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CN 11-3979/C
CAO Hui, XU Cong-wei, WANG Xiao-li. A Design of Managers' Incentive Mechanism Based on the Theory of Stakeholders[J]. Journal of Beijing University of Aeronautics and Astronautics Social Sciences Edition, 2008, 21(2): 13-16.
Citation: CAO Hui, XU Cong-wei, WANG Xiao-li. A Design of Managers' Incentive Mechanism Based on the Theory of Stakeholders[J]. Journal of Beijing University of Aeronautics and Astronautics Social Sciences Edition, 2008, 21(2): 13-16.
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A Design of Managers' Incentive Mechanism Based on the Theory of Stakeholders

  • School of Economics and Management, Beijing University of Aeronautics and Astronautics, Beijing 100083, China

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  • Received Date: March 21, 2007
  • Published Date: June 24, 2008
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  • The design of managers' incentive mechanism based on the theory of principle-ag ent is liable to make managers protect shareholders' interests at the cost of ot her stakeholders' interests. The article illustrates the importance and essence of stakeholder-based incentive mechanism of managers theoretically. Furthermore , the article establishes a stakeholder-based evaluation index of company perfo rmance, and then designs a managers' incentive mechanism model to benefit Chines e companies.
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    • References (14)
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