浙江苏泊尔股份有限公司股权激励的动机与效果案例研究  

Study on the Motives and Effect of Equity Incentives of Zhejiang Supor Co., Ltd

作　　者：王楠 Wang Nan(Hubei University of Economics,Wuhan 430205)

机构地区：[1]湖北经济学院,湖北武汉430205

出　　处：《中阿科技论坛（中英文）》2022年第5期80-83,共4页China-Arab States Science and Technology Forum

基　　金：湖北经济学院2021年研究生科研项目“苏泊尔股权激励的动机与效果案例研究”。

摘　　要：股权激励是缓解上市公司因企业的所有权和经营权分离而产生代理问题的重要手段之一。本文以产权变更为视角,以经历了家族企业和外资企业产权性质变化的浙江苏泊尔股份有限公司(以下简称“苏泊尔公司”)为研究对象,运用事件研究法和比较分析法,对苏泊尔公司成功实施的三次股权激励方案的动机及市场反应进行分析,重点研究了其行权条件的设置,并在此基础上提出了苏泊尔公司及同类企业股权激励设计优化的建议。Equity incentive is one of the significant means to alleviate the agency problem of listed companies arising from the separation of ownership and management rights.From the perspective of property rights change,taking Zhejiang Supor Co.,Ltd.(hereinafter referred to as“Supor Company”),which has undergone changes in the nature of ownership of family-owned and foreign-funded enterprise as the research subject,and using the event research method and comparative analysis method to analyze the motives and market reactions of the three equity incentive programs successfully implemented by the Supor Company,with the setting of its exercise conditions as the focus,and on this basis put forward suggestions for the optimization of the equity incentive design of Supor and similar enterprises.

关 键 词：股权激励 产权变更 行权条件 市场反应 

分 类 号：F426.6[经济管理—产业经济] F272.92