Analysis On The Incentive Effect Of Restricted Stocks Of Goodix Technology

With the continuous improvement of China’s equity incentive system and the continuous innovation of relevant theories,it has certain positive significance for the exploration of China’s listed companies in the reform of equity incentive system.Equity incentive solves the principal-agent problem,reduces the loss of technical backbone,introduces high-quality talents,realizes the company’s long-term and steady development strategy,and improves the company’s international competitiveness.In the context of national innovation development strategy,sino-US economic and trade war and global epidemic,high-tech companies with scientific and technological innovation as the core are playing an important role in market economy and playing an increasingly prominent role in development.This paper discusses in detail the operation of Goodix Technology co.,LTD.,the leader in the IC industry,and introduces in detail the actual situation of the company and the specific content of the implementation plan.This paper theoretically combs the relevant literature,and takes Goodix Technology as an example to analyze the implementation of its scheme.According to the specific content of the restricted stock incentive plan of Goodix Technology from2017 to 2020,the influence of restricted stock on corporate performance is analyzed,assuming that the external environmental impact does not exist.This article uses the event study method to analyze the short-term market effect of restricted stock incentive of Goodix Technology,and evaluates the financial effect of equity incentive of Goodix Technology from the perspective of financial ability,and evaluates the non-financial effect of employee turnover,r&d results and so on.Combined with the industry characteristics of enterprises,targeted analysis of the incentive plan,find out its plan can be used for reference and need to improve the place.Top four times of science and technology to remit the analysis of the restricted stock incentive,remit the top science and technology after the implementation of restricted stock incentive schemes,and to the promotion of overall performance results in stable development and attract high-quality talent has positive influence on,from the part of the performance indicators,the restricted stock incentive release to send top science and technology has brought the financial indicators of the growth,However,there are some positive effects only in the initial stage of incentive implementation,and there is the problem that the temporary effect of incentive is not ideal.The follow-up measures for the incentive plan of restricted stock of Goodix Technology mainly include: enriching the evaluation indexes in the program design,granting price should have incentive effect,and establishing long-term evaluation goals.To extend to the whole industry,it is necessary to improve the program elements,diversify the program content,and introduce the industry average as a parameter.To sum up,this paper takes Goodix Technology as a case,which is helpful for high-tech companies with scientific and technological innovation to better set incentive content and effectively improve benefits when implementing restricted stock incentive programs.