The company's futures shares are embodied in the enterprise, that is, the enterprise lends money to the operator as its share investment, and the operator has the ownership, voting and dividend rights. Among them, the ownership is virtual, and it can only be actually owned after the loan for purchasing futures shares is paid off. The voting right and dividend right are real, but dividends cannot be taken away and need to be used to repay futures stocks. If you want to turn futures stocks into real stocks, the prerequisite must be to run the enterprise well and have dividends to distribute. If the enterprise is not well managed, not only can the futures stock not be realized, but also its own investment may be wiped out.
The biggest advantage of futures stocks is that it is difficult for managers to realize stock returns in a short time. The appreciation of stock is closely related to the appreciation of enterprise assets and the improvement of efficiency, which urges managers to pay more attention to the long-term development and long-term interests of enterprises, thus solving the short-term behavior of managers to some extent. The new incentive model of annual salary plus futures shares is increasingly recognized by many enterprises, and gradually becomes an effective measure to implement long-term incentives for operators after the annual salary system. The second advantage of futures stocks is that the stock returns of operators will be long-term, so the interests of operators will be gradual and dispersed. To some extent, it overcomes the contradiction that the income gap between operators and employees is too large due to one-time reward, which is conducive to stability.