股利分配對上市公司影響的分析

頁數(shù) 21 字數(shù) 12908

摘 要：上市公司的股利分配政策一直是證券市場和廣大投資者關(guān)心的問題。然而最近的研究表明我國上市公司的股利分配中存在著嚴重的不規(guī)范，特別是上市公司不分配數(shù)量逐年增多。因此，規(guī)范我國上市公司股利政策勢在必行。
本文對我國上市公司近幾年的股利分配狀況進行了分析，然后多角度地探討了股利分配現(xiàn)狀存在的問題及其成因；通過股利分配對我國上市公司價值和未來業(yè)績影響的實證分析和借鑒國外上市公司股利分配的實踐，提出了對上市公司股利分配的觀點和看法。

關(guān)鍵詞：上市公司,股利分配,回歸分析,現(xiàn)金股利,股票股利

Abstract: The dividend policy of listed firms is cared for by investors and market. Nevertheless, recent researches indicate that there are severe abnormal behaviors on dividend policy of listed firms, especially the number of no assignment listed firms increases by years, so it is imperative under situation that government takes effective measures to criteria the dividend policy of Chinese listed firms.
The paper analyzes the conditions of allocating dividends the recent years, secondly explores the questions and reasons in different aspects; Finally, will analyses the influence of the dividend distribution to listed company’s value and the future achievement, and to overseas listed company dividend assignment model, suggests how to standardize the action of allocating dividends about listed companies.
Key words：Listed company；Dividend distribution；Regression；Cash dividend；Stock dividend
參考文獻

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