Study On The Performance Of The Company’s Equity Incentive In China Environmental Listing Corporation

The significant modification about company law and the first step of reform in shift of holding in2005offer legit insurance for operation of holding motivation. With continuously accomplishment of theories regarding to holding motivation and practice and in capital market where the quantity of listed companies operating holding motivation maintains a increasing trend, holding motivation has become a valuable methodology exerted in company management and a hotspot explored by scholars. Holding motivation, a effective and long-term motivation mechanism, plays an essential role in company structure and human resource, which not only solve the substitute issue caused by separation operating from ownership but also combine profit of company with that of executives,making executives more dedicated for performance of company’s business.The position of environmental business has been enhanced by the rapid development of economy. Especially during the period of the twelfth five-year plan, the experience of eleventh five-year plan should be concluded and a new way to environmental conservation should be explored, proceeding to make effort in, a key project, promotion of environmental conservation. Environmental business, a strategic and innovative industry, has a crucial impact on the growth of national economy. During the twelfth five-year plan, investment in environmental business will be up to310billion in all the listed companies featuring with environmental conservation, a role model, will be a leading force in environmental business.The reason why the listed company featuring with environmental conservation is the research subject is followed as bellow:first, environmental industry is the key realm in all industries, which contributes to employment expansion and stimulates economic development; what’s more, under macroscopic readjustment and control, the research of holding motivation in the environmental business has a practical and realistic instruction for those companies facing fierce competitiveness,the thesis firstly describes the related theories and policies, and systematically demonstrates the development process between environmental business and listed companies featuring with environmental conservation, on the basis of that, three assumptions was brought out by establishment of models processed by the way of factor analysis and regression analysis from that, the thesis concludes three conclusions:holding motivation can enhance performance of listed companies featuring with environmental conservation; ratio of holding motivation is positively related to performance of listed companies featuring with environmental conservation; different models of holding motivation produce different motivative effectiveness for listed companies featuring environmental conservation.