The relationship research between equity incentive and operating performance in listed companies

This article adopted the entropy method to measure the operating performance of listed companies, used the percentage of capital stocks that was designed as equity incentive in total capital stocks as a explanatory variable and made use of regression method to set up a model and analyze empirically. And the main conclusion were as follows: (1) There existed nonlinear relationship between senior management shareholding ratio and company operating performance. (2) Combined theory existed between senior management shareholding ratio and company operating performance. (3) Company growth ability hardly affected senior management shareholding and company operating performance. (4) Company scale obviously affected senior management shareholding and company operating performance.