Problems and Suggestions of Employee Stock Ownership Plan of Jiai Technology

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.