Lexin Science And Technology Dividend Incentive Implementation Effect Research

Caused by the separation of corporate ownership and management rights principal-agent problems affect the level of management and long-term development of the enterprise,the emergence of equity incentive and application for business operators more than a heavy the identity of the owner,make the operators from the perspective of the owner to operation and management of the company,combining its own interests and the interests of the enterprise,to a certain extent,to avoid the operator's short-term behavior In addition,in the market competition of incentive,talent is the knowledge economy era a scarcity of resources,how to lead to retention)is very important to the long-term development of the enterprise As a long-term incentive and restraint mechanism,equity incentive has great attraction to talents.Currently,many companies have implemented or are preparing to implement equity incentive.Equity incentive plans can successfully implement and achieve the desired effect is decided by many factors,the company how to choose suitable for their own equity incentive model How to determine the basic element of equity incentive plan,etc.,are to ensure the smooth implementation of the incentive plan Different listed companies choose to use different equity incentive motivation,the effect of the equity incentive can also owing to the different situationThis paper will by the case of restricted stock incentive Le Xin science to analyze these problems,some can make lessons for other companies.This paper adopts the method of combining theory with case study,taking the restricted stock incentive of Lexin Technology as the research object,analyzes and studies the implementation process of the incentive plan and the effect of the implementation before the implementation.According to the research idea and method,in this paper,the specific structure is as follows: first of all,this paper expounds the research background and significance of equity incentive,reviews the domestic and foreign scholars about the basic key elements of motive and effect of equity incentive incentive schemes aspects of theory and empirical research In the process of reviewing comb,found that the majority of scholars believe that the implementation of equity incentive has a positive effect on corporate performance,at the same time,the impact of differences and equity incentive is closely associated with design elements,thus making scientific and reasonable incentive scheme is very important to the implementation of equity incentive for enterprise success Secondly,this paper introduces the related concepts of equity incentive and the restricted stock,stock sources of equity incentive plan Grant number object Awarded price and unlock conditions such as basic elements are related to the described,in this part also introduces the principal-agent and dual factors theory of human capital,for later analysis provides a theoretical basis Then,for the restricted stock incentive plan Le Xin technology processes and motivation are introduced,and the financial performance and stable talent team Promote the scientific research innovation Optimize the governance structure and other aspects of the effect of the incentive plan are analyzed,the results show that the overall equity incentive to Le Xin science and technology has brought the positive effect of the above aspects Specifically,based on the operating profitability solvency ability development ability of the relevant financial indicators for Le Xin financial performance of science and technology are analyzed.Finally in order to ensure the optimization of equity incentive plan to comprehensive and effective implementation,this article also puts forward should strengthen the supervision over the equity incentive plan design and implementation process of the Improve corporate governance structure improve the external environment and a series of methods of the effective implementation of the equity incentive as a safeguard measure,make the equity incentive to achieve more ideal incentive effect,improve the management efficiency of equity incentive and the level of scientific management,improve the company's performance.