经理人

Its main purpose is to create the world's brand manager for the exchange of professional learning platform and broaden the brand of the world association of professional managers who brand-building ideas and methods, together for "world brand" to offer advice and suggestions of the public networking platform.

其主要目的在于创建世界品牌职业经理人的交流学习平台，拓宽世界品牌职业经理人协会人品牌建设思路与方法，共同为"世界品牌"努力献计献策的公共联谊平台。

In the developed countries, the professional brokers' system is comparatively sound, it is a basic obligation to increase the stock holder's values for the managers, especially to those professional managers who have a working background of renowned companies.

在经济发达的国家，职业经理人体系比较完备，增加股东价值是经理人员的一个基本责任，尤其是对那些有过公众公司背景的职业经理人来说更是这样。

Ben is now 75 and, like Gene Abegg, 81, at Illinois National and Louie Vincenti, 73, at Wesco, continues daily to bring an almost passionately proprietary attitude to the business. This group of top managers must appear to an outsider to be an overreaction on our part to an OEO bulletin on age discrimination. While unorthodox, these relationships have been exceptionally rewarding, both financially and personally. It is a real pleasure to work with managers who enjoy coming to work each morning and, once there, instinctively and unerringly think like owners. We are associated with some of the very best.

Ben今年75岁，但与伊利诺国家银行81岁的Gene Abegg以及Wesco 73岁的Louie Vincenti一样，每天依旧为所领导的企业灌注无比的热情与活力，外界不知情的人还以为我们对于这群杰出的经理人有年龄上的特殊偏好，虽然极不寻常，但这样的关系实在是让我们受益良多，无论是在财务上或精神上都是如此，与这群"乐在其中"并以像老板一样心态每天认真经营公司的专业经理人在一起工作实在是一种享受。

Particularly, it points out the fact that most of the management compensations are still cash, which causes the disjoining between individual and corporate interests, short-term and long-term interests. In a result, it has a great negative effect on management efforts.

特别是通过研究指出，目前我国大多数上市公司经理人的报酬依然以现金为主，这造成经理人的个人利益与公司利益、短期利益与长期利益相脱节，严重影响了经理人努力工作的积极性。

The innovative traits of this research lies in which it hackled the theory of the recruitment and selection of the medium professional manager, and established the system of the recruitment and selection of the medium professional manager on the basis of empirical analysis on the competency mode of the medium professional manager.

第8章：我国中级职业经理人的选聘机制分析。在归纳总结了第4、5、6、7章的基础上，系统的提出了我国中级职业经理人选聘机制，并对此选聘机制进行阐释。本文主要在以下几个方面有所发展和创新：1。系统梳理了中级职业经理人选聘的相关理论。2。

The professional executives stimulate and keep the vigor of the enterprises by wise policies and innovative capacity and they become the designers and correctors of the enterprises' organization structure; the existence and the playing of the functions of the professional executives are the micro bases of modern economic development. There will be no true modern enterprise system without professional executives.

职业经理人以其英明决策和创新能力激活并保持着企业生命力，成为企业组织结构的设计者、修正者；职业经理人的存在及其功能的发挥是现代经济发展的微观基础，没有职业经理人，就没有真正意义上的现代企业制度。

In view of executive power to intervene in the allocation of resources over the reality of the situation, should intensify their efforts to clean up the recent各种乱收费, levies, and shut the power of the currency market of the "gray channel" reflects the strong focus on cleaning up the community, do not lead to monopolies fair competition policy, and actively create a fair and regulated competitive environment, maximizing the contribution of income and reflected on and so on; to be a more effective means of remediation of illegal income, seek to abuse the interests of individuals or small groups with severe punishment imposed for corruption ; At the same time, it is necessary to speed up the reform of the political system, and promote democratization and openness in decision-making, and strengthen the public service and acts of administrative bodies at all levels of supervision and constraints on the exercise of such power by the process of forming a comprehensive and reasonable mechanism for binding.

当中产阶级成为一个国家的主流群体时，就会结成一张维护社会长治久安的&安全网&。如果说&社会稳定是压倒一切的政治任务&的话，那么，扩大中产阶级的比重就是实现稳定的社会基础。如何促进中国中产阶级的快速发展？笔者认为当前应特别重视以下几个方面：（1）加强法律保护的力度。实践证明，只有依法保护私人产权和维护社会公正，才能促使人们凭借勤劳和智慧去创造财富，才能抑制少数人依仗权势&寻租&和通过贪污腐败手段暴富，才能防止百姓的私有财产不被权贵势力非法侵吞。这样，所有的人将可平等地获得上升的机会，私人资本和职业阶层也会有更大的成长空间。（2）大力发展公共教育事业。知识能够帮助人们改变命运，只有大力发展公共教育，才能使更多的人得到平等分享经济增长成果的机会，这是知识经济时代培育中产阶级的&树人工程&。我们要尽快普及12年制义务教育，大力开展终身教育，打造更多的学习型组织，营造学习型社会的氛围，从而使更多的人通过攀登知识阶梯而升入中产阶级。（3）加快金融创新。中国居民目前工资收入在家庭收入中的比重平均为70％左右，大大高于发达国家50％的水平。工资收入在家庭收入中的占比过大，自然会减缓大多数人进入中产阶级行列的步伐。我们认为，要提高居民收入中非工资收入的比重，最重要的措施就要培育居民的投资意识，并通过金融创新为他们提供多样化的投资工具（如形式多样的共同基金等）。（4）提高专业技术人员、经营管理者、教师、研究人员、公务员等智力劳动者的收入，鼓励智力劳动者进行智力投资，并保护相应的合法权益。（5）建立职业经理人激励机制（包括年薪、奖金、红股、期权等方式），形成职业经理人致富与企业发展互动的财富积累机制。

So long as one or more persons have been nominated as Manager and notice of the death of such person (or of all such persons, wheremore than one person has been so nominated) has not been received by the Dealer, all notices and communications from the Dealer shall be addressed to the Manager or, if more than one person has been so nominated, to the first-named.

若一名或多名人直获提名为经理人，而交易商并未接获有关该人士死亡的通知，则有关该等人士的死亡通知，交易商所发出的通知或通讯，概发予经理人；若被提名者不祗一人，则发予姓名排名首位的人士。

So long as one or more persons have been nominated as Manager and notice of the death of such person (or of all such persons, where more than one person has been so nominated) has not been received by the Dealer, all notices and communications from the Dealer shall be addressed to the Manager or, if more than one person has been so nominated, to the first-named.

若一名或多名人直获提名为经理人，而交易商并未接获有关该人士死亡的通知，则有关该等人士的死亡通知，交易商所发出的通知或通讯，概发予经理人；若被提名者不祗一人，则发予姓名排名首位的人士。

Corporate market value that departures from intrinsic value influences managers behavior and thus holdbacks corporate value creation.

进而，本文采集中国上市公司数据，验证本文提出的有限理性对公司定价的影响机理，实证研究发现：1、中国证券市场上，投资者不能正确判断公司价值创造的效率，从而中国上市公司的市场价值严重脱离公司价值创造的实际情况，出现公司价值创造效率越低，市场对公司的价值预期反而越高的现象。2、背离了公司真实价值创造效率的市场对公司的价值预期强烈影响到公司经理人的投融资和经营行为，阻碍了公司下期的价值创造效率。3、在公司定价偏差对公司内在价值的反作用过程中，行为成本、代理成本和制度成本使经理人理性在现实中受到限制，从而经理人的有限理性行为妨碍并降低公司再投资效率，进而妨碍了公司价值创造效率，从而影响公司的内在价值和市场价值。

Plunder melds and run with this jewel!

掠夺melds和运行与此宝石！

My dream is to be a crazy growing tree and extend at the edge between the city and the forest.

此刻，也许正是在通往天国的路上，我体验着这白色的晕旋。