Mbo is a way to fulfill the true value of the enterprises in mature market - economy systems , but it is thought a method to resolve the problems of proprietorship of enterprises and to promote the management in china 成熟市场经济国家的上市公司管理层收购主要是管理层实现企业真实价值的一种方式，而我国当前的上市公司管理层收购则主要还是解决企业产权问题和与之相关的管理层激励问题的一种手段。
In a long term , listed companies get used issuing the stocks and the bonds , only few of them have attempted to utilize , the convertible bonds , which are applied extensively in the western countries 长期以来，上市公司在证券市场上的融资渠道跟于企业普通债券和股票，可转换公司债券鲜为人知，只有为数不多的企业进行尝试。而在成熟市场经济国家，可转换公司债券是得到常规和广泛使用的一种中长期债务。
As a product of mature market economy , the crude oil futures market has the functions as avoiding the price risk and hedging . the wti crude oil contract in nymex and the brent crude oil contract in ipe are two successful examples 作为成熟市场经济的产物,原油期货市场具有规避原油价格风险和套期保值的功能,美国纽约商品交易所的wti合约和英国伦敦商品交易所的brent合约是国际原油期货合约成功的典范。
Trade association , as an important market governance mechanism in mature market economic system , is the bridge of communication between the government and the market , and plays an indispensable role in establishing and maintaining market order and trade 行业协会作为成熟市场经济体制中一种重要的市场治理机制,是沟通政府与市场之间联系的桥梁,对市场秩序和行业发展秩序的建立和维持起到了不可或缺的作用。
Second : the experience of construction of chinese stock market has taught us : ( 1 ) we should choose a market - oriented goal pattern of chinese stock market construction . ( 2 ) when construct chinese stock market we must study successful experience in mature market economic country ; ( 3 ) we should control over the non - marketlizing problem of the stock market efficiently ; ( 4 ) we should steer chinese market procession of economic growth , change system innovation way in time 二、中国股票市场建设的经验教训给我们的启示是：中国股票市场建设必须选择一个符合市场化要求的目标模式;中国股票市场建设必须学习和借鉴成熟市场经济国家发展股票市场的成功经验:股市非市场化问题的恶性循环必须加以有效控制;把握中国市场经济发展进程，在条件成熟时及时转换制度创新力‘式。
Chapter one analyses the origin of the problem of restraint and incentive in the state - owned enterprise . chapter two compares the above - mentioned problems in a worldwide scope , especially in those developed countries . chapter three addresses the situation of the scheme of restraint - incentive in our country ' s enterprises 第二章就高层管理人员约束与激励问题进行了国际比较研究，着重分析了成熟市场经济国家两种典型的约束与激励模式，即美、英模式和德、日模式，试图找到可供借鉴的经验。
The taking this into consideration , then becomes this article . the article divides into four parts . the first part , is about the government income form theory , mainly is makes some theories to this article research the preparation , introduced the government income form and its the choice , as well as standard government income form ; the second part , the government income form international comparison and the model , mainly introduced the mature market economy country government income form and the management aspect success experience and its the multi - our country ' s enlightenment ; the third part , elaborated the government 第一个部分,是关于政府收入形式理论,主要是对本文的研究做一些理论的准备,介绍了政府收入形式及其选择,以及规范的政府收入形式;第二个部分,政府收入形式的国际比较与借鉴,主要介绍了成熟市场经济国家的政府收入形式及管理方面的成功经验及其对我国的启示;第三个部分,论述了政府收入形式结构现状以及形成原因,传统计划经济时期的政府收入形式状况,并对转轨时期中国税费关系的矛盾进行了分析;第四个部分,在前文的研究基础上,提出了规范我国政府收入形式的总体思路与对策建议。
The personal credit system is the important performance of mature market economy and the composing part of market economic system , perfecting personal credit system can make the " social economic life develop healthily , we are not optimistic about today ' s personal credit in our country 个人信用制度是成熟市场经济的重要表现和市场经济体制的有机构成。健全个人信用制度可促进社会经济生活健康发展，我国目前个人信用状况不容乐观，本文力图系统地研究健全我国个人信用制度体系的基本思路，主要步骤和配套对策措施。
With the method of the combination between the theory and the practice as well as the history and the reality , this thesis did some research on the present conditions , the bases of the theory and the thoroughfare of the connection between the two markets , which was based on the experiences of the mature capital market in the foreign countries and combined with the status quo of our country 本文采用理论和实践、历史和现实相结合的研究方法，借鉴国外成熟市场经济国家的经验，并结合我国的现实国情，对我国货币市场与资本市场之间的联通现状、联通的理论依据及具体的联通渠道等问题进行研究。
As one of these mechanisms , esop can solve the agent conflict between the executives and shareholders , and also it can " turn the executive into legal shareholders through stock options " . still the widely applications of this incentive tool have shown mighty life - force in developed market country . to achieve a good incentive effect , how to design the program is very important 经理股票期权计划便是这种在市场经济体制下激励与约束机制的典型代表，它既可以解决经营者和股东之间因目标不一致所出现的代理问题，还可以“通过股权的形式形成合法的所有者” ，并且这一激励方式在成熟市场经济国家中的广泛应用也显示了其强大的生命力。
