Y Bus Co.,Ltd Equity Incentive Progress Effect And Evaluation

As a kind of long-term incentive equity incentive mechanism, in order to reduce agency cost, realize the important means of incentive compatibility, and scholars have been hot topics.Equity incentive system produced in the United States, in China really opened the reform of our country listed company equity incentive is December 31, 2005, the China securities supervision commission promulgated the measures for the listed company equity incentive and the state-owned assets supervision and administration commission of the state council and the ministry of finance promulgated in 2006 the state holding listed company trial measures for the implementation of equity incentive, the promulgation of the two files.China's listed company equity incentive is also prone to practice. Since 2006, the number of domestic a-share listed companies the implementation of equity incentive is on the rise as a whole. According to statistics, by 2013 the listed company equity incentive has been published in the announcement of the company A total of 538, passed by the general meeting of shareholders has 420, accounts for 18.67% of all the a-share listed companies. the implementation of equity incentive in a growing number of listed companies, to accumulate the equity incentive empirical research. In this background, this article on the basis of equity incentive theory and the research status quo, analysis of the present status of the domestic equity incentive, and combined with the characteristics of the industry, the case study for Y bus passenger, from Y bus of the equity incentive plan, the actual situation of using the related theory, comprehensive and detailed study of Y bus equity incentive plan, describes the content of the scheme, pay attention to the effect of its implementation, analysis the lack of incentives, combined with the feature of industry and enterprise itself put forward the author's suggestion, finally to summarize the full text of equity incentive in our country in the future was forecasted.