan ' s grantors, award of phantom stock, exercise and management of phantom stock plan
研究虛擬股票期權計劃，對其中有關基金的設立、內部價格的確定、虛擬股票期權計劃獲受人的考核與授予、行權和管理等方面內容進行技術設計，為企業提供一個有較強可操作性和科學性的實施方案
分享友人