一、前言二十世纪中期,美国菲泽尔公司第一次推行了股权激励计划,在以后的时间里,经过不断地研究与探索,股权激励如今已在全世界范围内得到了推广。股权激励作为一种选择权,首先实现了企业所有员工的长效激励,解决了企业经营者和所有者之间因利益不一致所产生的委托代理问题,另一方面,股 I. Introduction By the middle of the twentieth century, the Fischer Company of the United States implemented the equity incentive plan for the first time. At a later time, after continuous research and exploration, equity incentive has now been promoted all over the world. Equity incentive as an option, first of all to achieve long-term incentive of all employees, to solve the business owners and owners due to inconsistent interests arising from the agency problem, on the other hand,