华东师范大学学报(哲学社会科学版) ›› 2002, Vol. 34 ›› Issue (2): 105-109, 124.doi: 10.16382/j.cnki.1000-5579.2002.02.016

• 经济 金融 • 上一篇    下一篇

替代性约束: 公司激励政策有效性前提分析

李立新, 金润圭   

  • 收稿日期:2001-11-20 出版日期:2002-03-01 发布日期:2025-12-19

An Analysis of Effectiveness of a Company's Encouraging Policy

Li-xin LI, Run-kui JIN   

  • Received:2001-11-20 Online:2002-03-01 Published:2025-12-19

摘要:

激励与约束是现代公司治理所要解决的两大问题, 但在现有的企业组织理论研究中, 一般只注重激励, 而忽视约束的作用。替代性约束作为所有约束的根本与归宿, 不仅是市场经济设计的基础, 而且能使激励政策更加完备。可信的替代约束也能成为一种激励。产权的人格化则能使替代机制变得更为可信, 既能激励具有经营决策权的人在职学习以获取企业家素质, 又能使真正的企业家替代能力缺欠但掌握经营决策权的人, 从而使公司激励政策实施具有高效的环境基础。

关键词: 激励, 替代性约束, 产权

Abstract:

Encouragement and restraint are two main aspects in a modern company. In the theoretical research of organization of a present enterprise, however, encouragement is usually paid much attention, while restraint is taken little notice.In fact, the substitutional restraint as the basis and destination of all restraints is not only the foundation of market economy but also enables an encouraging policy more perfect. The reliable substitutional restraint is also an encouragement. The personification of property rights can make substitutional restraint more reliable. This not only enables a manager to study on his job so as to obtain an entrepreneur s qualities, but also enables a qualified entrepreneur to take the place of a person who has a right of decision - making but lacks abilities, thus making a encouraging policy more effective.

Key words: encouragement, substitutional restraint, property right