人力资本所有者

人力资本所有者的行为受到契约的影响。

The behavior of human capital is influenced by the contract .

发展趋势：人力资本所有者拥有企业所有权

A Development Trend : Human Capital Holding the Ownership of Enterprises

物质资本所有者购买人力资本所有者所支付的价值相当于期权的权利金，可以使用Black-Scholes期权定价模型对企业家型人力资本进行定量计算。

When the owner of material capital pays for the HC , the value is as equal as the option premium . We can account Human Capital of the entrepreneur by using Black-Scholes Model of option pricing .

人力资本所有者参与公司治理的法律思考

Legal Thoughts on Participation of the Proprietors of Human Capital in Corporate Governance

人力资本所有者财务职能初探

On the Finance Function of the Human Capital Owner

事务所的收益分配主要是在人力资本所有者与非人力资本所有者之间进行。

In the accounting firms income is allocated between human capital and financial capital .

人力资本所有者是企业经营风险的重要承担者。

The owners of the human capital are the important risk-takers of the firm .

不同层次的人力资本所有者获得薪酬（人力资本成本）的标准不同。

Different levels of human capital owners receive different compensation ( human capital costs ) .

管理层收购：实现人力资本所有者拥有企业所有权的有效途径

MBO : A Valid Path to Make the Human Capital Own the Ownership of the Firm

劳动者持股机制允许人力资本所有者的自由进入与适时退出，同时对企业内部的劳动者来说他们有自己选择持股与否的自由。

For the inner labor , they have rights to choose to be a stock-holder or not .

分享型激励具有整合人力资本所有者与非人力资本所有者利益的功能。

Sharing incentive has function which can combine human capital owner 's benefits with non-human capital owner 's.

此时人力资本所有者的决策集为{工作，等待}。

At this point , the owner of human capital decision-making set is { job , waiting } .

在对人力资本所有者的激励与约束上，动态股权制是一种较为理想的产权安排。

Discovers the DSS is an ideal property right arrangement on inspiriting and restricting human capital owner by comparing .

第三章人力资本所有者参与公司治理理论基础。

The third chapter , the theoretical basis of participation of the proprietors of human capital in corporate governance .

人力资本所有者对企业剩余的分享比例取决于人力资本的自身属性以及社会制度环境。

The proportion shared by the owners of the human capital depends on their attributes and the social institutional conditions .

现行会计的这种做法极大地打击了人力资本所有者的积极性。

This kind of method of the current accountant 's has attacked the enthusiasm of the capital owner of manpower greatly .

文章通过比较分析，认为：动态股权制在对企业人力资本所有者的激励与约束上是一种较为理想的产权安排。

By comparing consider that Dynamic Sharing System is an ideal property right arrangement on inspiriting and restricting human capital owner .

近几年，学术界围绕非人力资本所有者拥有企业所有权，还是人力资本所有者拥有企业所有权的问题展开了激烈的讨论。

Human capital holding the ownership of enterprises or non-human capital holding the ownership of enterprises is discussed by many people .

在资本所有者与人力资本所有者共同拥有企业所有权时，人力资本所有者的敲竹杠行为相对弱化；

When capital owner possesses enterprise together with human capital owner , the human capital owner 's fleece behavior relatively reduces ;

其结论是随着生产力的发展，人力资本所有者对剩余收益的分享比例不断上升。

The conclusion is that human capital owners will enjoy an increasing proportion of surplus income with the development of productivity .

其次，界定相关概念并对支持人力资本所有者分享剩余的理论进行阐述。

Secondly , defines the relative conceptions and analyzes the theories supporting the human capital owners participating in the enterprise surplus returns .

随着新企业的发展，控制权的配置处处彰显出人力资本所有者和各相关利益者在公司治理中的重要地位。

With the development of new enterprises , the allocation of control showed everywhere the importance of human resources and stakeholders in corporate governance .

利益相关者理论在第二章中得以论述，并具体谈到了人力资本所有者参与公司治理的理论基础。

The theory of stakeholders is described in chapter two , and concrete to mention the theory of human capital owner participates in corporate governance .

探讨企业治理结构中权利主体安排的合理性，确立人力资本所有者与物质资本所有者相结合的复合财务主体，即利益相关者财务。

Through discussing the rationality of corporate governance , it advances stakeholder 's finance that is constituted of human capital owners and substance capital owners .

实行知识与权力的匹配，让专用性人力资本所有者拥有企业决策权和剩余索取权；

The corporation should exert the matching of knowledge and power so as to make the specific human capital owners hold decision-making power and residual manipulation ;

有效率的企业必须是一个人力资本所有者与非人力资本所有者共同享有所有权的企业。

So , the manpower capital must exert its own function in the cooperation of its holders and the enterprise must pay attention to manpower capital .

介绍了企业资本的构成及融资方式，对不同融资方式下人力资本所有者的行为进行了分析。

This paper introduces the capital structure and financing forms of enterprises , and analyses the behaviors of the owners of manpower capital in different financing forms .

通过比较，本文认为，由非人力资本所有者和人力资本所有者共同拥有企业所有权是最优的。

By comparison , this article concludes that it is first-best for the owners of human capital and non human capital to hold the firm ownership jointly .

现代财务理论、管理学以及产权经济学理论等为研究人力资本所有者财务奠定了坚实的理论基础。

The modern financial theory fundamentals , management study and property right economic theory have set up the fundamental for the finance of human resources capital owners .

企业制度亟待创新，以保障人力资本所有者应有的权益，从根本上促进企业的高效率经营。

The innovation of enterprises ' systems should be carried out earnestly so as to protect the rights of the human capital owners that they deserve to have .