实行股票期权制度而阻碍公司发展甚至导致破产的,不是因为股票期权制度本身,而是因为其设计和执行时存在着缺陷——国有企业的薪酬制度眼下正饱受着社会各界的抨击。就固企高管的薪酬而言,在中国内地股市全流通渐次推进之时,股票期权的激励与否也成了业界和学界竞相探讨的一个热点话题。股票期权作为一种激励制度,曾经对西方发达国家公司的发展起到了非常明显的推动作用。特别是20世纪80年代以后,美国股市的日益活跃以 It is not because of the stock option system itself, but because of the flaws in its design and execution that the implementation of the stock option system that hindered the development of the company and even led to bankruptcy - the pay system of state-owned enterprises is now being attacked by all sectors of society. As far as the remuneration of senior executives in solid-state enterprises is concerned, the incentive or not of stock options has become a hot topic for the industry and academia to discuss at a time when the circulation of the stock market in mainland China is gradually advancing. As an incentive system, stock options played a very significant role in promoting the development of western developed countries. Especially after the 1980s, the U.S. stock market is increasingly active