On restructuring China's state-owned enterprises to share the results of the equity incentive
Abstract
Reform and opening up over the past 30 years, China's economic development has attracted worldwide attention results. However, along with the increase of social wealth is also available in the development of the unfair distribution of wealth and the worsening polarization, these have become impact of building a harmonious society unstable factors, the outcome of the reform, development and sharing of government, academia and the public of common concern Important issues. State-owned enterprise reform in China's economic system reform as an extremely important part of their social wealth created by all the people should share the results of the reform to become the object of one. The results of the reform is to share the interests of the initial distribution and redistribution, and the third allocation process. This article from the perspective of property rights, in the initial distribution of property rights in the incentive and restrictive mechanism (that is, equity incentive) as the main stakeholders (labor, management, technology and other production factors in all) to share the results of the reform of state-owned enterprises involved in the specific way The basic theoretical foundation, and our main form of equity incentives in the implementation of the major problems encountered and solutions proposed.
Key Word: Property Rights;Equity incentive;Human property rights theory,;Stock Options, Employee Stock Ownership Plan
