In today’s era,with the rapid development of the global economy,enterprises have also entered the stage of expansion,and the ownership and management rights of enterprises are highly separated.Nowadays,in order to alleviate the conflict of interests between shareholders and operators,many enterprises have begun to carry out equity incentive to motivate operators.The design of equity incentive scheme directly affects the final implementation effect,and the implementation effect will also be reflected in the financial performance of the enterprise.In today’s economic environment,the competitiveness of all walks of life is becoming increasingly fierce.In order to enhance the competitiveness of enterprises by improving their financial performance,it is particularly important to study how to optimize the equity incentive scheme that is more conducive to the long-term development of enterprises.This thesis will take S company as one of the leading enterprises in the home appliance industry as the research object.First of all,it introduces S company in detail.It first describes the background and motivation of implementing equity incentive,and then describes the content and implementation of the four-period equity incentive plan issued by S Company.Secondly,this thesis conducts a horizontal and longitudinal study on S company’s financial performance by combining qualitative and quantitative methods.From a longitudinal perspective,by studying the changes of financial indicators before and after the implementation of each equity incentive scheme,the degree of impact of the scheme on corporate financial performance is analyzed,so as to judge the applicability and rationality of the equity incentive scheme for S company.From horizontal perspective,by choosing were similar in scope and popularity of the two has been the implementation of equity incentive company and two of the implementation of equity incentive,according to its financial performance,determine the equity incentive is to improve the enterprise’s financial performance has a positive impact,through the company S and two has been the implementation of equity incentive plan enterprise financial performance contrast,known,Although S company equity incentive is effective,there are still some deficiencies.Finally,it specifically analyzes the shortcomings of S company’s equity incentive plan in improving financial performance: single performance evaluation index,high exercise conditions,and too single incentive method;And put forward targeted optimization strategies: design a scientific and reasonable performance evaluation index system,formulate reasonable exercise conditions,and adopt diversified incentive methods to improve financial performance.We hope that it can provide some reference for the implementation of equity incentive in S company in the future,and it is also of reference for other enterprises in designing equity incentive scheme. |