Restricted Stock

This thesis compare executive stock option and restricted stock from the perspective of behavioral factors.

本文从行为因素的角度对期权和限制性股票的长期激励效果进行比较,发现期权在三个方面表现不如限制性股票,一是对期权的成本被激励对象会比激励者考虑的更大;二是期权失去了股票分红所产生的长期激励效果;三是期权的行权价的存在使被激励对象和激励者之间的正互惠关系丧失。

The author uses agency-by-mandate model,and taking stockholders as risk neutral and managers as risk averse,analyzes the encouragement effect of two means of stock ownership encouragement,restricted stock and stock option.

笔者采用委托代理模型,以股东为风险中性、经理人为风险厌恶为基本假设,分析了限制性股票和股票期权两种股权激励形式的激励作用。

The Comparison between Executive Stock Option and Restricted Stock on Behavioral Factors;

期权和限制性股票的行为因素比较分析

Analysis of the Effect of Price Limits on Stock Liquidity;

涨跌幅限制对股票流动性的影响分析

Impact of Price Limits on Stock Market Volatility;

涨跌幅限制对股票市场波动性的影响

The Influence of Price Limit Mechanism on Price Fluctuation and Market Liquidity

价格限制机制对股票价格波动及流动性的影响

The Factor Analysis of Frequently Price-imit-hits;

影响股票达到涨跌幅限制的因素分析

Empirical research on the measure of abolishing the IPO P/E ratio limit of 15;

取消股票发行市盈率限制的实证研究

Short-selling Constraints in US and Hong Kong

美国、香港证券市场限制股票卖空浅析

Artificial Stock Market Model Based on Bounded Rational Agent;

基于有限理性Agent的人工股票市场模型

"In 1993, Tsingtao Beer Stock Company was reorganized into a stock company and issued H stocks and a stocks respectively in Hong Kong and Shanghai."

1993年改制为股份有限公司,并在香港和上海上市发行H股和a股股票。

Grey Pricing of Stock Based on Bounded Rationality and the Anomalies of Stock Market;

基于有限理性的股票灰色定价与股票市场非有效性现象

A Preliminary Study about the Nature of Stocks and the Situation of Stockholders Right of the Enterprises in Westernization Movement;

近代洋务股份制企业股票性质与股权状况

The Essentiality,Limitations,Orientation of Government Regulation of Stock Market;

论股票市场政府监管的必要性、局限性及其定位

The Pareto-efficiency of Price Limit in Stock Market

股票价格涨跌幅限制的帕雷托效率分析

Limitations of Implementing the Incentive Mechanism of Stock Optionto the Managers of State-owned Enterprises;

国企经营者实施股票期权激励的限制因素分析

On the Obstacles of Introducing Executive Stock Options in China;

我国引入股票期权制存在制度性障碍

On the Evaluation Model of Stock Price Based on Bounded Rationality;

基于有限理性假定的股票基本价值估价模型

A commitment from other major equity-holders to vote their interests in a manner to ensure Board representation for the venture capitalist

其他主要股东承诺投票保护自身利益时应确保风险资本家在董事会的代表性的限制

The Influence of Short-sales Constraints on Stock Return Asymmetry

卖空限制对股票市场收益非对称性的影响——基于上海和香港的实证比较研究