目前高管持股尚存在很多争议,焦点主要集中在高管是否应该持股以及其持股是否能有效降低代理成本等方面。本文结合国内外相关文献,从高管主观动机角度对其增持股票进行研究,以期深入了解高管增持股票的动因,为公司稳定发展提供意见或建议。 At present, there are still many controversial executives holding the main focus is on whether executives should hold shares and whether their holdings can effectively reduce agency costs and so on. In this paper, the relevant literature at home and abroad, from the perspective of executives subjective motivation to study its holdings of stock, with a view to gain insight into the motivation for executives to increase their holdings of stock, provide advice or suggestions for the company’s stable development.