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激励约束机制是现代企业制度的重内容。高效的激励约束机制能使企业中物的要素与人的要素更好地结合起来,因此,建立高效的激励约束机制是企业活力和效益的闸门,也是衡量我国国企改革成效的重要标志。 激励约束问题的本质是一个信息问题,起源于两权分离后企业家职能的分解造成的信息不对称。两权分离后,经营者的目标函数与所有者虽高度正相关,但毕竟有差距,甚至完全背离,经营者相对所有者而言具有信息优势,便于采取各种对己有利却有悖所有者意愿的机会主义行为而不易被察觉和监督。为了实现所有者与经营者目标
Incentive and restraint mechanism is the heavy content of modern enterprise system. Efficient incentive and restraint mechanism can better integrate the elements of the enterprise and human factors. Therefore, setting up an efficient incentive and restraint mechanism is the gate of the enterprise's vitality and efficiency and also an important indicator to measure the effectiveness of the reform of state-owned enterprises in our country. The essence of incentive and restraint problem is an information problem, which originated from asymmetric information caused by the decomposition of entrepreneurship after the separation of two rights. After the separation of the two rights, the objective function of the operator is highly correlated with the owner, but after all, there is a gap or even complete deviation. The operator has the information superiority to the owner, Willful opportunistic behavior is not easily perceived and monitored. In order to achieve the owner and manager goals