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| Author: | Li, Yao Chen, Guanjun |
| Title: | Innovation of enterprise system-research on worker share-holding plan inside the staff and workers (original in Chinese) |
| Journal: | Study of Finance and Economics (c)
1999 : 8, p.25-30 |
| Index terms: | SHARE INCENTIVE SCHEMES INNOVATION COMPANIES CHINA |
| Language: | chn |
| Abstract: | In the reform of enterprises and company system, worker share-holding system enables the staff and workers to become not only labors, but also the owner of enterprise property. This kind of double-status forms a new type of public ownership. The worker share-holding system of the current listed companies has developed into a measure of short-holding system of the current listed companies has developed into a measure of short-term welfare, compared with ESOP of western enterprises which puts emphasis on the welfare of the stuff and is a long-term welfare. Therefore, the real goal of our designing this system is to provide the staff and workers long-term prompting system enhance the enterprises' efficiency. |
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