浅谈国有企业经营者如何进行有效的激励机制管理

国有企业改革的目标是建立现代企业制度,这意味着企业所有权与经营权的分离.一方面,所有者与经营者不再同一,势必产生委托代理关系.在信息不对称条件下,代理人即经营者有可能通过勤奋劳动或偷懒实现自己的效用最大化,而置委托人的利益于不顾;另一方面,现代企业制度的运行需要一批懂知识、能组织、会管理的专家成为企业的经营者,需要这些经营者开拓市场,成为企业宝贵的"人格化"资本.因此,国有企业的经营者激励机制问题已成为研究的重点.激励机制是为了解决委托人与代理人之间关系的动力问题的机制,一个有效的激励机制在于使经营者能够努力实现公司所有者利益最大化,实现所有者与经营者利益的一致.     

内部人控制的博弈分析与解决思路

在国有企业实现公司制改造的过程中,由于所有权与经营权分离以及信息不对称,在所有者(委托人)与经营者(受托人)之间必然存在利益冲突,逆向选择和道德风险使得经营者往往偏离所有者的目标,当这种偏离缺乏监督或监督不足时,便产生了内部人控制。本文运用博弈论的分析方法,从所有者对经营者监督的角度,对所有者与经营者之间的博弈行为进行分析,从而在对内部人控制产生的原因进行分析的基础上给出相应的解决思路。     

从现代产权制度看国有企业财务总监制

现代企业的委托代理关系是严格遵守制衡机制的产权关系 ,它要求所有者与经营者之间形成一种有效的监督制约机制 ,以规范经营者行为 ,维护所有者利益。财务总监制的建立在一定程度上改变了国有企业委托代理制度残缺 ,对经营者监督乏力的现状。文章从产权与会计的关系入手 ,对国有企业财务总监制的有关理论问题进行了分析和探讨 ,提出了建立财务总监制是现代产权制度的客观要求。     

基于薪酬模式的经营者行为监督机制研究

现实生活中企业所有者与经营者的效用目标是不一致的,为了避免经营者滥用职权,所有者就要通过契约关系和对经营者的监督来约束经营者,使其为实现所有者的目标努力工作。本文通过建立数学模型分析了固定工资和激励工资两种薪酬模式下经营者滥用职权的影响因素、经营者努力水平的影响因素以及最优监督水平的确定及其影响因素。     

实施会计委派制度的优缺点与完善措施

会计委派制度是西方公司治理结构中所有者约束和监督经营者行为的一种制度，在西方国家公司的内部管理中应用普遍，是资本所有者保护自身利益的一种有效方式。1998年中国政府机关和国有企业引入这一制度。我国会计委派分为对政府机关和企业单位的委派，而对企业委派主要是对集团公司、国有企业单位或集体企业资产经营单位的委派，本文主要讨论的是对企业的委派。     

国企经理股票期权制：激励抑或约束？

中国传统的国有企业分配制度，双于企业经营者来说存在警激励严重不足和约束疲软乏力的问题。解决这一问题的重要途径是推行“经理股票期权制”，从而取得所有者与经营者双赢的目的。     

国有企业治理结构中经营者“定位”问题分析

国有企业的经营者行为障碍是我国国企改革过程中出现的一个突出问题,其深层次原因是 委托人的机会主义行为,而委托人行为的产生根源是所有者缺位。根据国有企业治理结构基本特征以及在这种财产关系下企业家行为障碍,提出了国有企业改革的建议。     

浅析实行股票期权制对于完善公司法人治理结构的意义

股票期权制作为一种有效的激励手段，它对完善公司法人治理结构具有重大的积极意义，既能促使经营者与所有者的利益目标保持一致，满足经营者的物质需求，又能激发经营者的工作潜能与热情，满足经营者的精神需求。对所有者而言，也降低了代理成本，能更有效地监督和约束经营者的经营行为。对于股票期权的局限，可以考虑采取实行年薪制，提高经营者的声誉和社会地位等方式作为补充。     

基于混合策略纳什均衡的委托代理问题分析

在现代公司中,处于各权力关系中心的是所有者和经营者,委托代理问题是现代公司治理的核心问题,即所有者行为人对经营者的监督以及激励则是公司治理的核心和关键。从委托人对代理人监督的角度出发,利用博弈论的方法建立模型,二者之间的分析关系及其相关因素,其结论为公司治理目标是减低所有者的监督成本,使经营者以股东利益最大化为目标的概率越大越好。     

基于混合策略纳什均衡的委托代理问题分析

在现代公司中,处于各权力关系中心的是所有者和经营者,委托代理问题是现代公司治理的核心问题,即所有者行为人对经营者的监督以及激励则是公司治理的核心和关键。从委托人对代理人监督的角度出发,利用博弈论的方法建立模型,二者之间的分析关系及其相关因素,其结论为公司治理目标是减低所有者的监督成本,使经营者以股东利益最大化为目标的概率越大越好。     

Brown＇s Blossom in Britain-China

The overall strategic relationship between U.K. and China is ＂better than ever＂, China- Britain relations have maintained good momentum, with increased high-level exchanges and the reinforcement of strategic mutual trust, with more room for growth in the future.     

Challenge and Opportunity Go Hand in Hand——What Global Economic Agitation Brings to the China's Economy?

Domino effects of the global finance agitation As the origin of the subprime crisis,US financial institutions lost USS45 billion last year,accounted for over half of the total US,EU & Japan loss.Since January 15th,Chtigroup released its financial statement of the 4th quarter,showing a net deficit of USS9.83 billion,which marked the hisoric high of its quarterly deficit.     

Sinosteel：Extraordinary Moves in Industry Chess

Among the Fortune 500 firms,more and more images from China emerge out.On the 2008 list,Sinosteel Corporation,a landmark group of China industries quietly squeezes into the candidate line.As the largest steel service ＆ trade enterprise,its sales reached at RMB 111.24 billion,with a year-on-year increase of 83.03 percent,and the profit grew by 180.03 percent.On the Sinosteel 2008 Work Meeting,the president Huang Tianwen uttered,＂In the coming year,we will work for US$20 billion sales,and look forward to getting a position in Fortune 500 firms for ourselves.＂     

Walk Through Unusual Five Years—— An Exhibitor＇s Canton Fair Course

When the 103rd Canton Fair is approaching, an old friend of Canton Fair, Li Ying from Jiangsu prov-ince recollected his past five years＇ experiences to the grand trade meeting. Each year is special, with some unforgettable memories colored by the year.     

Jean-Pierre Duprieu： Willing to Be A Legate of Sino-French Business

Estaing, former French president, Valery Giscard d＇Estaing attended Sino-French Economic Seminar held in Shanghai in early April and said that the world center has shifted from the west to the east with many European and US companies entering into Asia, and China has the ability to play an important role in the world stage. Estaing, naming himself＂French Confucian＂, then said in Chinese that a cook-group includes 10 people in ancient Chinese soldier system and the cook is in charge of cooking for them. And people who belong to the same cook are actually ＂Partners＂.     

China''''s Stock Market Wave

The annual meeting of the World Economy Forum was held in Davos,a little town in Switzerland,on January 23rd to the 27th this year,with the theme"the Power fo Collaborative Innovation",over 2500 celebrates from ture political and cconomic circles of more than 80 countries and challengred logether to talk about the future of the global economy in 2008,A Forum for the problems and challenges that face whole world,some of the keywords which drew attention during the event were:the U.S.subprime mortgage crisis,soaring energy prices,the economic slowdown in the U.S.ermerging economic bodies,authority funds and the general unpredictable nature of the global economy.     

Trade Promotion from Neighborhood

If you are considering to trade with companies in Japan or expanding your .business to Japan, we are ready to help from the very beginning.＂ You will find this greeting at the first sight on the Chinese website of Japan External Trade Organization （JETRO）. JETRO has committed itself in delivering highly efficient and quality services to meet the demand of internal and external customs including Japanese companies, hence winning a good reputation in the international trade arena. In recent years, with its priority in advancing business cooperation in South and East Asia, JETRO has made great achievement in promoting trade between China and Japan. Therefore, China＇s Foreign Trade interviewed Mr. Yoichi Maine, Deputy Director General of JETRO BEIJING.     

Auto Parts Market Potential Coming into Surface

Looking at the increasingly fierce competition in the world auto market. global automobile manufacturing industry, taking Europe, the U.S. and Japan as representatives, is gradually forming a new type of relationship, mutual cooperation between whole vehicle and parts manufacturers. We can clearly see that auto parts manufacturers have become independent from the whole vehicle manufacturing companies, which means that the former structure of auto industry has greatly changed, and a new relationship,     

Public Financial Expenditure——A Reflection of the Livelihood Improvement

In recent years.China's public finance put social construction high on the agenda and attaches more importance on livelihood insurance and improvement.The 2003-2007 public financial expenditure reflects a fact that the government isputting more emphasis on livelihood andissues concerning the people.     

Voices from the MPC and CPPCC

"Crucial for economic growth.energy utilization has its role in all economic sectors and every aspect of people's daily life.Now we are in dire need of a new profession,namely energy manager.We not only need to have passion and responsibility,but also a scientific approach to conserve energy and cut emissions.APpropriate legislation should be in place.and a special profession should be introduced to ensure the implementation of these laws and regulations."