Design For The Equity Incentive Of State-controlled Listed Companies And Equity Incentive System Construction

Equity incentive regarded as the solution to the entrust-agent problem of modern enterprises is to promote corporate executives and the shareholders to form a powerful means of the benefit Community. The ownership incentive mechanism of listed companies in our country has received close attention of the domestic and foreign theorists, the government and company continuously, However due to the constraints of the original policy environment and the law rule in practice, equity incentive plan to promote confronted many legal and policy obstacles. Listed companies and the capital market all need urgently to establish the advanced executive equity incentive system and mechanism.In this paper, I researched system environment of executive equity incentive from new policies and regulations promulgated under the new circumstances, and combining state-controlled listed companies of the actual situation, discussing on the equity incentive plan for state-controlled listed companies, design and make recommendations to speed up the equity incentive system.