股权分置改革拉开了解决中国证券市场制度性缺陷和深层次矛盾问题的序幕。与股权分置改革密切相关的“创新”也与时俱进、层出不穷。其中,股权激励也成为股改的一个“副产品”。股权激励是指公司将本公司发行的股票或者其他股权性权益授予公司高管人员,借以促进高管人员与公司 The non-tradable share reform opened the prelude to solving the institutional defects and deep-rooted contradictions in China’s securities market. The “innovation” closely related to the split share structure reform also keeps pace with the times and emerges in endlessly. Among them, equity incentive has also become a “by-product of share reform.” Equity incentive refers to the company issued to the company shares or other equity rights granted to the company executives, to promote senior management and company