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企业业务转型是产业转型升级的重要途径,多元化并购是上市公司进行业务转型的重要方式。组织惯性对多元化并购会有阻碍作用,需要通过绩效考核和股权激励等创新手段克服阻力,同时需要形成多元化并购的推动力量。行权条件与并购标的企业业绩挂钩的股权激励计划可以形成促进多元化并购的聚焦点。分拆上市将进一步放大多元化并购和股权激励的正效应。
Business transformation is an important way for industrial transformation and upgrading. Diversified M & A is an important way for listed companies to conduct business transformation. Organizational inertia can hinder diversified mergers and acquisitions, overcome obstacles through innovative measures such as performance appraisal and equity incentive, and at the same time, form a driving force for diversified mergers and acquisitions. Equity incentive plans that align the performance criteria with the performance of the underlying company can form the focal point for diversified acquisitions. Spin-off will further amplify the positive effects of diversified mergers and acquisitions and equity incentives.