Suning Appliance Equity Incentive Case Studies

The company's management techniques to present the complicated at the same time, the company's equity also gradually spread out, so many large companies in several countries around the world have been the separation of ownership and control, there are some large enterprises in the United States in order to be able to company management team and core good employees reasonable incentive and constraint, and effectively solve the commission that the problem of agency to implement the equity incentive plan is given priority to with stock options, and then get universal development in the 1980 s. Under their influence, in the 90 s, more and more developing countries were established in the path of the implementation of equity incentive, which lead to listed companies around the world now is the most important for equity incentive mode.Compared with the developed countries such as America, equity incentive system in the development process of listed companies in our country is slower, but our country securities market is in rapid development, and therefore there is a big discrepancy. So the listed companies in China in the face of the many fierce competition from both at home and abroad, the first thing to do is to take what kind of incentives to reasonably stable good employees, in this case of equity incentive theory research and practice is of great practical significance.This article mainly su ning electric equipment as the research object, the calculation method of case analysis, the company stock options incentive plan including stock sources, the exercise price, exercise standard, incentive object and the conditions of sale and other elements are analyzed in detail. At the same time, analyses the main reasons of the implementation of equity incentive and implementation effect of stock option, and in contrast with gome operating conditions found in suning appliance business performance gets greatly improved after the implementation of stock option, market competitiveness is improved. At the same time this paper also analyzed the suning appliance stock option incentive scheme of some of the deficiencies and proposed the corresponding improvement Suggestions, provide a reference for domestic companies to implement equity incentive and restraint. Finally concluded that if enterprises want to pass the implementation of equity incentive in our country, to achieve real reasonable incentive and restraint effect, must be in the right stages incentive schemes; At the same time, enterprises also need to bear in mind that cannot blindly copy the experience of abroad, but to stand above the unique national conditions and economic environment in our country according to the company's own actual situation and the problem to design the incentive scheme, only in this way can solve the problem they face the reality.