scholarly journals The Application of Blockchain Technology in Equity Incentive

2021 ◽  
Vol 235 ◽  
pp. 01025
Author(s):  
Jia Xu

With the advent of the blockchain era, employee incentives need to open up new ideas. The application of blockchain technology can promote the advantages of traditional equity incentive schemes and avoid weaknesses. Although there is still no mature ESOP on-chain solution on the market, and ESOP onchain still needs to consider a series of legal issues. The combination of equity incentives and blockchain technology is feasible. Due to the consensus mechanism of blockchain technology, grant and exercise information is recorded at each node on the chain. The implementation of the plan will be open and transparent throughout the process, avoiding the possibility of dark box operations. This is conducive to enhancing the credibility of the enterprise and enhancing employees’ trust in the enterprise, which can really play an incentive role.

Author(s):  
Hemraj Saini ◽  
Geetanjali Rathee ◽  
Dinesh Kumar Saini

In this chapter, the authors have detailed the need of blockchain technology along with its case studies in different domains. The literature survey is described that describes how blockchain technology is rising. Further, a number of domains where blockchain technology can be applied along with its case studies have been discussed. In addition, the authors have considered the various use cases with their recent issues and how these issues can be resolved using the blockchain technology by proposing some new ideas. A proposed security framework in certain applications using blockchain technology is presented. Finally, the chapter is concluded with future directions.


2018 ◽  
Vol 4 (4) ◽  
pp. 15
Author(s):  
Junda Yang ◽  
Yun Xia ◽  
Liu Yang ◽  
Zhongtao Zhang

At present, more and more private listed companies in our country realize the importance of corporate governance structure and equity structure, and also start to adopt a variety of equity incentive models to stimulate the business operators. How to evaluate the effect of private listed company's equity incentive measures? By taking the example of By-Health, this paper analyzes the effect of implementing equity incentive from financial performance, manager's behavior and market performance from three aspects: financial performance, manager's behavior and market performance, and puts forward relevant suggestions. With a view to providing useful reference and reference for improving the management of private enterprises and implementing equity incentives smoothly.


Author(s):  
Sreejith Balasubramanian ◽  
Shalini Ajayan ◽  
Cody Morris Paris

AbstractThere are significant challenges facing the medical tourism industry: privacy and transparency concerns, lack of access to centralized medical records, fraudulent practices, opportunistic behavior of intermediaries, foreign currency risks, and contractual/legal issues. While blockchain technology has immense potential to address the industry’s inherent challenges and inefficiencies, the current understanding of blockchain application in medical tourism is fragmented. Through a pragmatic review of the literature, this study explores the blockchain applications and benefits for medical tourists across the stages of the medical tourism value chain, and in the process, proposes a meaningful and managerially relevant blockchain framework for medical tourism. The findings and the proposed novel framework to guide policy interventions and support mechanisms to take advantage of the full opportunities of blockchain in medical tourism.


2021 ◽  
Vol 7 (5) ◽  
pp. 2392-2400
Author(s):  
Chen Huaitao ◽  
Deng Yanhong

Objectives: Since the China Securities Regulatory Commission (CSRC) issued the Measures for the Administration of Equity Incentives of Listed Companies, the equity incentives of A-share listed companies have become normalized, the discussion of the effect of the implementation of equity incentives on stock valuation can provide a reference for investors whether to choose listed companies with equity incentives for stock valuation. This paper uses python tool to select 30 A-share listed companies that formally started to implement equity incentives in 2018 and the proportion of equity incentives is between 4% and 6% as the sample, and uses cross-sectional data model for empirical analysis. The empirical results show that: first, the implementation of equity incentive in Chinese listed companies has a positive impact on stock valuation, and the impact of equity incentive on stock valuation is significantly better than that before implementation, and the incentive stocks have more investment value; Second, the conclusion is also suitable for Chinese tobacco related companies, which has important reference value for tobacco preference investors.


2018 ◽  
Vol 4 (4) ◽  
pp. 42
Author(s):  
Ahmed Aziz Hassan

Smart contracts can be defined as computer codes which are run digitally by computer programs to utilise the negotiation, formation, and performance of an automated and irreversible agreement between the contracting parties. Smart contracts are distinguished from other forms of contracts in terms of the way they are concluded which is through Blockchain Technology. In contrast to conventional contracts established through speech, written words or actions, smart contracts are algorithmic and self-executing agreements. In this article, smart contracts will be discussed from the perspective of their general rules and features and the Iraqi law. This study analyses the formation mechanisms of the general principles in Iraqi law governing the contracts and how these mechanisms can be applied to the new technological framework of smart contracts. In addition, integrating smart contracts into the current legal provisions in Iraq is examined.


Author(s):  
Olena Ovcharuk

The article deals with the topical issues of the research of staff incentive and en-gagement essence at the enterprises of both budgetary and commercial spheres in the context of their effective management and improvement of innovative activity. The article states that the incentive and engagement scheme, based on a comprehensive assessment of staff, makes it possible to accomplish a number of important tasks: to identify the degree of professional compliance of a candidate with the requirements for specific job functions; to calculate the ratio of “cost-result of work” of an individual employee; to compare the labour costs of different employees in the team and identify factors that affect significant deviations in performance; to work out the optimal mechanism of staff incentive and engagement aimed at solving the identified problems; to determine the criteria for assessing the effectiveness of motivational and stimulating tools. On this basis, business entities form an objective need to develop effective instruments for tangible and intangible incentives, as well as to improve the existing ones and develop new methods of staff assessment. At the same time, the existing tools of staff incentive and engagement do not fully meet the needs of modern organizations. This contradiction determined the choice of the topic for our research. The purpose of the research is to develop methodological approaches and practical recommendations for improving staff incentive and engagement scheme. In our opinion, the methodology for assessing the effectiveness of the employee incentive scheme should consist of a set of indicators that evaluate “economic effectiveness”, “social effectiveness”, “effectiveness for employers” and “effectiveness for employees”. The author proposes the methodology of assessing the effectiveness of the incentive scheme, which will best reflect the specifics of an enterprise activity. This methodology includes a set of indicators to evaluate the “economic” and “social” components of the effectiveness, as well as to take into account the effect for both employees and employers. The article considers the identified disadvantages of employee incentive schemes in organizations of both budgetary and commercial spheres, which determines the necessity of a more in-depth and comprehensive study of the features and problems of employee incentives in organizations of any sphere. Thus, the use of the proposed methodology will make it possible to comprehensively assess the effectiveness of employee incentive schemes in both budgetary and commercial areas and on the basis of the obtained results will promote making reasonable management decisions.


2020 ◽  
Vol 9 (4) ◽  
pp. 161
Author(s):  
Wenyun Tang

<p>With the promotion of 5G technology, my China’s cross-border e-commerce has developed rapidly, and while achieving outstanding results, some shortcomings have also emerged one by one. As cross-border e-commerce involves more regions, links, and legal scopes, there are problems of security and “trust” gaps in actual operations. In response to this problem, connected with current reality and provide new ideas for the practical dilemma of blockchain technology application, this paper studies the ice-breaking mechanism of the current dilemma faced by cross-border e-commerce by using blockchain technology.</p>


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