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Research On Optimization Of Equity Incentive Scheme In Meng Jie

Posted on:2019-05-24Degree:MasterType:Thesis
Country:ChinaCandidate:X WenFull Text:PDF
GTID:2429330548982071Subject:Accounting
Abstract/Summary:PDF Full Text Request
In 1950s,stock option was born in the United States,and has experienced rapid development for some time.It has been recognized by Listed Companies in developed countries in Europe and America.In our country,the managers in our country have a simple salary structure,less equity income,and lower salary level relative to the developed countries in Europe and America,which greatly hinders the development of the company.The equity incentive has been standardized and supported by our government from the policy aspects because of the characteristics of solving these problems.At the same time,the environment of capital market and the conditions of implementing equity incentive are gradually maturing.More and more listed companies begin to implement equity incentive plan.In this new system in my vigorous development,our government issued the latest management policy in 2016,and the equity incentive system of listed companies has been further standardized.Based on the related concepts and the basic types and characteristics of equity incentive in China's listed companies,this paper introduces several related theories,and then introduces the stock incentive scheme and its follow-up supplement in 2013,and analyzes the market reaction,agency cost and financial situation before and after the implementation of the scheme.And excess income,combined with the actual situation of the Meng Jie and the industry environment as well as the related literature and theory research,find out the existing problems in all parts of the stock incentive plan of the Meng Jie,and analyze the probable cause,so as to optimize the design of the equity incentive scheme and put forward the guarantee measures.The scheme is implemented correctly.The Meng Jie is a home textile enterprise with design talents as the core.It has a certain representativeness in the industry.The choice of equity incentive policy is of great significance for the industry and the market environment.Therefore,the research ideas and methods of the article can provide some reference to other listed companies,especially the domestic listed companies of the same industry,and have certain reference value to the internal management system and organization structure of the company,and also a good inspiration for the regulation of the whole market.
Keywords/Search Tags:Equity incentive, Entrustment agent, Scheme optimization
PDF Full Text Request
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