On The Consummation Of The Joint-stock Enterprise's Incentive System In China

In the last few years, the Joint-stock enterprises obtained rapid development in our country .and which is acting the more and more important role in our country's economic life. It has the extremely vital significance to do well the Joint-stock enterprises .How does well to the Joint-stock enterprises? The key thing is that we must complete the work well to the most precious resources - person's incentive work. Recently, though most of the Joint-stock enterprises in our country have established basically the corresponding incentive mechanism, because of its short practical time, the work was done to this aspect also by far to be generally insufficient, there still exist much space that can be improved and enhanced. Based on the above understanding, the Author gives a detail analysis on how to improve the incentive systems of the joint-stock enterprises .Apart from the preface, the article is divided into three bulks totally:In the preface, firstly, the author provides a concise overview on the development of joint-stock enterprises in china, and then the author explains the reason why he choice this topic and briefly narrate the necessity to research it. In this part, the author also points out; the article has profited from the domestic and foreign correlation research results, look the agent theory, the human capital theory and the enterprises'incentive theory as the article's theory basis. Secondly, the author also has carried on the limits to the Joint-stock enterprises and enterprise's incentive system connotation.In the first part, the author analyzes exhaustively the problems, which exist in the joint-stock enterprises'incentive mechanism. And also analyzes the causes of such problems. The inadequacies of incentive mechanism in our country's joint-stock enterprises performance in: first, the stockholder's rights structure is unreasonable, is unable to protect the Medium and small shareholder's rights and interests; second, the operators'reward in the enterprises is lower, existence zero reward phenomenon; third, the enterprises'incentive form is very monotonous, the persistent effect incentive measure is insufficient; fourth, it is still necessary to consummate the enterprise's welfare guarantee system .The reasons which lead to the above phenomenon mainly lie in three aspects : the first reason is that our country's joint-stock enterprises just at its initial stage of development , has some problems to be unavoidable; the second reason is that the traditional management procedure of china also have the influence to the joint-stock enterprise's operation ; the third reason is that it is concerns with our country's lower productive forces level...