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Research On Financial Performance Of HTGK Co.,Ltd.Equity Incentive

Posted on:2021-04-18Degree:MasterType:Thesis
Country:ChinaCandidate:J Y LvFull Text:PDF
GTID:2439330626462715Subject:Accounting
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Since the reform and opening up,my country's economic development rate has continued to increase,the company's operating scale has continued to expand,and the company's ownership and management rights have gradually separated.In order to solve the principal-agent problem between owners and managers,more and more listed companies have begun to implement equity incentive policies.Since the implementation of equity incentive policies started late in my country,there are still many deficiencies in the formulation of equity incentive plans,and many companies' equity incentive plans have not achieved the expected implementation results.As a leader of a high-tech enterprise,HTGK is trying to attract more excellent talents through equity incentives to realize the innovation of the company's business model,continuously open up product markets,and improve the company's financial performance under the background of stable development in the industry.However,HTGK's equity incentive plan has not achieved the expected effect of improving financial performance.There are still some problems in the equity incentive plan and its implementation,so this article conducts an in-depth study on this.This article uses a special research method to study the impact of HTGK's equity incentive plan on financial performance.The specific research ideas are as follows: First,the research background and significance of the selected topic are elaborated,the relevant literature at home and abroad is reviewed,and the research content and methods of this article are summarized,and the innovations of this article are proposed.Secondly,it defines the related concepts and policy explanations of equity incentives and financial performance,and expounds the theoretical basis of the principal-agent theory and incentives involved in this study.Once again,the overall overview of HTGK company and the company's financial status are explained,and then the equity incentive plan and implementation are discussed.Next,the path of HTGK's equity incentive plan to financial performance is analyzed and elaborated,and the changes of various financial performance indicators before and after equity incentive to reflect the financial effect of equity incentive effect,and it is concluded that HTGK equity incentive does not achieve the expected effectin conclusion.It also evaluates the financial performance advantages and disadvantages of HTGK's equity incentives,puts forward suggestions to improve equity incentives to improve the company's financial performance,and finally summarizes the research conclusions,deficiencies and prospects of this article.Through the research and analysis of HTGK's equity incentive policies,this article can provide policy guidance for HTGK's successful implementation of equity incentives in the future,and promote the improvement of equity incentive programs,so that equity incentive programs can better improve the company's financial performance.At the same time,the shortcomings of the equity incentives of the case companies can provide policy recommendations for other listed companies to formulate sound equity incentive plans to promote listed companies to improve their financial performance.
Keywords/Search Tags:Equity incentive, Financial performance, Implementation effect
PDF Full Text Request
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