Value Management And Management Equity Incentive Study Of The Correlation

In the background of full-circulation, Market value management has become the focus of listed companies. As an important means of Market value management, Managerial Ownership Incentive has caused the attention of listed companies. Managerial Ownership Incentive is a long-term incentive mechanism. It can reduce agent cost, improve operation efficiency, push the managers to try their best to management the company and increase the value of enterprises. The paper will research the relationship between Market value management and Managerial Ownership Incentive.This paper's research method includes theory research and empirical research. After defining the market value management and Managerial Ownership Incentive, the paper has a summary of the relevant theories about them, and then analyzes the difference before and after Market value management. After an analysis of the present situation of Managerial Ownership Incentive, the paper analyzes the affecting factors from value creation and value realization, then research the relationship between Market value management and Managerial Ownership Incentive. According to the research conclusion, we find that the ability and growth of value creation, determinants of Ownership Concentration and the size of the company have an important influence for the level of equity incentive. The ability of value realization, the size of board of supervisors and the nature of enterprise doesn't have a big impact to the level of equity incentive; the ability of value realization benefits from Managerial Ownership Incentive, not the ability of value creation.We can see the defects of capital market and corporate governance structure. To solve the problem, this paper proposes suggestion from corporate governance micro-level and government macro-level.