Research On The Motivation And Effect Of The Implementation Of Goodix Technology Co.,Ltd.’s Equity Incentive Plan

Equity incentives are tools that are often used by enterprises to alleviate entrusted agency issues.With the continuous improvement of equity incentives related systems,more and more listed companies choose to launch equity incentives,especially in talent-intensive enterprises.The isolated equity incentive plan can no longer work.It cannot meet the needs of enterprises to stabilize talents and promote innovation and development.This article is based on the research target of leading enterprises in the semiconductor industry,and explores its continuous launch of the motivation and effects of equity incentives in the context of the industry’s talent gap,fierce competition,and product structure transformation.Learn.This article first systematically sort out domestic and foreign literature,and uses the method of case research method to based on the theory of entrusted agency theory,incentive theory and other related theories,and based on the six equity incentives implemented by Goodix 2017-2020 as research as research as research.The object,first analyzes the cause of the implementation of its equity incentive plan based on the understanding of its industry and the development of the enterprise.Secondly,from the perspective of the incentives,combined with the company’s development and relevant regulations,analyzes the element design and unlocking of the equity incentive plans from the perspective of the incentive plan,and preliminary judgment the problems of its equity incentive plan.Finally,the financial performance,non-financial performance,and market performance of Goodix Equity incentive Plan were analyzed during the implementation of Goodix Stock Incentive Plan,and joined the average value of the semiconductor industry listed before 2017 as a comparison.EssenceStudies have found that after the implementation of equity incentive plans for multiple implementation of the equity incentive plan,from the perspective of market performance,equity incentives can get a positive response to the short-term capital market,but the role of the company’s long-term market performance improvement is not obvious.From the perspective of financial effects,equity incentives can bring the company’s short-term growth capabilities and profitability,but it should also be noted that the difficulty of long-term incentives caused by unreasonable planning and unreasonable indicators;in equity in equity During the implementation of the incentive plan,the company’s operating capacity,short-term debt repayment capacity,and economic value-added have been significantly improved.From the perspective of non-financial effects,after the implementation of the equity incentive plan,the quality of enterprise employees has been improved,the departure rate has decreased,the investment in enterprise R & D investment has been strengthened,and the product structure is optimized.Based on the above analysis,this article proposes optimization suggestions from three aspects: reasonable planning incentive plan,reasonable setting performance assessment indicators,and improvement of internal supervision,with a view to providing experience for other companies in the industry.