The Research Of Enterprise Long-term Performance's Evaluation System Based On The Management Incentives

In the field of business management research, many scholars focuses on the short-term performance, business life cycle, management incentives, remuneration and so on. They find their way in theory and practice constantly and have made many valuable business management guidance. But the economic cycle is still natural, began, scholars set their sights on the further study to the enterprise after the 2007 years recession. In basis of the practical and theoretical they research firm long-term performance for further study, and define, explore and research the firm long-term performance. Based on this theory here, by reading literature, practical exploration, from the perspective of business long-term performance, we explore the dialectical relationship between the business manager incentives and enterprises long-term performance.The enterprise long-term achievement will be. In which extent and how long will the Manager's current efforts affect the enterprise's future achievement?Based on the above two basic problems, the paper selected agent theory and regression analysis model to conduct the research. We select 20 that conforms to the condition form nearly thousand companies in Shenzhen and Shanghai Stock and carry on the data mining analysis form the relationship between the managers diligently and the company long-term achievements. The results showed that there is a significant positive correlation between the managers'diligent extent of listed companies and the company performance. Seen in the regression model, the manager of the current efforts to affect future results, probably significantly affected in the next five years, after the time the effect is gradually decreasing, until the regression effect disappears.From the theoretical and practical study, we see that managers'efforts not only affect the current performance, but also largely affect future results. In the following analysis, we added some management advice and incentive methods about managers to make sure manager's goals consistent with business goals in the maximum degree and mitigation the company loss in the maximum when faced recession, to retain its positive momentum.