Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023)

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A Study on the Motivation for Implementing Employee Stock Ownership Plan in Goodix

Authors
Zhuo Cai1, *, Jingmei Ren1, Xinrui Bu1, Tianqi Zhang1
1Lanzhou Jiaotong University, Lanzhou, 730070, China
*Corresponding author. Email: 1406325810@qq.com
Corresponding Author
Zhuo Cai
Available Online 10 January 2024.
DOI
10.2991/978-94-6463-344-3_60How to use a DOI?
Keywords
Employee Stock Ownership Plan; Incentive Mechanism; Motivation Analysis; Science and Technology-based Enterprises
Abstract

Employee stock ownership plan as a company's internal incentive mechanism was first implemented in the United States in the 1960s and then received the attention and research of scholars from various countries. In China, despite the early implementation of the employee stock ownership plan, which has a history of more than 40 years, exploring it is a series of twists and turns. 2014 the Securities and Futures Commission restarted the employee stock ownership plan. China's practical application of this system and the related field of research has been a faster development. This paper chooses Goodix, a representative enterprise in the field of fingerprint identification chips, as a case study to explore its motivation for introducing an employee stock ownership plan in 2019 and implementing it so far to enrich further the case base of China's employee stock ownership plan and provide a reference for enterprises to choose to implement an employee stock ownership plan.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
10 January 2024
ISBN
978-94-6463-344-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-344-3_60How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Zhuo Cai
AU  - Jingmei Ren
AU  - Xinrui Bu
AU  - Tianqi Zhang
PY  - 2024
DA  - 2024/01/10
TI  - A Study on the Motivation for Implementing Employee Stock Ownership Plan in Goodix
BT  - Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023)
PB  - Atlantis Press
SP  - 538
EP  - 543
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-344-3_60
DO  - 10.2991/978-94-6463-344-3_60
ID  - Cai2024
ER  -