Study Of Incentive Stock Options For Core Technology Business Staffs

80/20theory tell us, enterprise more than80%of profits and value is the core of enterprise20%of the key employees to create,these key staff is the enterprise core competitiveness and the core competence of the fundamental source is the enterprise development and expansion and gain sustainable competitive advantage of fundamental, these key staff is enterprise’s core technology business employees. The core technology staff scarcity, leading to the core technology business staff is fierce, for enterprises in developing process, the core technology business staff will lead to loss of enterprise innovation status of decline. Therefore, enterprises actively explore core technical employees, to strengthen the incentive problems of enterprise core technology business staff centripetal force.1,research objectiveThis essay tries to a-share listed companies of core technology business in2009staff on the enterprise and its stock option plan similar assets of the same scale of stock option plan did not execute the enterprise data, the empirical study of core technology of listed companies in China business employees incentive mechanism of implementing stock options to improve performance and what effect the innovative status, and on this basis to explore suitable for China’s listed companies on the core technology business employees incentive option motivation mechanism design.Second, the research contentIn this paper, on the basis of summary of domestic and international research from the core technology business employees, stock option plan Angle, the trend analysis selecting variables and methods of single factor analysis of variance, the stock incentive whether it helps enterprise performance and innovation level of ascension; Through the correlative analysis, multiple linear regression method, research the share price and incentive stock option exercise price ratio, award proportion, validity and incentive scale and enterprise performance and innovation situation to what relation, incentive stock option for enterprise provide a good reference.Third, this paper innovation and contribution and insufficiency1, this paper of innovation and contributionThis paper in the innovation and contribution, mainly in the following aspects:1), from the perspective of this empirical core technology business staff incentive stock option, is more scientific research;2), this paper stock option plan explanatory variables in the choice of increased incentive scale this important variables, a detailed study of the incentive scale and enterprise performance growth and innovation level, the relationship between ascension;3), this paper USES the many kinds of empirical tools.2, this paper shortageDue to the implementation of the listed company stock option plan are not much, causing enterprise this relatively small sample selection; In addition, because many of the2010sample company annals of an enterprise has not released, so this paper cannot verify sample company executive stock option plan in2009for subsequent annual enterprise performance and innovation, bring what change status.