Research On The Impact Of H Stock's Virtual Stock Incentive On Corporate Performance

Talent and innovation are very important for every stage of development of each enterprise,especially for high-tech enterprises.As for how to effectively attract and retain talents,equity incentives as an incentive mechanism provide more solutions for enterprises.The virtual stock incentive plan closely associates the personal interests of employees with the development of the company by granting "virtual" stocks to the incentive objects.The two sides have established a mechanism of "shared risks and shared benefits",thereby guiding employees to work more actively and promoting the improvement of corporate performance.With the improvement of the domestic market economy system,equity incentives have been paid more attention and implemented by more and more enterprises.However,the problems,methods and specific measures faced by different enterprises in implementing equity incentive plans are different,and the results achieved are also different.In view of the company H's success in implementing the virtual stock incentive system,by summing up its successful experience,it can serve as a reference for other companies to implement the equity incentive system in the future.Second,analyze the implementation plan of the case,introduce H company's continuous improvement and improvement of the virtual stock incentive mechanism,and summarize the main characteristics of the system.For a long time,it is generally believed that equity incentives are only applicable to listed companies.This idea is biased.In fact,non-listed companies have fewer restrictions on equity incentives,so to a certain extent,non-listed companies are more conducive to equity incentive plans.This article takes private company H as the research object.First,to elaborate on the purpose and significance of the study,based on reading a lot of domestic and foreign literature on the impact of equity incentives on corporate performance,completed a literature review.And briefly introduced the relevant concepts and theories of equity incentives and virtual equity incentives.Finally,from the two aspects of financial indicators and non-financial indicators,we analyzed the impact of the current virtual stock incentive mechanism on company performance,and compared them with companies in the same industry.Insummary,while affirming the successful implementation of the virtual stock incentive mechanism by Company H,it summarizes its imperfections and proposes several optimization suggestions for these deficiencies.Through the research in this paper,it is found that the company H's virtual stock incentive mechanism promotes the company's performance and also plays a positive role in the company's R&D investment.The incentive mechanism and company performance complement each other and promote each other.At the same time,we must increase supervision at the national level and within the company to ensure that the virtual stock incentive mechanism plays a full role.