The Analysis Of The Employee Stock Ownership Plan Of Shandong Luqiao Group Co.,Ltd

The establishing of ESOP with Chinese characteristics has vital practical significance in impeling the state-owned enterprise reform, promoting the establishment of the modern enterprise system, and arousing the staffs enthusiasm, the creativity.Through studying ESOP of Shandong Luqiao Group Co.,Ltd, analyzing the existing problems in carrying on the plan, this article discusses the way and the method to consummate the plan, which has important guiding meaning for the healthy development of the Shandong Luqiao Group Co.,Ltd.At the same time, the improvement and the success implementation of ESOP of the Shandong Luqiao Group Co.,Ltd, a typical representative of the state-owned large-scale construction enterprise, will provide certain model for other enterprises.Based on the summary of the predecessor's research results, by combining the management science, economics, sociology, politics and statistics theories, this article studies ESOP of the Shandong Luqiao Group Co.,Ltd by means of theory deduction, real diagnosis research and statistical analysis.First, The basic point of ESOP of the Shandong Luqiao Group Co.,Ltd is that it causes the staff to be engaged in the investment they have made which is closely related to the enterprise's profit level, the property multiplication and the long-term development ability and integrate the plan with the social security system to create safeguard safety after they retired. Next, The design and the implementation of ESOP is a dynamic process. We must take the enterprise strategy as the premise, and fully inspect the enterprise's interior, exterior factors in its design. After having the scientific plan, we also must thoroughly understand the operation rule and the action mechanism of the plan to make adjustment. Finally, holds the ESOP of Shandong Luqiao Group Co.,Ltd existing problems, proposed as follows suggested:(1)Establish a scientific corporation governance structure;(2)Improve the management process;(3)Normative value assessment system;(4)Strict performance appraisal institution;(5)Perfect incentive mechanism;(6)Build execute culture.