The Empirical Study Of Equity Incentive Effect On Corporate Performance

Equity incentive effects on enterprise performance can be understand from two aspects,the first equity incentive is with proper incentives to companies to give way to the operator,the benefit of the operator itself at the same time,enterprise development and the interests of the owners in an enterprise closer together;The second equity incentive can solve the problems that the operators and owners have in the principal-agent,thus affecting the enterprise performance.But from the point of the development of equity incentive in our country,the influence of its application in enterprise performance,is not so obvious in the theory,the "equity incentive effects on enterprise performance is really about?" To become the focus of discussion and discussion among scholars.This paper studies the enterprises listed in the main board market of China from 13 to16 years,and causes a change and influence of the enterprise performance before and after the application of equity incentive.The difference of the application amount of equity incentive,the influence of enterprise performance and the influence of incentive mode on enterprise performance are studied in three aspects.In addition,this paper also to the effect of equity incentive effect on corporate performance path are discussed in this paper,the resulting conclusion is that the equity incentive effects on enterprise performance is positive,there are some differences at the same time;In terms of impact of equity incentive category on enterprise performance,restricted stock is more than stock option.The influence of equity incentive on enterprise performance is mainly direct influence.This article mainly analyzes the equity incentive effect on corporate performance,and also analyzes the equity incentive problems in practical application in our country,therefore this mentioned some Suggestions for implementation and theory,in order to application in these two aspects of China's listed companies implement equity incentive to provide substantial help.