Research On The Practical Problems Of The Equity Incentives In The New Three Board Enterprises

December 31,2013,the share transfer system for the country to receive business applications,has become a national non-listed shares of the company’s equity trading platform,the new three-board market development continues to rise in the trend.However,as a new form of share transfer,enterprises in the practice of operation inevitably problems,the author mainly on the new board of three enterprises to study the equity incentive practice.This dissertation starts from the overview of the equity incentive of the new three board enterprises,expounds the present situation of the equity incentive of the new three board enterprises,and points out the common problems of the equity incentive of the new three board enterprises and puts forward the countermeasures.Mainly divided into the following three parts:The first part,mainly for the new three board enterprises equity incentive situation was described.This dissertation introduces the current situation of the new three-board market equity incentive,illustrates the development of the new three-board market and the application of the equity incentive of the new three-board enterprise.Then,the relevant laws and regulations of the equity incentive of the new three board enterprises are listed,including the Company Law,Enterprise stock transfer system listed company information disclosure rules(Trial)"," national small and medium enterprises share transfer system business rules(Trial)"and so on.The second part analyzes the necessity of the new three board enterprises to carry out equity incentive.Mainly divided into four areas: the company is conducive to the optimization and upgrading of equity;is conducive to the company to enhance the centripetal force;is conducive to the stability of the internal management structure;is conducive to the absorption of outstanding talent.The third part points out the common problems and the standard measures in the operation of the equity incentive of the new three board enterprises.It mainly includes six aspects: the way and standard of equity incentive mode,systematically expounded the general way of equity incentive,mainly stock option model,stock appreciation right mode,restrictive equity model,virtual stock model,equity holding model,dry stock model.And the application model of the equity incentive of the new three board enterprises is systematically explained.The problem and the specification of the purchase fund are mainly analyzed and the solution to the source route of the fund raising in the new three board market equity incentive is given,To solve the problem of financing methods;equity incentive shares of the source issues and norms,including the company to buy shareholder shares,the company issued new shares and shareholders directly transfer the three aspects of equity,for these three shares raised the problem and elaborated the measures;Which is mainly concerned with the factors influencing the pricing of the shares and the problems that need attention.The compliance of the holding platform mainly expounds the types and precautions of the holding platform and the increase of the holding platform.impact of restrictions on holdings of platforms and solutions;equity incentive target compliance and regulatory issues,describes the emergence of companies have chosen the object of motivation problems and compliance measures.Equity incentive is a long-term incentive for the enterprise to allocate part of the equity to the core staff,so that the operator and the employee participate in the enterprise decision-making together as a shareholder to keep the core staff and realize the risk of sharing profit and share risk.Listed on the new board of three companies,most of the emerging technology-based enterprises,business survival,long-term development can not be separated from the introduction and retention of talent.Equity incentive as an important means to attract talent to retain talent in the company for the core staff for the benefit of the same time,for their own development is also very positive role in the development of equity incentives to help companies optimize the internal governance structure,is conducive to enhancing their own market competitiveness,Promote enterprises to enhance cohesion to promote enterprises in a healthy and orderly direction of stable development.