什么是迪马克尔指标 迪马克尔指标(DMKI)主要用于预测未来股价的变化趋势,适用于中短期波段趋势的预测,并可提供买卖时机;同时,也适用短线操作。 迪马克尔指标的研判法则 1、迪马克尔指标在0.3以下,属超卖,是买入信号。 2、迪马克尔指标在0.7以上,属超买,是卖出信号。 迪马克尔指标参照值:DMKI向上突破:近N日内曾有一日DMKI向上突破某值,如0.3;DMKI向下跌破:近N日内曾有一日DMKI向下跌破某值,如0.7;DMKI连续高于:近N日内RDMKI连续高于某值,如0.7; DMKI连续低于:近N日内DMKI连续低于某值,如0.3。
什么是违反己愿法 违反己愿法是指当你忍不住要卖股票时,赶快填写买进委托书;当你忍不住要买股票时,赶快填写卖出委托书。乍看起来,采取这种违反己愿的买卖法有点不可思议,但实际上对于一般散户而言,却经常能起到转危为安、确保利润的作用。">编辑] 违反己愿法的概述 一般散户最容易受到公众情绪的影响,而做出不够明智的抉择。如在股价下跌后,本来抱定决心不卖的,却由于经不起行情一再疲软的刺激,以及段市投资大众情绪的影响,最终忍不住卖了。结果在你卖掉股票后,行情确上扬了。同理,在股价已涨到很高时,原估计已经到顶了。抱定宗旨不买的,却由于看到股价不断地上升,投资者踊跃,最后忍不住去买进。结果在你买进之后,股价却真的停止上涨,甚至还出现下跌,终于被套牢,使你苦不堪言。因此,违反己愿法不失为减少损失的一种有效手段。">编辑] 违反己愿法的运用 但是,这种投资法说起来容易,做起来却很难,因为既然已经忍不住了,哪里还有悬崖勒马的冷静和理智呢?所以,为了逐步培养这种心理素质,可以先训练自我抑制的方法,初步做到:忍不住要买时,千万别买;忍不住要卖时,于万别求。 相关条目 博傻投资法试探投资法计算人头法消息评估计点法解套谋略 参考文献 ↑ 1.0 1.1 1.2 张建国主编.孙武子实用智谋大全.ISBN:7-5029-2494-9/E892.25;K825.2.气象出版社,1998
什么是部分收购 部分收购是指投资者向全体股东发出收购要约,收购占一家上市公司股份总数一定比例(少于100%)的股份而获得该公司控制权的行为。 目录 1部分收购的特点 2部分收购方式的分类 3部分收购和全面收购 4相关条目 部分收购的特点 1.部分收购是指收购一家上市公司股份或投票权累计达到25%以上,但少于100%的股份或投票权的行为。 2.部分收购分为三个控制档次,即控制权分别累计达到25%以上、50%以上、75%以上,每当达到或超过上述比例时须按收购合并行为处理。 部分收购方式的分类 1.重组按股式收购,即通过参与中国原有企业的重组,收购企业50%以上的股权,以达到控制企业经营管理的目的。 2.增资控股式收购,即在原有中外合资企业的基础上,由外商增资扩股,中国不参加增资,相应降低所持股份,从而使外商由参股变成控股。 3.股票认购式收购,即外商对中国那些同时上市发行A股和B股或H股的公司,通过大量增持B股或H股的方式,达到参股或控股的目的。 部分收购和全面收购 部分收购的目的在于取得目标公司的相对控股权,而全面收购的目的则在于兼并目标公司,前者是控股式收购,后者是兼并式收购。值得一提的是,向目标公司的所有股东发出收购要约,并不等于全面收购,因为部分收购也必须采用这种形式。向所有股票所有人发出收购要约,体现或强调的是目标公司股东的平等待遇原则。如果受要约人承诺售出的股票数量超过了收购人计划购买的数量时,收购要约人还必须按比例从所有承诺人处购买。而全面收购则表明要约人欲收购目标公司所有股份的意图。 另外,全面收购的结果也可能只获得目标公司的达到法定比例的部分股份,这与部分收购只计划收购目标公司的部分股份的情况是不同的。全面收购除当事人自愿进行的以外,多数属于强制收购,当收购人持有目标公司股份达一定比例时,法律强制要求其履行法定的全面收购义务。我国《证券法》第81条规定,通过证券交易所的证券交易,投资者持有一个上市公司已发行的股份的30%时,继续进行收购的,应当依法向该上市公司所有股东发出收购要约。但经国务院证券监督管理机构免除发出要约的除外。 部分收购与全面收购的根本区别在于收购人所获得的目标公司股份数额的不同。根据《深圳市上市公司监管暂行办法》第50 条规定,收购分为部分收购和全面收购两种: (1)部分收购是指收购一家上市公司股份或投票权累计达到25 %以上,但少于100%。 相关条目 全面收购
什么是邱氏曲腰量指标 邱氏曲腰量指标的英文全名是Svolume,简称“SV”,是邱一平先生,根据价涨量增、价跌量缩的原理,取其价量平均不足幅度和超额幅度,计算其差值互补的关后,所研制的量能指标。 根据邱氏曲腰量图表上的S型柱状体凹凸的状态,判断量能位于谷底或峰顶。 邱氏曲腰量指标的研判方法 1、用来判断成交量是否为主动性的量或被动性的量。当出现红柱的同时,此时的股价如果同柱状是同步的,代表此量能是主动性的上涨量能;当出现红柱的同时,此时的股价如果同柱状是背离的,代表此量能是被动性的护盘量能;当出现绿柱的同时,此时的股价如果同柱状是同步的,代表此量能是主动性的杀跌量能;当出现绿柱的同时,此时的股价如果同柱状是背离的,代表此量能是被动性的压盘量能。 2、邱氏曲腰量大于其平均线时,为买进信号。 3、邱氏曲腰量小于其平均线时,为卖出信号。 注意:邱氏曲腰量同邱式量法可以同时配合运用。 以先锋股份(600246)为例,下图是先锋股份的日线图,通过SV图上的红绿柱的递增和递减同股价走势的对应情况,可以清楚的看出该股走势经历如下历程:主动性上拉——被动整理护盘——杀跌——筑底——主动性上拉。圆圈位置所指都是买卖信号位置。
IntroductionThe Dow Jones BRIC 50 Index is designed to serve as the basis for index-linked products, particularly exchange-traded funds (ETFs) and derivatives. The index intends to represent the largest, most liquid stocks of companies in Brazil, Russia, India and the China Offshore region whose shares are available to international investors. The Dow Jones BRIC 50 Index is a composite of four subindexes covering Brazil, Russia, India, and China Offshore.The Dow Jones BRIC 50 Index is constructed by selecting companies from the Dow Jones Total Stock Market country indexes for Brazil, Russia, India and China Offshore. The China Offshore stock selection includes companies whose primary operations are in mainland China but whose stocks trade on the exchanges of Hong Kong and the U.S. Eligible stocks include H shares and ADRs/ADSes and U.S.-listed only stocks.The objective of the Dow Jones BRIC 50 Index is to optimize factors of greatest importance in an investable index; liquidity, turnover rate, transaction costs and tracking error against the broad-market benchmark.Key Features1.base Date and ValueThe base date for The Dow Jones BRIC 50 Index is December 31, 2002, and its base value is 100.2.Index FormulaThe Dow Jones BRIC 50 Index is calculated using Laspeyres’ formula, meaning it measures price changes against a fixed-based-period quantity weight. A detailed explanation of the Laspeyres formula is provided in section 8.2 of the Guide to the Dow Jones Global Indexes.3.Dividend TreatmentThe Dow Jones BRIC 50 Index is calculated in both price-return and total-return forms in U.S. dollars and Euros. Dividend payments are not taken into account in the price index, whereas dividend payments net of taxes are reinvested in the index sample of the total-return index. only extraordinary and special cash dividends are included in the index. Special dividends from non-operating income continue to be included in the index calculation.4.WeightingThe Dow Jones BRIC 50 Index is capitalization-weighted. The float-adjusted shares outstanding for each class of stock are used to determine the company’s market capitalization. Float adjustments are based on the rules in Section 7 of the Guide to the Dow Jones Global Indexes. The weighting of each component is capped at 10% of the index’s total market capitalization at the quarterly updates.5.DisseminationThe index is calculated and disseminated every 15 seconds whenever any of its primary exchanges are open. On exchange holidays, the previous day’s closing price for each affected stock is used for index calculation. If a corporate action becomes effective on an exchange holiday, the adjusted closing price for the previous business day is used.6.Stock PricesThe Dow Jones BRIC 50 Index is computed using the last-traded prices of its components during the official trading hours of its components’ primary exchanges. Index calculation begins when the first official opening component price is received. Until a particular stock opens, its adjusted closing price from the previous day is used in index computation. If trading in a stock is halted during a session, its last-traded price is used in all subsequent index computations until trading resumes. If trading is suspended before the opening, the stock’s adjusted closing price from the previous day is used to calculate the index.7.Input DataReal-time stock prices are provided by Reuters. The latest trading price is used for index calculation.The number of shares is determined separately for each class of stock. This information is obtained from a variety of data vendors. The data is also sourced from the companies themselves.Corporate actions are sourced from public news services, regulatory filings and data vendors. The companies themselves are used as an additional source.Float data is obtained from a variety of sources including data? vendors, exchanges, regulators and the companies themselves8.Computational PrecisionIndex values are available with six decimal precision (note: index values displayed by vendors are rounded to two decimal places). Index divisors are available with up to ten decimal places. Additional precision for index levels and divisors may be maintained internally for index adjustment purposes. Any values derived by the index calculation engine from a corporate action used for the divisor adjustments and index computations are rounded to six decimal places.Index Construction MethodologyStocks are selected within each country based on size and liquidity rankings, subject to buffers, and then are aggregated to create the index.1. Index UniverseThe index selection universe for the Dow Jones BRIC 50 Index comprises all components of the Dow Jones Total Stock Market country indexes covering Brazil, Russia, India and China Offshore. The China Offshore stocks include all H shares, ADRs/ADSes and U.S.-listed shares.In the Brazil, Russia, India and China Offshore markets, eligible securities are screened for liquidity. Any security that had more than 10 non-trading days over the past quarter is excluded, unless the lack of trading is due to a situation that is determined to be temporary. The remaining companies are then ranked by float-adjusted market capitalization to represent more accurately the investable size of each security. Stocks in the top 95% of the underlying float-adjusted market capitalization are then selected as components of the underlying indexes that form the universe for the Dow Jones BRIC 50 Index, skipping stocks that fall in the bottom 1% of the universe by float-adjusted market capitalization and in the bottom 0.01% of the universe by turnover.2.Initial Component SelectionThe selection of the initial index components includes the following steps:1). The largest 30 stocks in each country Index (10 for Russia) are ranked by float-adjusted market capitalization. For companies with more than one common share class inthe universe, only the most liquid share class is eligiblefor the index.2). Those 30 stocks (10 for Russia) are then ranked by average U.S.-Dollar trading volume over the three months prior to the selection date.3). A final ranking for each country is calculated by equally weighting the market capitalization and volume ranks.4). The 15 top-ranked stocks (5 for Russia) on each country’s selection list are included in the index.5). The maximum weight of any component is capped at 10%. If necessary, a cap weighting factor is calculated for the stock and applied on the index review date. Between reviews, component weights are free to fluctuate due to changes in market prices. Caps are not adjusted or created to reflect share increases or changes due to price increases between reviews.Periodic Review1.Annual Review ProcessThe annual review process includes the following steps:1). Repeat steps one and two in Section 3.2 of the Initial Component Selection.2). A final ranking for each country is calculated by equally weighting the market capitalization and volume ranks.3). All current components ranked in the top 20 (7 for Russia) are retained in the index, by selecting current components first and then moving to non-components, subject to the following buffer rules:All non-components ranked in the top 10 (3 for Russia) are added to the index.If the component count following the buffer additions is less? than 15 (5 for Russia), companies are added to the country’s segment until the count reaches its target. If the count would be more than 15 (5 for Russia), companies are removed, starting with the lowest ranked stock until the target is reached.2.Quarterly Update ProcessThe component shares outstanding and free-float factors are reviewed quarterly to coincide with the review of the Dow Jones Global Indexes. The weighting of each component is capped at 10% of the index’s total market capitalization at each quarterly update, if necessary.3.Announcement PeriodComponent changes as a result of the annual review are announced after the close of trading on the second Friday in September and take effect at the open of trading on the next business day following the third Friday in September. Changes to a component’s shares, free-float factors and 10%-cap factors as a result of the quarterly updates are implemented after the closing values have been established on the third Friday in March, June, September and December, and are effective at the open of the next trading day.4.Implementation DateComponent changes as a result of the annual review are implemented after the official closing values have been established on the third Friday in September and are effective at the open of the next trading day. Changes to a component’s shares, free-float factors and 10%-cap factors as a result of the quarterly updates are implemented after the closing values have been established on the third Friday in March, June, September and December, and are effective at the open of the next trading day.Index MaintenanceIn addition to the scheduled annual review, the Dow Jones BRIC 50 Index is reviewed on an ongoing basis. A change to the index composition and a related weight adjustment is necessary whenever there is an extraordinary event (e.g. delisting, bankruptcy, merger, takeover, etc.) involving an index component. In these cases, each event is accounted for as soon as it is effective. Such changes in an index’s components are announced, whenever possible, two days prior to their implementation. Divisor adjustments are made using the formulas and procedures described in Section 8.3 of the Guide to the Dow Jones Global Indexes. The current index divisors are updated daily and disseminated at www.djindexes.com.1.Changes of Primary-Market ListingIn the event that a component company’s primary-market listing is moved to an ineligible exchange as defined in Section 3.1, the company will be removed from the Dow Jones BRIC 50 Index.2.Monthly Selection ListA selection list is created at the end of each month and upon a listing of any eligible large IPO. The selection list comprises the top 30 companies (10 for Russia) in the Dow Jones China Offshore Index and the Brazil, Russia and India country indexes based on float-adjusted market capitalization. The list indicates possible changes in the composition of the index at the next annual review and is used to determine replacements for stocks that are removed from the index due to mergers, financial distress or similar extraordinary events.3.Early RemovalAny company that is removed from the Dow Jones China Offshore Index or the Brazil, Russia or India DJGI index that is also a component of the Dow Jones BRIC 50 Index is automatically removed from that index at the same time.4.Spinoffs and Related RestructuringsIf an index constituent is restructured into two or more new companies, the largest new company in terms of market capitalization will be included in the index immediately after the close of trading on the day the restructuring becomes effective, providing it otherwise would be eligible for index membership. If the restructuring involves an index constituent spinning off a portion of its business to form a new company or companies, the parent company, if otherwise eligible for index membership, generally will be retained in the index until the next annual review. However, there may be situations where a spinoff, due to its size, may be retained in an index instead of the legally surviving parent company.5.MergersIf an index constituent merges with another company, component or non-component, its index membership will be assumed by the new company immediately after the close of trading on the effective date of the merger, providing the new company also qualifies for the index. If both companies are current index components, the top-ranked non-component from the most current selection list will fill the vacancy created by the merger.6.TakeoversIf an index component is taken over by another component company, the former will be removed from the index immediately after the close of trading on the day the takeover becomes effective. The replacement will be the highest ranked non-component from the most recent available selection list. If an index component is taken over by a non-component company, the acquiring company will replace its position in the index, provided the acquiring company meets all eligibility criteria. Otherwise, the highest ranking non-component from the most recent available selection list will be selected as the replacement.7.Delisting and BankruptcyIf an index constituent is delisted by its primary market or is in bankruptcy proceedings, it will be removed from the index immediately. It will be replaced by the highest-ranking non-component from the most recent available selection list.Data Correction PolicyTo maintain a high standard of data integrity, a series of procedures have been implemented to ensure accuracy, timeliness and consistency. Input prices are monitored using a variety of computerized range-check warning systems for both ticker-plant and real-time index systems. Fault tolerant methods are employed in the collection of market and corporate action data. Various verification and audit tasks are performed to ensure the quality of the real-time data feeds and related market data.While significant efforts are taken to ensure the accuracy of the information used for the index calculation, an index error may occur due to incorrect or missing data, including trading prices, exchange rates, shares outstanding and corporate actions, operational errors or other reasons.前十名成份股资料摘要
什么是速度线 同扇形原理考虑的问题一样,速度线也是用以判断趋势是否将要反转的。不过,速度线给出的是固定的直线,而扇形原理中的直线是随着股价的变动而变动的。另外,速度线又具有一些百分比线的思想。它是将每个上升或下降的幅度分成三等分进行处理,所以,有时,我们又把速度线称为三分法。 与别的切线不同,速度线有可能随时变动,一旦有了新高或新低,则速度线将随之发生变动,尤其是新高和新低离原来的高点低点相距很近时,更是如此,原来的速度线可以说一点用也没有。 速度线一经被突破,其原来的支撑线和压力线的作用将相变换位置,这也是符合支撑线和压力线的一般规律的。 速度线的画法 1、找到一个上升或下降过程的最高点和最低点(这一点同百分比线相同),然后,将高点和低点的垂直距离三等分。 2、连接高点(在下降趋势中)与0.33分界点和0.67分界点,或低点(在上升趋势中)与0.33和0.67分界点,得到两条直线。这两条直线就是速度线 速度线的基本思想(应用) 速度线最为重要的功能是判断一个趋势是被暂时突破还是长久突破(转势)。 其基本的思想叙述如下: 1、在上升趋势的调整之中,如果向下折返的程度突破了位于上方0.67的速度线,则股价将试探下方的0.33速度线。如果速度线被突破,则股价将一泻而下,预示这一轮上升的结束,也就是转势。 2、在下降趋势的调整中,如果向上反弹的程度突破了位于下方的0.67速度线,则股价将试探上方的0.33速度线。如果0.33速度线被突破,则股价将一路上行,标志这一轮下降的结束,股价进入上升趋势。
什么是钱德动量摆动指标 钱德动量摆动指标(CMO)是由图莎尔·钱德发明的,与其他动量指标摆动指标如相对强弱指标(RSI)和随机指标(KDJ)不同,钱德动量指标在计算公式的分子中采用上涨日和下跌日的数据。 钱德动量摆动指标计算公式 CMO = (Su - Sd) * 100 / (Su + Sd) 其中:Su是今日收盘价与昨日收盘价(上涨日)差值加总。若当日下跌,则增加值为0;Sd是今日收盘价与做日收盘价(下跌日)差值的绝对值加总。若当日上涨,则增加值为0; 钱德动量摆动指标用法 1、当CMO大于50时,处于超买状态;当CMO小于50时处于超卖状态。 2、CMO的绝对值日越高,趋势越强。较低的CMO绝对值(0附近)标示标的证券在水平方向波动。 3、投资者还可利用CMO衡量趋势强度的能力来改进趋势跟踪机制。例如当CMO的绝对值较高时仅根据趋势跟踪指标来操作;当COM的绝对值较低时转而采用交易范围指标。
金色降落伞概述 金色降落伞(Golden Parachute,又译黄金降落伞),是按照聘用合同中公司控制权变动条款对高层管理人员进行补偿的规定,最早产生在美国。“金色”意指补偿丰厚,“降落伞”意指高管可规避公司控制权变动带来的冲击而实现平稳过渡。这种让收购者“大出血”的策略,属于反收购的“毒丸计划”之一。其原理可扩大适用到经营者各种原因的退职补偿。 金色降落伞规定在目标公司被收购的情况下,公司高层管理人员无论是主动还是被迫离开公司,都可以得到一笔巨额安置补偿费用,金额高的会达到数千万甚至数亿美元,因此使收购方的收购成本增加,成为抵御恶意收购的一种防御措施。但其弊端是,巨额补偿有可能诱导管理层低价出售企业。 我国对企业经营者退出机制向来重视不够,导致有些经营者行将退职时心理失衡,不惜侵占公司财产,上演了一幕又一幕悲剧,故可大胆吸收“金色降落伞”制度的精髓。“金色降落伞”(针对退职)与金手铐(针对股权)、金阶梯(针对职业成长)并称“三金”,主要适用于核心管理团队、特别是企业家阶层,具有程序严、弹性大、价值高等特点。 目录 1 金色降落伞与企业人力管理 2相关条目 金色降落伞与企业人力管理 在我国,对于企业经营者的激励问题一直未能得到很好的解决,这实际上反映出现行的激励机制滞后,经营者的价值得不到应有的承认。有学者称“我们有天下最便宜的企业家-工资福利最低,同时我们又有天下最昂贵的企业制度-大量亏损”。据有关调查报告显示,企业经营者的人均月收入达到1万元上只占到32%,并且与国家统计局公布的职工人均收入比较一下,发现前者只是后者的3-4倍。并且相当多的企业经营者都否认自己的收入水平与经营业绩关系密切,因此这就间接导致了有些企业领导者在行将退休时心理失衡,贪污受贿,腐败坠落等现象的出现,就像有学者说的“如果经营者感到贡献没有得到应有的收入满足的话,就会想办法从歪路子拿钱”。 因此如何解决这些“元老问题”是目前企业普遍所关注的重点,有人提议可尝试通过引入“金色降落伞”计划来解决目前企业经营者激励与约束问题,因为此方式不仅有利于我国企业“元老问题”的解决,还可以从根本上讲还有利于完善企业治理机制,使我国企业治理机制与国际上先进的管理制度与方式进行有机的接合。 “金色降落伞”指的是雇用合同中按照公司控制权变动条款,对失去工作中的管理人员进行补偿的分离规定。一般来说,员工被迫离职时(不是由于自身的工作原因)可得到一大笔离职金。它能够促使管理层接受可以为股东带来利益的公司控制权变动,从而减少管理层与股东之间因此产生的利益冲突,以及管理层为抵制这种变动造成的交易成本。“金色”意味着补偿是丰厚的,“降落伞”则意味着高管可以在并购的变动中平稳过渡。由于这种策略势必让收购者“大出血”,因此也被看作是反收购的利器之一。“金色降落伞”在西方国家主要应用在收购兼并中对被解雇的高层管理人员的补偿,在我国则主要想让其在解决我国企业的元老历史贡献的历史遗留问题上发挥作用。金色降落伞计划的大多数运用则是指为了让员工年纪大了以后,不用“铤而走险”,出现“59岁现象”,而制定这种制度来消除或弥补企业高层管理人员退休前后物质利益和心理角色的巨大落差。“降落伞”通常分金、银、锡三种,对高级管理者为金色降落伞,对于中层管理者为银色降落伞,对于一般员工为锡色降落伞。例如山东阿胶集团就成功实行了“金色降落伞”计划,把部分参与创业但已不能适应企业发展要求的高层领导人进行了妥善的安排,达到了企业和个人的双赢。 在美国,金色降落伞规定出现以前,许多公司被收购以后,其高管人员通常会在很短时间内被“踢”出公司,辛苦奋斗换来如此结果,让人于心难忍。于是一种旨在保护目标公司高管人员的规定,即“金色降落伞”应运而生。但是随着商业的发展,新增案例不断出现,金色降落伞的弊端时有暴露。由于高管层得到的经济补偿有时可达到一个天文数字,因此这种补偿反而可能成为高管层急于出售公司的动机,甚至是以很低的价格出售。如果是这样,很显然,股东的利益就将遭受极大的损害。因此这一策略,也曾一度饱受争议。 纵观我国目前针对高管激励所做的努力,我们认为主要存在激励力度不足,激励形式比较单一等现象,激励有短期年薪激励,长期期权激励。在国外高管人员激励方案中常常包括 “金色降落伞”计划,能够保护他们在退休时能够领到高额的退休金。在中国像这些比较缺少,所以就会常常出现一些非常优秀的企业老总在快要退休的时候出现这样那样的问题,这就是我们通常说的“59岁现象”因此我们如何把激励措施做到位就是目前企业普遍所关注的问题。 “金色降落伞”计划在中国应用时应注意的问题: ①授予的对象的确定。“金色降落伞”在国外的授予对象主要是企业的高级管理人员,如:总经理或总监级的雇员。但由于我国企业中存在“元老问题”的主要是国有企业,企业的成长过程中对企业作过重要贡献的人员较多,因此授予的面应该相对放宽,因包括企业的创业者或企业的成长过程中对企业的发展起过重要作用的人员,如公司的业务骨干、技术骨干等。 ② “金色降落伞”的授予形式。西方国家的“金色降落伞”主要包括一次性的契约解除补偿金、津贴和股票期权等。在我国大部分企业领导人领到的是一笔退休金。而按照我国现行的退休制度,每月发放一定的退休金是必然的选择,其余的可以包括一次性的奖金或是股票期权。 ③授予金额的限制。美国在其《国内税收法案》中就对“金色降落伞”金额作了限定,即被授予人在“突发事件”前的五年以内的各年工资的平均值。如果超出这个限额,就要对其超出的部分征收20%的税款,而同时公司也会失去相当于超出授予部分的税收减免。由于我国的企业元老们的工资收入远远低于西方发达国家,因此,对数额的限制应适当放宽,每月的退休金应以不低于其在位时工资为限,并应考虑到国内同类型企业的水平。一次性的津贴也应以其年入的2-3倍为限。再加上股票期权,其总额应与元老在位时企业的经营情况、元老在职时间的长短、元老对企业的贡献大小等多方面进行衡量。 目前,“金色降落计划”在我国已有了一定的应用案例,例如:以盛大网络为例,陈天桥授予唐骏的期权属于吸引人才的“金手铐”性质,而授予谭群钊、瞿海滨、李曙君的期权则是针对元老的“金色降落伞”计划。我们希望在不远的将来,更多的企业能通过“金色降落计划”等一系列的对管理者约束与激励的手段,来彻底解决由于经营者付出与回报不对称这一严重导致企业经营状况不佳的现象出现。 相关条目 金手铐 金阶梯