Stock option as a long-term inspiration mechanism, is proved to be a effective mechanism to solve conflicts between consigner and attorney that arose from separation of management and possession.
The separation of ownership and control of corporations lies on system for corporate asset, limited liabilities of stockholders and the system of stock market which equity exchange is free.
股份制企业的所有权与控制权分离源于股份制企业制度下的企业法人资产制度和股权自由交易的股票市场制度。
3
With the separation of ownership and management, many enterprises pay a lot for the agency cost. For this, stock incentive is considered to be a good method to decrease the cost.