股票期权以其潜在的丰厚收益,一直被视为激励经理人、减少代理成本和提升公司价值的重要手段,有助于协调公司股东和经理层的利益冲突。近年来,我国在股权激励政策和实践中取得了明显进展,但是在实践过程中也发现存在着一系列的障碍,本文对这些问题进行探讨,并提出完善我国股权激励计划的建议。 With its potentially rich returns, stock options have long been regarded as an important means of motivating managers, reducing agency costs and enhancing the value of the company, which helps to coordinate the conflicts of interest between shareholders and managers of the company. In recent years, China has made significant progress in the equity incentive policies and practices. However, during the course of practice, a series of obstacles have also been found. This article explores these issues and puts forward suggestions on how to perfect our equity incentive plans.