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1、外文翻译原文TheannualsalarysystembasedontheincentivemechanismonstockoptionsMaterialSource:http://en.wikipedia.org/w/index.php?title=Special:Search&limit=20&offset=20&ns0=1&redirs=0&search=Incentive+mechanismAutheor：samuelsonTheso-calledincentivestockoptionssystem,theintentistogiveentrepreneurst
2、hecompanywithinacertainperiodoftimeinaccordancewiththeestablishedpricetobuyacertainnumberofsharesoftheCompany'srights,madebytheentrepreneursofthecostofequitycapitalmarketsandequitypricesonthepoorFormationofarewardforentrepreneurstoadd.Thisarticlediscussedtheincentivestockoptions,hasaspeci
3、almeaningisthatentrepreneurswillbepaidanannualsalaryinprofitsharinginwholeorinpartintotheformofstockoptionstoachievelong-termincentiveeffect.Incentivestockoptionswillbe"incentivepay"and"ownershipincentives"ingeniouscombinationof,ontheonehandtoentrepreneurs,entrepreneursmakethelong-termbeh
4、aviorandinterestsofsolidaritywiththeinterestsofbusinessownersandentrepreneursmakeabusinessOneoftheowners,havesomeownershipofotherenterprises,atleasthavethefollowingbenefits:First,openacorporateownershipstructure,andstabilitycancontinuetoattractoutstandingmanagementpersonnel;Second,theentr
5、epreneursofthestockoptionsfromincomeProvisionofthesecuritiesmarket,enterprisescanreducetheburdenofpayingcashreward,savealotofworkingcapitaltoenterprisesinthenon-paymentoffundsundertheincentivestoentrepreneurs;Third,canreducetheasymmetricinformation,reduceagencycosts;fourenterprisescanbeco
6、rrectedHomeofshort-sightedmentality,sothatentrepreneursarenotonlyconcernedabouttheenterprise,moreconcernedabouttheirfuture.Incontemporarydevelopedcountries,businessmanager'sremunerationstructureofalargerchangethaneverbefore,tostockoptionsasthemainrewardsystemhasbeenreplacedbyabasicannuals
7、alaryandbonusasthemainstayofthetraditionalpaysystem.Accordingtostatistics,theworld'stop500largeindustrialenterprises,90percentoftheenterpriseshavetheirseniormanagementadoptedastockoptioncompensationsystem,ofcourse,theseenterprisesarejoint-stocklistedcompanies.Atthen
