基于声誉理论的我国经理人动态激励模型研究

Abstract

Abstract: Based on reputation theory,a model of optimal dynamic incentive contract,which combines reputation mechanism with explicit incentive mechanism for managers,is established.Conditions of achieving effective reputation incentive and ways to enhancing incentive effect are pointed out.Furthermore,this model is compared with a model of explicit incentive contract without reputation mechanism and its rationality is validated by an example.Last,suggestions about how to bring reputation mechanism into play for motivating managers of China are made.

Key words: reputation mechanism, explicit incentive mechanism, the model of optimal dynamic contract, managers

CLC Number:

F272

LIU Hui-ping, ZHANG Shi-ying. A Study on the Dynamic Incentive Model of Chinese Managers Based on Reputation Theory[J]. Chinese Journal of Management Science, 2005, (4): 78-86.

References

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A Study on the Dynamic Incentive Model of Chinese Managers Based on Reputation Theory

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