股票期权只有具备企业产权制度安排的特征时，才能有效地发挥它的激励功能。
Stock options are an effective incentive only when they incorporate the characteristics of enterprise property right system.
根本的矫正措施应当是完善产权制度，健全企业文化，并且对企业年金进行有效的制度安排。
The essential measures to rectify the deviation include perfecting the property right policy, making the enterprise culture healthier, and consummating effective occupational pension system.
产权制度影响企业效率，合理的产权制度安排是建立有效的经济组织和形成有效的公司治理结构的关键。
The property rights affect the efficacy of enterprise. The suitable property rights system is the key to establish an effective governance structure.
产权制度影响企业效率，合理的产权制度安排是建立有效的经济组织和形成有效的公司治理结构的关键。
The property rights affect the efficacy of enterprise. The suitable property rights system is the key to establish an effective governance structure.
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