Relationship Between Equity Incentive and Corporate Performance in Listed Companies From the Empirical Point of View
- DOI
- 10.2991/ictim-17.2017.77How to use a DOI?
- Keywords
- Equity incentive, enterprise performance, incentive effect, empirical analysis
- Abstract
Equity incentive is an effective long-term incentive system to solve the principal-agent problems appeared in the middle of the twentieth Century, making managers able to participate in corporate decision-making with the identity of shareholders, share the profits and risks. Equity incentive promote the effective growth of enterprise performance. With the revolution of equity division of china, many listed companies were putting equity incentive on the agenda, and the internal governance situation and external market environment of public companies were greatly improved, which objectively promoted the fast development of stock ownership incentive mechanism. But the implementation of the equity incentive plan is different, the implementation effect of each are not identical. This paper studies to improve the understanding of equity incentive, improve the listing Corporation's equity incentive program, which helps to improve the efficiency of management of listing Corporation. This study attempts to implement equity incentive to domestic company as the research object, using the Shanghai and Shenzhen City listing Corporation data, by using the method of comparative analysis, case analysis, regression analysis, analysis of the relationship between equity incentive and corporate performance from the empirical point of view.
- Copyright
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yinghui Bai AU - Guohua Wang PY - 2017/09 DA - 2017/09 TI - Relationship Between Equity Incentive and Corporate Performance in Listed Companies From the Empirical Point of View BT - Proceedings of the International Conference on Transformations and Innovations in Management (ICTIM 2017) PB - Atlantis Press SP - 989 EP - 1007 SN - 2352-5428 UR - https://doi.org/10.2991/ictim-17.2017.77 DO - 10.2991/ictim-17.2017.77 ID - Bai2017/09 ER -