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管理层激励对内部资本市场配置效率的影响 被引量:5

The Impact of Managerial Incentive on Allocative Efficiency of Internal Capital Market
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摘要 目前,我国多元化企业内部资本市场效率低下,管理失控,治理结构不健全,管理层激励方式单一,内部资本市场运作理论体系不健全。对管理层激励对内部资本市场配置效率的影响机制进行分析,从提高内部资本市场效率的层面系统研究我国上市公司管理层激励理论,构建管理层激励和内部资本市场效率的关系模型,对于建立和完善我国内部资本市场资本配置体系,调节和管理企业集团内部不同利益主体的资本需求、促进企业集团健康发展具有重要的理论意义和实践意义。 At present, diversified companies face the inefficiency of internal capital markets, imperfectness of governance structure , simplification of managerial incentive and imperfectness of the theoretical system of internal capital markets in our country. The analysis of impact of managerial incentive on allocative efficiency of internal capital market, and systematic study on internal capital market efficiency from the level of raising China's listed company theory of motivation to construct the relational mode of managerial incentive and internal capital market efficiency have important theoretical and practical significance on establishing and improving China's capital alloeative system of the internal capital market, regulating and managing the capital requirements of different interests main body within enterprise groups to promote the healthy development of enterprise groups.
作者 安杰 蒋艳霞
出处 《商业研究》 CSSCI 北大核心 2010年第4期16-20,共5页 Commercial Research
基金 国家自然科学基金项目<内部资本市场运作 配置效率与盈余质量> 项目编号:70872106
关键词 内部资本市场 管理层激励 影响机制 internal capital market managerial incentive influence mechanism
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