英语翻译 急用 请大家帮忙啦~~~

来源：百度知道 编辑：UC知道 时间：2024/07/03 04:11:49
Explicit Relative Performance Evaluation in Performance-Vested Equity Grants

Abstract:
Using data from FTSE 350 firms, we examine the factors influencing the explicit relative performance evaluation (RPE) conditions in performance-vested equity grants. We provide evidence on the use of RPE either to improve incentives by removing common risk or by linking greater vesting percentages to higher relative performance rankings. We also investigate whether RPE is used to opportunistically increase vesting and/or placate external parties calling for its use. We find that specific RPE conditions vary depending upon whether the plan is used to remove common risk or to promote superior relative performance. However, we find no evidence that greater external monitoring by institutional investors or others is associated with specific RPE performance conditions. The relative performance conditions are binding in most RPE plans, with nearly two-thirds of the grants vesting only

我觉得这贴放在英语版面保证半小时内会有很多热心人给你翻译~我翻得有点不太顺，我对股票授权和业绩这方面的英语不是很熟悉。希望能帮上你的忙吧！

Explicit Relative Performance Evaluation in Performance-Vested Equity Grants
绩效授予股权中的外在相对业绩评估

Abstract:
概要：
Using data from FTSE 350 firms, we examine the factors influencing the explicit relative performance evaluation (RPE) conditions in performance-vested equity grants. We provide evidence on the use of RPE either to improve incentives by removing common risk or by linking greater vesting percentages to higher relative performance rankings. We also investigate whether RPE is used to opportunistically increase vesting and/or placate external parties calling for its use.
根据英国富时350指数成分股公司的数据，我们对绩效授予股权中，影响外在相对业绩评估（RPE）的因素作了调查和研究。运用相对业绩评估，我们研究证据表明，通过消除风险或者将授权百分比和相关业绩排名挂钩，排名越高，百分比越高，这两个途径可以刺激鼓励员工。我们也调查了相对业绩评估是否仅仅是偶然的延长了授权期和/抑或只是安抚外部各方。

We find that specific RPE conditions vary depending upon whether the plan is used to remove common risk or to promote superior rel