Chinese Companies Listed On Gem Equity Incentive

With the increasingly dispersed shareholding and management of increasingly complex technology, the world's largest company in order to effectively solve the principal agent problem, a reasonable incentive management personnel, have introduced stock options and other forms of equity incentives. Although this system originated in the United States, but in less than half a century, but quickly developed into the most economically developed countries and global regions, the incentive to obtain good results, but also allows the company to enhance the performance of the universal, now Equity incentive has become the world's most important listed companies the incentive model.In contrast, China's share lags behind the development of incentive mechanisms, by their own lack of internal experience and external support environment, incomplete restriction, the development of equity incentives, there are many obstacles and difficulties. With China's accession to WTO, listed companies will face competition from domestic and international double, with reasonable incentives to retain key talent to become a top priority, thus strengthening the incentives for equity research and practice is important. Since October 23,2009 A-share market since the open version of the GEM, the GEM equity incentive companies have also introduced only in 2010,11,12,13 listed companies have announced plans for equity incentive plans, can be seen listed on the GEM equity incentive has become a common phenomenon. However, A-share market GEM is still a new thing, the scale of academic research has not yet formed, and for the company's equity incentive GEM problem, even more are involved, so this study has some practical value and innovation.Based on the theoretical basis of equity incentives, types, and foreign equity incentive development research, and development of our equity incentive and analysis of the status quo and the status for the analysis of the GEM study, revealed that China and the developed equity incentives the gap between countries, and trying to reason through the gap between the obstacles in-depth analysis and development, looking to improve the quality of our equity incentive GEM and nurture a variety of internal and external environment and effective ways and means, and ultimately to share the healthy development of incentive mechanism in China goals.