Study On The Effect Of Implementation Of Equity Incentives In Yiling Pharmaceutical

With the development of market economy,the competition among enterprises is becoming more and more fierce.More and more enterprises realize that the essence of modern enterprise competition is talent competition,and begin to pay attention to the issue of equity incentive.To retain and attract talent through this long-term incentive mechanism.Through equity incentives to retain incentive objects,enterprises strive to establish a stable team of talented people and encourage them to work hard,in order to urge managers to pay attention to the long-term interests of enterprises and to maintain the stability of incentive objects.So as to achieve the enterprise profitability and corporate shareholders' rights and interests to improve the implementation of the effect.Therefore,equity incentive has gradually become an important research topic in the field of talents construction.The rationality and effectiveness of the corresponding equity incentive schemes become an important factor for managers to consider when they pay attention to equity incentive.Firstly,the paper is based on the domestic and foreign research trends,principal-agent theory,human capital theory and two-factor theory,and defines the effect of equity incentive.then this paper introduces the equity incentive scheme.Secondary,the effect of equity incentive is analyzed in different aspects,It is concluded that Ridge pharmaceutical industry has achieved the expected implementation effect of its equity incentive scheme only in the first two aspects,and then analyzed the reasons why the effect of equity incentive implementation of Ling pharmaceutical industry has changed so much.The countermeasures and suggestions to improve the effect of equity incentive are also given.The paper further enriches the theoretical content of the enterprise equity incentive research and provides positive reference value for the related research.From the practical point of view,it is advantageous to sum up the experience and lessons of Ling Pharmaceutical Industry,to provide guidance for it to carry out equity incentive again in the future,and also to provide reference and reference for other enterprises in the same industry to carry out equity incentive.