A Study On The Interval Effect Of Executive Equity Incentive And Corporate Performance In Chinese Listed Companies

By the end of2005, China Securities Regulatory Commission promulgated the "measures for the Administration of Listed Companies incentive ", marking Chinashare reform began. Share reform began in2005to regulate the capital market inChina has laid a solid foundation for the implementation of equity incentive andprovide a strong system of protection."Equity Incentive listed companiesmanagement approach" Article XII: the total number of shares underlying all of thelisted company ’s equity incentive plan effectively involved may not exceed10%ofthe total share capital of the company, so this article will be divided into threeintervals of10%, respectively [0,4),[4,7],(7,10], by selecting the relevant datafrom2006to2012were SPSS analysis, validation of different industries, differenttypes of equity incentives in the three range correlation. based on the results of dataanalysis to determine the different industries, different types of incentive stock optionsrange, thereby maximizing improve business performance.This paper is divided into a total of five chapters:The first chapter points out thebackground and significance of this study, defined the research content and researchways, and a detailed description of the current status of research on domestic andinternational equity incentive, the last of some concepts and innovations aredescribed herein.The second chapter describes the theoretical basis of incentive stockoptions, and lay a solid theoretical foundation for the study of incentive optionsbelow.Chapter III of the development and current status of incentive stock optionswere analyzed, mainly for analysis from the industry, and mode selection andfeatures.Chapter Four executives of listed companies in different industries equityincentive and corporate performance range effects of empirical research, assume theexistence of a variety of industries interval equity incentive effect, and then to test thehypothesis through data analysis. For validation of the results, recommendations andopinions on future industry incentive stock options.The fifth chapter is the conclusionand point out what this study points out. This paper uses empirical research to testthe hypothesis through data analysis. In addition, the paper also uses the researchmethods literature research and descriptive analysis method. The main point of thispaper are:(1) Research on executive equity incentive and corporate performance oflisted companies range effect, the ratio of executive equity incentive can be quantitative, and can improve the performance of maximizing the enterprise.(2) ofdifferent industries, different types of listed companies on executive equity incentiveequity incentive rate may vary.