股權(quán)設(shè)計與激勵的風(fēng)險，主要來源于以下因素，下面山東股權(quán)激勵公司為你講解。

The risk of equity design and incentive mainly comes from the following factors, which are explained by Shandong Equity Incentive Company.

高管因素

Executive factors

在企業(yè)的股權(quán)設(shè)計與激勵過程中，高管的持股數(shù)量與時間總是有限的。而他們更關(guān)心的是其股票價值，而非公司長期價值。再加上股權(quán)價值的變動又不僅僅取決于高管本人努力，還會受到企業(yè)內(nèi)外、行業(yè)背景和市場大環(huán)境等因素的影響。這些都會制約股權(quán)設(shè)計和激勵的效果，甚至產(chǎn)生事與愿違的風(fēng)險。

In the process of equity design and incentive, the number and time of senior executives' shareholding are always limited. They are more concerned about the value of their shares than the long-term value of the company. In addition, the change of equity value is not only determined by the efforts of executives, but also affected by factors such as internal and external enterprises, industry background and market environment. All of these will restrict the effect of equity design and incentive, and even cause unexpected risks.

激勵方案問題

Incentive scheme issues

激勵方案如果有其缺陷，或者沒有完全被按照規(guī)定程序制定，就會帶來較大風(fēng)險。例如，激勵方案的制定者如果真是被激勵者范圍內(nèi)的員工，整個股權(quán)設(shè)計和激勵方案的風(fēng)險都會大為增加，股權(quán)設(shè)計與激勵可能會被操控，變成個人或小集體牟私利的工具。

If the incentive plan has its defects or is not fully formulated according to the prescribed procedures, it will bring greater risks. For example, if the maker of the incentive plan is really an employee within the scope of the incentive, the risk of the entire equity design and incentive plan will be greatly increased, and the equity design and incentive may be manipulated and become a tool for individuals or small groups to make private profits.

執(zhí)行風(fēng)險。

Execution risk.

無論方案多么的好，在執(zhí)行過程中，依然會由于內(nèi)部原因、外部環(huán)境或其他控制因素的影響，導(dǎo)致執(zhí)行結(jié)果偏離公司的長期目標。

No matter how good the plan is, the implementation results will still deviate from the company's long-term objectives due to internal reasons, external environment or other control factors.

財務(wù)指標風(fēng)險。

Financial indicator risk.

如果財務(wù)制度沒有完全真實體現(xiàn)出激勵對象的業(yè)績，或者存在不合理的會計政策，甚至有高管進行人為干預(yù),那么都會導(dǎo)致產(chǎn)生財務(wù)指標不真實的風(fēng)險。這樣，以財務(wù)指標為基礎(chǔ)的激勵方案就會存在風(fēng)險。

If the financial system does not fully and truly reflect the performance of the incentive object, or there are unreasonable accounting policies, or even senior executives intervene, it will lead to the risk of financial indicators being untrue. In this way, the incentive scheme based on financial indicators will have risks.

法律制度

legal system

如果法律制度或者監(jiān)管政策的變動超出了公司的控制范圍，影響到激勵方案的實施，也同樣會帶來風(fēng)險。

If the change of the legal system or regulatory policy is beyond the control of the company and affects the implementation of the incentive plan, it will also bring risks.

要求對整個公司業(yè)績有客觀的評價。由于國內(nèi)資本市場目前還不成然，公司價值往無法通過股價來進行確定，反而由市場積租來驚期，甚至被現(xiàn)出青離趨勢。因此，在股權(quán)設(shè)計和微閱過程中，微時對象很可能承擔(dān)潛在的市場風(fēng)險。更多相關(guān)股權(quán)的內(nèi)容就來我們網(wǎng)站http://www.qingyanghualv.com/咨詢！

An objective evaluation of the performance of the whole company is required. Because the domestic capital market is not yet in place, the value of the company can not be determined by the share price. Instead, it is surprised by the rent accumulation in the market, and even shows the trend of leaving. Therefore, in the process of equity design and micro-review, micro-time objects are likely to bear potential market risks. More equity related content can be found on our website http://www.qingyanghualv.com/ consulting service