The Design Path of the Employee Stock Ownership Scheme of the Conventional Holding and Mixed Ownership Enterprises

¹ State Grid Energy Research Institute Co., Ltd., Beijing, China
² State Grid Corporation of China, Beijing, China

^* Corresponding author: wanghan@sgeri.sgcc.com.cn

Abstract

Employee stock ownership is one of the common medium and long-term incentive methods for state-controlled mixed ownership. As the current state-controlled mixed-ownership enterprise employee shareholding is still in the pilot stage, the State-owned Assets Supervision and Administration Commission of the State Council is still relatively strict on the implementation of relevant conditions for enterprises. Based on the analysis and research on the relevant policies and corporate practices of employee stock ownership, this paper puts forward the implementation path of state-controlled mixed ownership enterprises to carry out employee stock ownership, and gives reminders and early warnings of common risks in the implementation process.