海康威视股权激励方案设计及实施效果研究

发布时间：2018-04-02 03:02

本文选题：股权激励　切入点：限制性股票　出处：《华东理工大学》2017年硕士论文

【摘要】：股权激励作为一种长期激励制度,有助于将激励对象的个人利益和公司利益连接起来。2005年我国股权分置改革后,越来越多的上市公司实施了股权激励计划。股权激励方案设计及其实施效果日益成为理论界和实务界关注的热点。本文首先介绍了股权激励的模式和核心要素等理论基础,梳理了股权激励方案设计及实施效果的相关文献；接着,理论联系实际,采用案例分析法,分析了海康威视股权激励方案和实施效果。具体包括,第一,介绍了海康威视两次股权激励方案的基本情况；第二,分别从股权激励对象、激励模式和激励业绩条件等视角分析了股权激励方案设计；第三,采用事件研究法、财务分析法,分别从市场业绩、财务业绩(偿债能力、盈利能力、成长能力等方面)以及经济增加值等视角分析了海康威视股权激励方案的实施效果。本文研究有助于企业优化其股权激励方案设计,为上市公司实施股权激励提供借鉴,帮助我们了解股权激励的实施效果。同时,有助于为我国股权激励研究提供案例支持。
[Abstract]:As a long-term incentive system, equity incentive helps to link the individual interests of incentive objects with the interests of companies. More and more listed companies have implemented equity incentive plan. The design of equity incentive scheme and its implementation effect have become the focus of attention in theory and practice. Firstly, this paper introduces the theoretical basis of equity incentive model and core elements. Combing the relevant literature on the design and implementation effect of equity incentive scheme; then, combining theory with practice, using the case analysis method, the paper analyzes the equity incentive scheme and implementation effect of Haikangwei. This paper introduces the basic situation of Haikangwei's two stock incentive schemes; secondly, analyzes the design of equity incentive schemes from the perspective of equity incentive object, incentive mode and incentive performance conditions; third, adopts event research method, financial analysis method, etc. From market performance, financial performance (solvency, profitability, respectively), From the perspective of growth ability and economic added value, this paper analyzes the implementation effect of Haikangwei equity incentive scheme. This study is helpful for enterprises to optimize their equity incentive scheme design and provide reference for listed companies to implement equity incentive. It helps us to understand the effect of equity incentive. At the same time, it is helpful to provide case support for equity incentive research in China.
【学位授予单位】：华东理工大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F272.92;F426.6

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