Welcome to Francis Academic Press

International Journal of Frontiers in Sociology, 2021, 3(13); doi: 10.25236/IJFS.2021.031310.

Problems and Suggestions of Employee Stock Ownership Plan of Jiai Technology

Author(s)

Jianwei Ma, Tiantian Zhang  

Corresponding Author:
Jianwei Ma
Affiliation(s)

Lanzhou University of Technology, Gansu, Lanzhou, 730050, China

Abstract

This article elaborates on the implementation of Jiai Technology’s employee stock ownership plan from the aspects of the issuance object, the source of funds and stocks, the price of the underlying stock, and the management model. Evaluate the implementation effect of the employee stock ownership plan through three aspects: solvency, market valuation and R&D capabilities, and then found that the employee stock ownership plan has narrow incentive targets, too low employee shareholding ratio, lack of performance appraisal conditions and other problems, and put forward targeted suggestions.

Keywords

Employee stock ownership plan, Incentive effect, Suggestions, Jiai Technology

Cite This Paper

Jianwei Ma, Tiantian Zhang. Problems and Suggestions of Employee Stock Ownership Plan of Jiai Technology. International Journal of Frontiers in Sociology (2021), Vol. 3, Issue 13: 62-67. https://doi.org/10.25236/IJFS.2021.031310.

References

[1] Zhou Donghua, Huang Jia, Zhao Yujie. Employee Stock Ownership Plan and Enterprise Innovation [J]. Accounting Research, 2019, (03):63-70.

[2] Hao Yongliang, Jin Xin, Zhang Yongji. Employee Stock Ownership Plan under the "Fog of Reduction in Holding"-A Comparative Analysis Based on Equity Incentives [J]. Management Review, 2019, 31(10): 164-177.

[3] Han Guangqiang, Xu Yuan, Shi Dongliang. The Impact of Employee Stock Ownership Plans on Corporate Performance-Based on Listed Companies on the Growth Enterprise Market [J]. Business Economics Research, 2019, (12): 168-170.

[4] Meng Qingbin, Li Xinyu, Zhang Peng. Can Employee Stock Ownership Plans Promote Corporate Innovation?-Based on Empirical Evidence from the Perspective of Enterprise Employees [J]. Management World, 2019, 35(11): 209-228.

[5] Chen Yunjia, Lu Changjiang, Huang Haijie, etc. Why do Listed Companies Choose Employee Stock Ownership Plans?-Evidence Based on Market Value Management [J]. Accounting Research, 2020, (05): 91-103.

[6 ]Chen Dapeng, Shi Xinzheng, Lu Yao, Li Zhuo.Employee Stock Ownership Plan and Financial Information Quality [J].Nankai Management Review,2019, 22(01): 166-180.

[7] Miao Ling,Lei Lanxin,Wu Jiali.Exploratory Research on Employee Stock Ownership Plan to Improve Company Performance[J].Market Weekly,2020(03): 21-22.

[8] Xia Xin, Gui Lin, Fang Chaoyan. Effect analysis and improvement countermeasures of SG group company’s employee stock ownership plan[J]. Finance and Accounting, 2018, (11): 37-39.