The research on managerial entrenchment developed from the basis of traditional agency theory provides a new perspective to explain the reality of corporate financial behavior of managers. This study focuses on the level of managerial entrenchment measure as a starting point. From the three aspects of manager ownership, human capital characteristics and corporate governance dimension, the paper generalizes orderly the existing methods of measuring the level of managerial entrenchment, discusses relevant influence factors, and analyzes the research situation and the problems. Finally, we point out the emphasis of the managerial entrenchment study in the future in China.%在传统代理理论基础上发展起来的经理管理防御假说对解释企业经理人的现实财务行为提供了一个新视角.以经理管理防御水平的测度为切入点,从经理持股比例、人力资本特征和公司治理层面等三个方面有机梳理了现有研究关于经理管理防御水平的测度方法,讨论了经理管理防御的相关影响因素,分析了已有研究成果存在的不足并提出未来我国企业经理管理防御的研究方向.
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