The mechanism of stock incentives has been greatly promoted by the "share structure reform" launched in May, 2005 in the securities market in China。On the basis of collecting and investigating the stock prices, financial information and substantial managerial activities of the listed companies which had declared their stock incentive plans after the share structure reform, the author analyzed the effects of stock incentive plans as well as existing problems among the listed companies. It is expected that the results of this research will contribute to the execution of stock incentive plans on a broader and more formal basis among the domestic listed companies in the future. |