ZX公司股权激励实施效果的研究

发布时间：2018-03-11 11:12

本文选题：股权激励　切入点：实施效果　出处：《哈尔滨商业大学》2017年硕士论文　论文类型：学位论文

【摘要】：二十世纪五十年代初美国开始了股权激励,在此很多发达国家也开始开展股权激励方案。然而中国是在二十世纪九十年代开始实施股权激励方案,至此开始进入了股权激励的探索阶段。之后中国证监会颁布了《股权激励管理办法》,并且大部分上市公司进行了股权分置改革,建立了一定的制度环境供股权激励实施,至此股权激励进入了发展阶段。经济环境的发展使得越来越多的上市公司实施股权激励方案,进行股权激励的案例分析以及研究,有利于对股权激励相关理论的理解,同时对实施效果进行评价和研究,有利于公司在制定方案的时候发挥长处,规避短处,可以使股权激励方案更加的规范和科学,促使股权激励方案的有效实施。以ZX公司实施的股权激励方案为例,在国内外股权激励实施效果的研究基础上,通过多方面的评价分析实施股权激励方案是否对公司产生了正面效应。并且提出改进建议,对股权激励方案进行完善。在案例分析的部分采用多种研究方法。首先分析股权激励的实施对企业存在的正面影响和负面影响,然后将分析结果运用到案例分析中,找出ZX公司实施股权激励存在的问题。并且运用横向对比与纵向对比相结合的分析方法,总结对比ZX公司在实施股权激励方案前后的差异,以及和同行业上市公司进行对比,分析股权激励对ZX公司是否存在有利的影响。
[Abstract]:In early 1950s, the United States began equity incentive, and many developed countries also started equity incentive. However, China began to implement equity incentive in 1990s. At this point, it has entered the exploratory stage of equity incentive. Then the China Securities Regulatory Commission promulgated the "measures for Management of Equity incentive", and most of the listed companies carried out the reform of the split share structure, and established a certain institutional environment for the implementation of equity incentive. The development of economic environment makes more and more listed companies carry out equity incentive schemes, and carry out case analysis and research on equity incentive, which is beneficial to the understanding of relevant theories of equity incentive. At the same time, the evaluation and research on the implementation effect will be helpful for the company to give full play to its strengths, avoid the disadvantages, and make the equity incentive scheme more standardized and scientific. To promote the effective implementation of equity incentive scheme. Taking the equity incentive scheme implemented by ZX Company as an example, on the basis of the research on the effect of equity incentive implementation at home and abroad, This paper analyzes whether the implementation of the equity incentive scheme has a positive effect on the company, and puts forward some suggestions for improvement. In the part of case study, we use a variety of research methods. First, we analyze the positive and negative effects of the implementation of equity incentive on enterprises, and then apply the results of the analysis to the case study. Find out the problems existing in the implementation of equity incentive in ZX Company, and use the analysis method of combining horizontal contrast with vertical contrast, sum up and compare the differences before and after the implementation of equity incentive scheme in ZX Company, and compare with the listed companies in the same industry. This paper analyzes whether the equity incentive has a beneficial effect on ZX Company.
【学位授予单位】：哈尔滨商业大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F272.92;F626

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