Research On The Application Of Limited Partnership As Shareholding Platform

In September 2014,Prime Minister Li Keqiang first put forward the concept of "mass entrepreneurship,mass innovation ".Since 2015,the State Council has regularly organized the "National Mass Entrepreneurship Innovation week" in October of each year,which stimulated the entrepreneurial innovation vitality of the whole society.In recent years,a large number of emerging enterprises continue to emerge,expanding the scale of small and medium-sized enterprises in China,large enterprises continue to innovate and create,committed to the transformation and upgrading of enterprises,to ease the pressure of employment and promote the healthy development of the economy has played a good role in promoting.At the same time,corporate governance is increasingly becoming a problem for many entrepreneurs.Corporate governance system.The design of the enterprise is closely related to the management of the enterprise,for the venture partners,the initial establishment of the enterprise equity structure and equity allocation is very important,the formation of the enterprise interest pattern has a decisive role.In the stage of enterprise development,how to retain core talents through equity incentive policy,and continue to attract outstanding talents to join,fully mobilize the enthusiasm of employees to create value for the enterprise,and transform human resources into human capital must be highly valued.With the amendment of the Partnership Act of 2007,enterprises in the form of limited partnership have emerged.Securities Registration and Management Measures 2009 revision to allow a limited partnership to invest in a listed company.In 2011,limited partnerships emerged for the first time as an executive equity incentive platform.At present,more and more enterprises in our country choose limited partnership as the shareholding platform to encourage employees to maintain the stability of the equity structure and promote the improvement of corporate governance structure.Therefore,to study the application of limited partnership as a shareholding platform,on the one hand,we can put forward reasonable suggestions on the shortcomings of limited partnership as a shareholding platform;on the other hand,we can sum up the experience of establishing limited partnership equity structure for other entrepreneurship.The design of enterprise equity structure provides reference and reference.This paper takes Lenovo Group as the research object,takes the limited partnership enterprise as the shareholding platform application as the research content,through the literature research method,the comparative analysis method,the case analysis method and the qualitative analysis and the quantitative analysis method unifies the way to carry on the analysis discussion.Classification of the relevant literature at home and abroad,clarify the research background and significance,put forward the text of the research ideas and structural framework.Takingprincipal-agent theory,incentive theory and human capital property theory as the theoretical basis,this paper expounds the related concepts of limited partnership and shareholding platform,analyzes the application of establishing limited partnership as shareholding platform,and enumerates the limited partnership.The comparative advantage of enterprises as shareholding platforms compared with ordinary partnership enterprises and corporate enterprises.Combined with the specific case of setting up limited partnership shareholding platform in Lenovo Group,this paper analyzes the reasons and shortcomings of its equity structure design.In combination with the limited partnership system in China,some reasonable suggestions are put forward for the problems existing in limited partnership as shareholding platform.