摘 要：股权激励机制从发展至今有近 60 年的历史，实践证明股权激励制度是有效处理公 司股东和经营者之间委托代理问题的方式之一。它也是一把双刃剑，优秀的股权激励有助 于企业的发展，不合理的股权激励也会成为公司业绩的拦路虎。本文中的案例华为公司作 为我国股权激励的典范公司，研究其股权激励对于微观公司主体及宏观经济发展都具有积 极而现实的意义。因此，从华为公司的实际情况着手，运用系统理论和知识为基础，根据 华为近几年的财务数据等的研究，较为细致的论述了华为公司股权激励方案的优点及其缺 点。通过华为公司引发的启示，由小见大地提出了相应改进国内股权激励弊端的举措。91018

关键字：股权激励，公司治理，华为

Abstract: Equity incentive mechanism from the development so far has a history of nearly 60 years, the practice proved effective processing company equity incentive system is one of the ways in which the principal-agent problems between shareholders and managers。 It is also a double-edged sword, good equity incentive is helpful to the development of the enterprise, the unreasonable equity incentive will be in the company's performance。 In this paper, in case of Huawei as a model of equity incentive in our country, the representative research。 To study the equity incentive for micro main body and macro economic development has a positive and realistic significance。 So, start from the actual situation of the company, using system theory and knowledge as the foundation, according to the research of the recent financial data such as Huawei, a more detailed discusses the Huawei company the advantages and disadvantages of equity incentive plan。 See through the Huawei company, caused by small earth puts forward the corresponding improvement the disadvantage in the domestic equity    incentive measures。

Keywords: stock ownership incentive,corporate governance, huawei

目 录

1 引言……………………………………………………………………… 4

1。1 研究背景…………………………………………………………… 4

1。2 研究意义…………………………………………………………… 4

1。3 文献综述…………………………………………………………… 4

2 股权激励概述……………………………………………………… 5

2。1 股权激励的概念…………………………………………………… 5

2。2 股权激励的原理……………………………………………………