摘要
无论从经济后果还是从信息相关性的角度来看 ,人力资本计量的重心是其价值而非它的成本 ;人力资本计量的对象是经理层和关键的技术骨干 ,而不是全体员工。股票期权之所以成为一种普遍的激励方式 ,关键在于通过资本市场可以动态地反映出人力资本的价值。股票期权只有具备企业产权制度安排的特征时 ,才能有效地发挥它的激励功能。
The core in the measurement of human capital is the value rather than the costs, judging from either its consequences or its information relevance. The object of human capital measurement is the management and key technical personnel instead of the whole staff. The key for stock option to become a popular incentive is that the value of human capital is dynamically reflected through capital market. Stock option can effectively realize its stimulating function only when is takes on the properties of enterprise ownership. The issue of incentives in state owned enterprises is also addressed.
出处
《山西财经大学学报》
北大核心
2002年第2期70-72,共3页
Journal of Shanxi University of Finance and Economics
