关于股权激励模式对企业业绩的影响研究:基于高管企业家精神的调解效应分析
1School of Business Administration, University of Science and Technology Liaoning, Anshan City, China.
PloS one
|April 5, 2024
概括
有限制的股票激励措施通过鼓励高管承担风险和创新来提高公司业绩. 这种模式增强了企业家精神,对财务结果产生了积极的影响,尤其是在集中权力结构中.
科学领域:
- 工商管理 工商管理
- 企业金融公司财务
- 组织行为 组织行为
背景情况:
- 对股权激励措施的影响和因素进行了广泛的研究.
- 有限的文献探讨了各种激励模式及其对企业业绩的影响.
- 企业家精神作为股权激励机制的调解机制的作用需要进一步研究.
研究的目的:
- 调查股权激励模式中的高管选择,培养的创业精神和企业业绩之间的关系.
- 分析受限股票激励模式对高管风险承担和对创新投资的影响.
- 检查集中行政权力和研发投资如何调节这些关系.
主要方法:
- 对实施股权激励制度的上市公司的实证分析.
- 检查受限股票激励模式对公司业绩的影响.
- 机械测试,以探索高管的风险承担和企业家精神的作用.
主要成果:
- 限制性股票激励模式显著提高了企业业绩.
- 这种模式鼓励高管承担更多的投资风险,培养创业精神.
- 高管更有可能投资于高风险,高回报的创新项目,特别是在高研发投资和集中执行权力的公司.
结论:
- 限制性股票激励模式是通过加强高管风险承担和创新来改善公司业绩的有效策略.
- 创业精神是将股权激励与公司业绩联系起来的关键机制.
- 调查结果有助于理解主体-代理动态,执行行为和公司结果.
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