Research On The Impact Of Human Capital Incentive Mechanism Of Scientific And Technological Enterprise On Financial Value Creation

In the background of the global capital market liberalization and the complexity of organization and operation,the capacity of resources as a carrier of ability determines the spatial dimensions of development.As an important part of intellectual capital,human capital is the leading factor in the operation of the company.Value creation can reflect the comprehensive ability of the enterprise,more closely with strategic planning and value management thought,and it pays more attention to the efficiency of business operations and the allocation of resources,so as to realize the enterprise value goal.The financial value of creativity as a part of the value of creativity,it reflect the financial situation and the trend of development more directly,but the current domestic and foreign scholars researches of human capital incentive mechanism of the enterprise value of creativity is very little,and the research in this field in China is not yet mature.Therefore,this paper selects the impact of human capital incentive mechanism on the financial value creation as the research content,and obtains the effective empirical results in order to make a contribution to the theory and empirical research.This paper selects the influence of human capital incentive mechanism of financial value creation as the research object,through the understanding of the concept and measure of human capital incentive mechanism,analysis the mechanism of human capital incentive mechanism to create financial value,in the same time,through the analysis of the present situation of human capital incentive mechanism and financial value creativity index.According to the present situation of the results of the analysis,selection from 2011 to 2015 in Shanghai and Shenzhen A shares listed on the 1798 science and technology enterprises as the research sample,index design of human capital incentive mechanism and financial value of creativity,and descriptive statistics,correlation analysis,regression model for empirical analysis,in the design of financial value creativity index,creatively design the index"GRCM".Based on the empirical results,it is found that the top three management compensation,the relative pay gap,and the incentive combination variables have positive effects on the financial value creation.According to the research results,this paper puts forward some suggestions on improving the enterprise's value creativity:improving the incentive intensity,establishing the incentive gap,using the incentive combination mode.