Promotion of Stock Index Option Market to Stock Index Futures Market : Evidence from Korea 股指期权对股指期货的促进作用:来自韩国的证据
It proposes a new method to solve the problem of actualizing executive stock option in the capital market of weak-form efficiency in China, that is index Asia option. 本文论述了经营者股票期权的原理与功能以及在我国实施的难点,针对我国现状,提出了用指数化亚式期权来解决我国资本市场弱有效性对实行股票期权制的影响问题。
In allusion to the limitation of traditional stock option, a few academicians removes the effects of market and industry noise on option incentive contract through the link of the exercise price of option incentive contract and some index. 针对传统股票期权激励契约的缺陷,一些学者把期权激励契约的执行价格和一些指数相联系起来,消除了部分市场水平噪音对期权激励契约的影响。