Since 80's in last century, the stock ownership incentive has already been applied proverbially in the listed companies of our country, and obtained certain results.
股权激励自上世纪80年代以来，在我国上市公司中已得到了较为广泛的应用，并取得了一定的成效。
Stock ownership incentive is an incentive measure on resolving the problem of agency cost in case of the "Separation of Ownership and Control"of modern corporations.
股权激励是现代企业在所有权和经营权相分离的情况下，解决委托代理成本问题的一种激励措施。
So, they don't have the powerful incentive that stock ownership provides to make sure they run the company well over the long run.
所以，他们缺乏一个企业股东应该拥有的保证企业长期健康经营的足够动力。
应用推荐