长城汽车股权激励方案设计研究

发布时间：2018-03-19 15:10

本文选题：股权激励　切入点：方案设计　出处：《沈阳工业大学》2017年硕士论文　论文类型：学位论文

【摘要】：股权激励制度作为一种有效的管理企业的制度,可以将企业所有者和经营者的利益相统一,防止经营者在企业的经营过程中出现短期行为,使企业能够保持长期稳定的发展。我国在上个世纪90年代引入股权激励,虽然时间较短,但发展迅速,越来越多的上市公司实行股权激励计划,并取得一定成效。在股权激励成为大趋势下,为了使股权激励发挥其最大效力,股权激励的设计成为重中之重。本文以长城汽车股份有限公司为研究对象,着重从以下几个方面进行论述。首先,绪论。主要介绍了研究背景与研究意义、国内外研究现状及评述、研究思路与方法和论文的创新点。其次,股权激励的相关理论基础。介绍了股权激励的概念、模式和基本要素,以及股权激励的四大理论。按照权利和义务的不同,可以将股权激励的模式进行分类,本文主要介绍了七种股权激励模式,并对其进行了具体阐述。次之,长城汽车股权激励实施环境分析。介绍了长城汽车股份有限公司的公司概况和经营现状,并对长城汽车实施股权激励的必要性进行分析。通过对长城汽车的股权结构、现有激励机制和员工的特点进行分析,发现其现有激励机制存在缺陷,对员工激励不足,因此有必要为其设计一套股权激励计划。再次,长城汽车股权激励方案设计。主要介绍了根据长城汽车的实际情况,采取股票期权的激励模式,以从二级市场购买本公司股票作为股票来源,将市值与传统的财务指标相结合作为公司业绩的考核标准,并结合相关国家制度和法律法规,设计一套适合长城汽车发展的股权激励方案。为保证长城汽车股权激励方案能够顺利实行,制定相关的保障机制。最后,股权激励方案的设计,对长城汽车具有指导意义,有利于长城汽车完善激励机制,留住和吸引人才,提升公司业绩,实现公司的长期稳定发展。
[Abstract]:As an effective system for managing enterprises, the equity incentive system can unify the interests of the owners and managers of the enterprises, and prevent the managers from having short-term behavior in the course of business operation. In -10s, China introduced equity incentive, although the time is relatively short, but the rapid development, more and more listed companies implement equity incentive plan. In order to give full play to the effect of equity incentive, the design of equity incentive becomes the most important one. This paper takes the Great Wall Automotive Co., Ltd as the research object. First, the introduction mainly introduces the research background and significance, domestic and foreign research status and comments, research ideas and methods and innovative points of the paper. This paper introduces the concept, mode and basic elements of equity incentive, as well as four theories of equity incentive. According to the difference of rights and obligations, we can classify the mode of equity incentive. This paper mainly introduces seven kinds of stock right incentive modes, and expounds them concretely. Secondly, the paper analyzes the environment of the Great Wall automobile stock right incentive, and introduces the general situation of the Great Wall Automobile Co., Ltd., and the present operating situation of the Great Wall Automobile Co., Ltd. Through the analysis of the ownership structure of the Great Wall automobile, the existing incentive mechanism and the characteristics of employees, it is found that the existing incentive mechanism of the Great Wall automobile is defective, and the incentive mechanism for employees is insufficient. Therefore, it is necessary to design a set of equity incentive plan for the Great Wall automobile. Thirdly, the design of the Great Wall automobile equity incentive scheme is introduced. According to the actual situation of the Great Wall automobile, the incentive mode of stock option is adopted. To purchase the company's shares from the secondary market as a stock source, to combine market value with the traditional financial indicators as the evaluation standard of the company's performance, and to combine the relevant national systems and laws and regulations, To ensure the smooth implementation of the the Great Wall automobile equity incentive scheme and to formulate the relevant protection mechanism. Finally, the design of the equity incentive scheme has guiding significance for the Great Wall automobile. It is beneficial to the Great Wall automobile to perfect the incentive mechanism, to retain and attract talents, to improve the performance of the company, and to realize the long-term stable development of the company.
【学位授予单位】：沈阳工业大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F426.471;F272.92

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