INFLUENCING FACTORS OF MANAGERIAL OWNERSHIP AND EFFECTIVENESS OF STIMULATION YU Dong-zhi,GU Li-ri(Northeastern finance and economics university,Dalian 116025,China)  contracts of managerial ownership is a pivotal governance mechanism that harmonizes the advantage of management and shareholders. Managerial ownership is very low in PLC of China. It doesn't have efficiency that it should have.PLC does not formulate the most excellent contract amount according to the economics principle. PLC Should formulate amount of managerial ownership according to the principle of modern science (economics, behaviors and management etc), combining circumstance of each enterpriseself.
【Key Words】： Managerial Ownership Corporate Performance Effectiveness of Stimulation Governance Efficiency
【CateGory Index】： F279.21【DOI】： cnki:ISSN:1000-596X.0.2001-09-004