实施员工持股计划对财务绩效的影响——以K公司为例

2013年以来,国家不断发表意见和决定来规范和指导企业员工持股计划的实施,该证监会指出,实施员工持股计划有助于使员工与公司之间的利益联系更加密切,也可以优化公司股权结构,提高公司效率,同时能够将合理募集资金更加有效地使用,进而使所有者与劳动者获得双赢,并还可在一定程度上有助于解决公司存在的问题,以促进公司财务绩效的提升。本文通过从公司获利能力、经营实力、偿债能力三个方面,分析了K公司员工持股计划实施后对公司财务业绩形成的影响,研究发现,该计划的实施对公司建筑行业中员工在短期内的财务绩效形成的影响并不突出。

Since 2013, the state has continuously issued opinions and decisions to regulate and guide the implementation of enterprise employee stock ownership plan. The CSRC pointed out that the implementation of employee stock ownership plan can help to make the interest relationship between employees and the company closer, optimize the company’s ownership structure and improve the company’s efficiency. At the same time, it can use the reasonably raised funds more effectively, so as to achieve a win-win situation for owners and workers, It can also help to solve the existing problems of the company to a certain extent, so as to promote the improvement of the company’s financial performance. This paper analyzes the impact of the implementation of K company’s employee stock ownership plan on the formation of the company’s financial performance from the three aspects of the company’s profitability, operating strength and solvency. It is found that the impact of the implementation of the plan on the short-term financial performance of employees in the company’s Construction industry is not prominent.