The Research of the Development Process of Equity Incentive in China

DOI

10.2991/aebmr.k.210319.006How to use a DOI?

Keywords

Agency problem, Equity incentive, Development process, Problems, Suggestions

Abstract

The equity incentive system originates from western developed market economy countries. In the past few decades, the development of the equity incentive system has been ignored at the beginning and then widely concerned. Since China’s reform and opening up, it has gradually explored the implementation of equity incentive system in China’s listed companies, among which the equity incentive system for senior managers has widely existed. This paper first discusses the important cause of the equity incentive system: the agency problem. Then it describes the development process and types of equity incentive system in China and analyzes the obstacles and challenges in the development of the equity incentive system in China. Moreover, this paper pointed out some situations of equity incentive implementation where need to improve.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zhehua Chen
PY  - 2021
DA  - 2021/03/22
TI  - The Research of the Development Process of Equity Incentive in China
BT  - Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021)
PB  - Atlantis Press
SP  - 25
EP  - 30
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210319.006
DO  - 10.2991/aebmr.k.210319.006
ID  - Chen2021
ER  -