本文通过建立公司高层人员的行为选择模型,分析公司高层人员行为选择问题。研究表明,行为选择模型存在确定的解,公司高层人员可以将个人禀性资源确定地分配于“道德风险”和“努力工作”两方面;固定职务报酬收益与公司高层人员行为选择无关;在不考虑融资成本情况下,存在一个最佳的“公司股权分散度”。 This article through the establishment of the company’s senior staff behavior selection model, the analysis of corporate executives behavior choice. The research shows that there is a definite solution to the behavioral choice model. The senior staff of a company can definitely allocate their personal resources to two aspects of “moral hazard” and “hard work”; the return of fixed service remuneration has nothing to do with the choice of company executives; In the case of financing costs, there is an optimal “degree of corporate dispersion”.