股权激励机制始于20世纪70年代末的美国,并在20世纪末期得到了迅速的发展。在中国,开始讨论股权激励始于20世纪90年代初,最早探索股权激励机制的公司是深圳万科。进入21世纪,随着互联网经济大潮在中国的蓬勃发展,各个公司都注意到了股权激励对管理人员的激励和约束作用,股权激励开始成为上市公司进行公司治理的重要手段。本文希望以股权激励为基本概念,重点介绍进行股权激励容易导致的误区和股权激励要素。 The equity incentive mechanism started in the United States in the late 1970s and was rapidly developed in the late 20th century. In China, we began to discuss equity incentive from the beginning of the 1990s, the earliest company to explore equity incentive mechanism is Shenzhen Vanke. In the 21st century, with the vigorous development of the Internet economy in China, all companies have noticed the incentive and restraint effect of equity incentive on managers. Equity incentive has become an important means of corporate governance for listed companies. In this paper, I hope equity incentive as the basic concept, focusing on introduction of equity incentives easily lead to errors and equity incentive elements.