| Contemporary enterprise system and keep the development and improvement of society has been an obvious characteristics,that is business operators and the interests of the shareholders goal spread out,of the enterprise managers to seek more benefit for himself,not to strive for the interests of the shareholders,so not only make the agency cost increase,and the serious infringement of the rights of shareholders,equity incentive this model is in order to overcome this phenomenon caused by the principal-agent problems and appear.In the developed world,the equity incentives implemented by some modern companies have been perfected from a long time ago.With the development of China’s economy,the market system is constantly improved,and the country’s economic policies are also constantly supported.These common factors make more and more enterprises in China adopt equity incentive to promote development.Many enterprises are more inclined to "adjust measures to local conditions" when adopting equity incentive.Equity incentive refers to some listed companies take their own stock as a mark object,and then give this mark object to the enterprise’s internal employees who meet certain conditions,so as to encourage the internal employees of the enterprise to promote the development of the enterprise for a long time,so that these people can obtain economic benefits through the floating of their own stock.It can make the enterprise to achieve the goal of value maximization,it integrates the short-term and long-term interests of the enterprise,and emphasizes that the enterprise should implement the sustainable development strategy.Enterprise value is a collection of unique resources of an enterprise,and it is the operation effect obtained by the operator and the shareholder within a certain period of time.It can facilitate the comparison between investors in different enterprises,which is mainly divided into operation effect and governance effect.From the overall perspective and objective evaluation of enterprise value is crucial for the long-term development of a company,because it can provide effective experience for some enterprises,in order to better design future goals and directions.In recent years,China has made continuous innovation in the direction of equity incentive policies,which also makes more innovative and technology-oriented enterprises tend to implement the equity incentive model.In this paper,through the screening of the environmental protection industry in our country enterprise,finally the large well-known enterprises-QD environmental technology co.,LTD.For a specific case study,both on the popularity and development prospect in strong representative,reading a lot of similar literature and various institutions such as reports,using the case method and event analysis,to the implementation of equity incentive motivation and implement to achieve the effect after careful analysis,hope to can to other environmental protection enterprise supply effective results.This article introduce company profile of QD first,a simple analysis of the main motivations of its USES two incentive mode,expounds the specific contents of the case company is carried out and the results produced by this model,and then from the equity incentive to implement the financial indicators and non-financial indicators of the effect of the two directions conduct in-depth mining,finally the QD the company to evaluate the effect of the implementation of equity incentive,absorb good experience,find out the deficiencies and put forward pertinent Suggestions,so that the future can be in the successful implementation of equity incentive,and the positive effect of the equity incentive play to the extreme. |
