The framework of this paper is to study the specific before and after the share reform on the basis of clarifying the relevant theories and concepts of equity incentiveUnder the background, by summarizing the relevant theoretical basis and research results of many scholars at home and abroad, make research hypotheses and selectTake appropriate variables to build a regression model, and put forward corresponding countermeasures and suggestions according to the empirical results. Within the specific studyThis paper mainly focuses on the following four aspects: (1) expounding the relevant theories of equity incentive; (2) Summarize the relevant theories of scholars at home and abroadOn the basis and research results; (3) Make research hypotheses and select appropriate variables to build a regression model; (4) For demonstrationResults the corresponding countermeasures and suggestions were put forward.