20 companies listed equity incentive plan put forward less than a year

 Into the New Year, listed companies continued to show a blow-equity incentive Status: January 12 only the day, there are feelings of Hunan, Hubei, transfer of shares, Sunshine City, the three companies together to push the equity incentive. Since last November so far, 36 companies have disclosed equity incentive plan is 48% of last year, has disclosed share of 1.301 billion copies of equity incentive is 46% of last year, 20 small plates, the GEM companies listed for less than a year to make equity incentive plans.

equity incentive continue to heat up

and stock market prices down, , with the performance of the recovery, trigger a new round of listed companies in the introduction of equity incentive plans, statistics show that since 2010 there are 75 companies and implementation of equity incentive programs proposed, the total share of 2.994 billion copies, to last November, the introduction of equity incentive plans of listed companies surged once again, the momentum continues even to this year.

small board, the GEM company is undoubtedly the main driving force, bottlenecks faced by equity incentives to promote entrepreneurship is the second best choice. , of which there are 20 companies listed in the year just completed, of which, two shares of Lin proposed a three-month listing equity incentive plan.

equity incentive indicators continued to rack

< p> recent equity incentive programs are generally disclosed in the company's return on net assets and net profit growth in financial indicators as an incentive, many listed companies incentives to set the threshold high prices, incentive indicators continue to hit new highs: January 12 disclosed Hunan, Hubei, Love equity incentive plan for the implementation of the conditions for the examination in 2010 net profit increase of 120% of the base year, 145%, 175% and 210%, and most cattle before the Royal Bank share incentive schemes, such as Xinhua compares favorably , Royal Bank of incentive stock options in 2010 net profit growth target of 80%, 160% in 2012, 2015, 400%.


indicators also encourage some companies set too low, relative to the high threshold index company, not to the executives with golden handcuffs and more like a bribe. as part of the net profits of small companies set at 10% annual growth, individual indicators of lower net profit of large companies, mainly on the revenue targets; in the implementation of respect the provisions of a company able to fulfill the current target incentive share option exercise will be postponed to the next stage, according to indicators of the implementation of the next exercise. and stringent corporate incentive, such as Xinhua provide that the company currently able to fulfill the targets will be recovered and written off will not be extended. In addition, the general equity incentive programs are basically the exercise price before the announcement listed the average price of subject incentives, but some companies exceptions, the exercise price before the announcement of incentive schemes only average 20 to 50 %.

In addition, the name of equity incentive in the market criticism of the high growth, control constraints are not in place. (This article Source: Securities Times Online on: Shao Xiaomeng)