Research On Angel Yeast Equity Incentive Scheme And Its Effect

China has reached a new developmental phase in the age of today.If we want to raise the level of the real economy through high-level scientific and technological innovation,we have to play the main role of corporations in the establishment of the new development paradigm.Equity incentives can help corporations improve their core competitiveness and promote corporations to move steadily and farther on the new development path by reducing the cost of entrusting agents,attracting high-quality talents and improving corporate performance,etc.This paper takes takes Angie’s Yeast Co,a leading corporation in China’s food fermentation industry,as the research object,and analyzes the comprehensive impact of its equity incentive plan from two major aspects of financial performance and non-financial performance during the implementation period and after the end of the incentive,based on the theory related to equity incentives.And on this basis,it provides perfect countermeasures for the deficiencies of the plan.From the perspective of the financial effect after the implementation of equity incentives,the incentives with business and R&D and innovation personnel as the main objects have greatly enhanced the enthusiasm and creativity of employees,and the improvement of R&D innovation capabilities and the adjustment of sales models have helped Angel Yeast improve its comprehensive development capabilities.From the perspective of non-financial effects,Angel Yeast’s human resource structure has been optimized,the patent output results are diversified,and it has played a pivotal role in the internal control of corporation and the optimization of accounting information quality.However,Angel Yeast’s plan still has defects such as a single assessment index and an imperfect supervision mechanism.In view of these questions,this paper proposes optimization measures such as optimizing assessment indicators,strengthening control supervision and innovating models for the deficiencies of Angel Yeast’s equity incentive plan,and evaluates the expected effect.Finally,this paper draws on the findings of the study to gain insights that a shared career mindset is key,a clear incentive orientation is the focus,and to provide an outlook on incentive schemes for Angie’s yeast,the food industry and indeed the new era of equity.Through a comprehensive analysis of the equity incentive plan implemented by Angel Yeast,this paper aims to provide some reference for future equity incentive plans of Angel Yeast as well as other food yeast industry,help corporations improve their comprehensive development capabilities,and embrace more sustainable and healthier development of the economy in the new phase.