Research On The Implementation Effect Of Orient Landscape Ownership Incentives

Themain contradiction between modern enterprises is the gradual separation of ownership and management of the enterprise,the relationship between the two is the agency relationship between the two interests are inconsistent goals,shareholders want the company's sustainable development,and managers pay more attention to their own Interests,so that there will be a crisis of confidence between shareholders and managers.In order to solve this contradiction,the first equity incentive mechanism used in the West can be effectively bundled with the interests of shareholders and managers.The same goal of those who push the operators to work harder,the use of this measure has produced good results in developed countries.In recent years,equity incentive has been gradually recognized and used by domestic enterprises.Although equity incentive started relatively lately in our country,along with the constant maturity of China's capital market and the formulation of a large number of policy documents by the state,Improve the environment,which allows equity incentive mechanism has been well developed in our country.China has a considerable number of listed companies agree equity incentive plan and its application to the reality,which has become a hot topic in our country.This paper takes Orient Landscape Company as the research object.Firstly,it explains the related concept and theoretical basis of equity incentive.Based on this,it expounds the process of the implementation of equity incentive by Orient Landscape Company,and uses the method of normative study and case analysis.Select representative financial indicators for evaluation,analyze the effect of equity incentive plan on Orient Landscape Company vertically and horizontally from three aspects of profitability,development ability and solvency of Orient Landscape;horizontal analysis adds the average value of garden project industry;The analysis makes the conclusions more reliable,the analysis of market share by choosing non-financial indicators,and the overall analysis of the effect of equity incentive.Finally,we appraise the cases of Orient Landscape Equity Incentives,put forward questions and suggestions for improvement.