exercise n. 1.(精力等的)运用,使用;实行;执行。 2.演习,操练;训练;〔常 pl.〕运动,体操。 3.习题,练习,课程;(声乐、器乐的)练习曲。 4.〔古语〕礼拜;修行。 5.〔pl.〕 〔美国〕典礼,仪式;传统[习惯]做法。 6.学术辩论;(授学位前的)口试。 an exercise book 练习簿。 exercise in mathematics 数学习题。 exercise of the memory 记忆力的锻炼。 graduating exercises 毕业典礼。 gymnastic exercises 体操,健身操。 military exercises 军事演习,军事操练。 opening exercises 开会仪式。 public exercises (音乐等的)公演,大会。 a religions exercise 礼拜。 do one's exercise 做功课。 take exercise 运动。 vt. 1.实行;行使(职权等);使活动,运用;发挥(力量)。 2.练习,训练,操练。 3.使受(影响等)。 4.使烦恼,使操心,使忧虑。 exercise a power 行使权力。 exercise pressure 施加压力。 exercise judgement 运用判断力。 vi. 练习;运动。 be exercised about sth. 为某事担忧[操心]。 exercise oneself in 练习…。
price n. 普赖斯〔姓氏〕。 n. 1.价格,价钱;市价;代价;费用。 2.报酬;悬赏;交换物;〔美俚〕钱;(为取得某物而付出的)牺牲。 3.赌金比率,赌注与赢款的差额。 4.〔古语〕价值,贵重。 prices (of commodities) 商品价格,物价。 a cash price 现金价格。 a cost price 成本价格,原价。 a market price 市价。 a famine price 缺货时的市价。 a fixed [set, settled] price 定价。 a net price 实价。 the price asked 开价,喊价。 a reduced [bargain] price 廉价;有折扣的价格。 the selling price 售价。 the trade price 同行价格。 the wholesale [retail] price 批发[零售]价格。 a stable price 价格稳定。 the price of money 贷款利率;延期日息。 a unit price 单价。 at a price 付很大代价。 at any price 不惜任何代价。 at a fair price 售价公平。 at the price of 拼着…;以…的代价。 beyond [above, without] price 无价的,极贵重的。 fetch a high price 可以卖得高价。 get a good price for 好价卖出。 give a long price for 高价买。 make a price 讨价,开价;定价。 pay a heavy price 付高价。 raise [reduce] a price 涨[减]价。 set [put] a price on sb.'s head [life] 悬赏缉拿某人[悬赏要某人的命]。 set a price (up) on sth. 给某物批上价格。 set high [little, no] price on 重视[不重视]。 What price ...? 〔英俚〕 1. (赛马时走红的马)跑赢的希望怎样? 〔比喻〕你以为怎么样? 有可能…吗? (What price fine weather tomorrow 〔口语〕明天天气会好吗)。 2. …算什么东西? …有什么用处[价值]呢? 〔嘲笑会被吹捧而遭到失败的某事物〕。 vt. 〔口语〕 1.给…定价。 2.问…的价。 3.给…估价。 4.由于要价过高而使…。 price one's goods [oneself] out of market 由于要价过高而失掉销路。
The result of apb opinion 25 is that the grant of stock options having an exercise price equal to the fmv of company stock on the date of grant generally will result in no accounting charge . while statement 123 establishes a " fair value " based method of accounting for stock - based compensation plans 在这些法案中, ( 193年证券法》与( ( 19年证券交易法》对股票期权计划的实施具有较直接的影响,其中,前者规范股票的发行,后者对股票的交易进行管理。
It studied the essential factors of stock option , such as exercising price , exercising period , etc . according to the actual situation of china , the author have designed stock option plans for the cc communication ltd . the author has discovered some problems in the process of design and implement 最后,笔者结合我国的实际情况,运用股票期权设计要素为cc通信股份有限公司设计了股票期权方案。在设计及实施该方案的过程中笔者发现了一些问题,并提出了自己的看法和建议,希望为今后此类问题的研究提供有益的思路。
This paper puts forward suggestions and guide principles to the beneficiaries of stock options on the basis of analyzing american practice ; the magnitude of stock options is the key and the difficult issue , this paper gives a quantitative analysis and presents a human capital stock options quantitative model with the help of the interpretative structural modeling , this is the main innovation of the paper ; at the same time , it offers how to get the biggest motivational effect using the optimum construction of exercise price and magnitude ; lastly , it examines the three stock option plans which have a value to our enterprises exercising stock options . it also discusses the risk about the stock options motivational effect and the paper offers a set of methods to solve the problems 关于对股票期权实施对象的研究,在分析美国实践的基础上对我国期权实施对象提出了明确的建议和指导原则;期权的授予数量是获得最佳激励效果的关键因素和难点所在,本文在总结美国成功实施股票期权企业的实践的基础上,用实际数据和统计分析的方法得出了授予数量的一般规律,然后,用系统工程学中的解释结构模型方法实现了股权分配的量化,这是本论文的一个主要创新点;同时还提出了如何用行权价和授予数量的最佳组合来达到最大可能的激励效果;最后对三种典型的期权计划进行了分析论述,这对我国企业界实行股票期权具有十分重要的参考价值。
First , some legal problems about vesting stock option include who has the right to vest stock option , the range of the employee who can obtained the stock , the amount the stock the corporation vests . second , the legal problems in exercising include the exercising price , the adjusting of the exercising price , the forbidding transference of stock option , the postpone and ending of stock option etc . finally the information disclosure of stock option is also to be discussed 在股票期权的授予方面的立法包括股票期权的授予的主体、受益人范围以及授予数量的确定几方面;股票期权的行权方面的一些法律问题,包括行权价格的确定、行权价格的调整、行权的时机、行权方式以及股票期权的转让、延迟和终止等问题;股票期权的信息披露方面的问题,包括披露的方式与披露的内容等
The share ownership incentive mechanism functions in this way : share ownership incentive - proprietors possess share ownership - proprietors achieve maximum value of enterprise by making great efforts - stock price rises - proprietors obtain share ownership income of the price difference between market price and exercise price 作用机理是:公司通过股票期权制度给受益人(异质型人力资源所有者)提供股票期权激励?受益人努力工作?公司经营业绩提高,股价上升?受益人行权获得收益。
It is aimed at the lack of encouragement over a long time , introduced the stock option into encouragement mechanism , and studied how to choose the encouraged object , how to evaluate performance , how to adjust the exercise price of the stock option and how to confirm proper quantity to donate employees with stock option , etc . chapter 6 conclusion 分析武钢的激励机制,指出企业传统激励机制存在的问题;第五章,股票期权激励方法研究。针对企业长期激励不足,引入股票期权,对激励对象的确定、绩效评估、股票期权执行价格的调整和股票期权赠与数量的确定等方面进行了研究;第六章,结论。
In the forth part , on the bases of the third part , the paper works out the amount of the stock option plan , which is just the amount that a company can grant its beneficiaries during a whole stock option plan ; the amount that a company can grant its beneficiaries one year and the amount that a beneficiary can attain one year . in the fifth part , also the last part , after introducing the method that decides the exercise price in foreign and associating our country ' s conditions , the paper discusses several methods , which fit our company . they are comprehensive price method , cash flow method , simulating listed company ' s price method and asset evaluation method 本论文包括五部分,在第一部分中论述了我国引进股票期权的必要性及股票期权计划的国内外发展状况;第二部分探讨了股票期权计划的理论基础,具体有契约理论、委托代理理论、两要素理论、共同治理理论、风险激励理论;第三部分针对七个期权获受人的工作职责分别设计了七个有定量指标和定性指标构成的个人业绩评价指标体系,并给出了评价标准和评价方法;第四部分则充分利用了第三部分的评价结果,分别确定了公司在一个股票期权计划中可授予股票期权的总量、各年可授予的股票期权数量、个人可获得的股票期权数量;第五部分,也就是最后一部分,在介绍国外行权价格确定方法的基础上,结合我国国情,探讨了适用于我国行权价格确定的各种方法,包括综合价格法、现金流量法、模拟上市公司价格法、资产评估法。
Because only the stock price rises can the management get compensation from the margin between the exercise price and the market price of the stock of the corporation . this article discusses the legal problems of establishing stock option system in our country . this article consists of four parts 股票期权源于西方,在我国是新生事物,甚至在法律上没有得到承认,所以关于股票期权的概念,在我国仍有争议,本文首先将股票期权与期股、员工持股做比较,然后阐述股票期权的特征。