Study On The Implementation Effect Of Anke Bio-Equity Incentive Case

As capital market continues to improve and the scale of the company continues to grow in China,the drawbacks caused by the agency system are also revealed.The disadvantages are mainly the contradiction between the interests of managers and owners.The equity incentive system can just solve this contradiction.It gives managers the opportunity to obtain a part of the residual rights,so that the interests of the two are almost consistent.They can effectively overcome the shortcomings of the principal agent and limit the short-sighted behavior of the manager.The long-term interests of the company are conducive to the long-term development of the company.In addition,the current talent competition situation is very serious,and the original salary system can no longer be a favorable guarantee for retaining the core talents of enterprises.Enterprises need to give high-intensity incentives to core technicians in order to stabilize existing core technicians,attract more technicians,and improve the company's core competitiveness.Therefore,companies have implemented equity incentives.Anke Bio is in the leading position in the bio-pharmaceutical industry,and its implementation and implementation effects of equity incentives have been closely watched by the industry and other industries.The advanced experience of the implementation of equity incentives,the imperfections of the incentive schemes and the problems in implementation have certain reference and reference significance for the implementation of equity incentives in China's biomedical industry and other industry enterprises.Based on the theory of incentive,principal-agent theory and human capital theory,this paper uses the combination of theory and case analysis to analyze the effect of Anke Bio-implemented equity incentives.Through the analysis of Anke Bio's financial indicators,non-financial indicators and short-term market response,it can be concluded that after the implementation of equity incentives,Anke Bio'svarious indicators have risen,and innovation ability and market share have also increased significantly.It shows that the impact of equity incentives on enterprises is good,and there is a positive correlation between equity incentives and corporate performance.