创业板上市公司股利政策影响因素分析

发布时间：2018-01-15 08:04

本文关键词：创业板上市公司股利政策影响因素分析　出处：《辽宁大学》2012年硕士论文　论文类型：学位论文

【摘要】：股利政策是公司理财活动的重要内容之一，股利分配政策的影响效果不仅涉及到投资者所获收益，同时还会向市场传递企业经营情况的信息。因此，对股利政策的研究吸引了大量的国内外学者。西方对股利政策的研究起步很早，我国学者从改革开放以来开始借鉴西方学者的研究经验和研究成果，结合我国实际情况进行研究也取得了很多突破性的研究成果。从实际情况出发，分析中国的创业板上市公司的股利分配政策，通过实证方法，我们的需要找到创业板上市公司的股利政策影响因素，并为试图为建立更合理的股利分配政策提供理论基础和建议。本文的内容分成四个部分：第一部分，导论。描述研究背景和意义，回顾国内和国际研究已经取得了最新成果，介绍研究思路和研究方法，以及创新点。第二部分，股利政策理论和影响因素。本章研究了现代企业的股息的概念，股利政策的理论演进及影响因素的理论。首先定义概念，然后对理论演变进行梳理和总结和现代化企业的股利政策理论。最后，股利政策因素的理论假设，并分析了这些因素对股利政策的影响。第三部分，，在创业板上市公司股息政策的现状、特征。首先分析了上市公司在股利政策上的特点，，然后是股息在创业板上市的中国企业现状的描述性统计分析。第四部分，创业板上市公司的股利政策的影响因素的实证分析。实证研究方法，选择影响现金股利和股票股利的9个因素进行了分析。第五部分，结论和建议。实证结果总结，对创业板上市公司的股利政策的优化发展提出合理化建议。
[Abstract]:Dividend policy is one of the important contents of corporate financial activities. The effect of dividend distribution policy not only relates to the income of investors, but also conveys the information of enterprise operation to the market. The research on dividend policy has attracted a large number of domestic and foreign scholars. The western research on dividend policy started early. Since the reform and opening up, Chinese scholars began to learn from the western scholars' research experience and research results. According to the actual situation of our country, a lot of breakthrough research results have been obtained. Starting from the actual situation, this paper analyzes the dividend distribution policy of gem listed companies in China. Through empirical method, we need to find the factors that affect the dividend policy of gem listed companies. It also provides theoretical basis and suggestions for the establishment of more rational dividend distribution policy. The content of this article is divided into four parts: The first part, introduction, describes the background and significance of the research, reviews the latest achievements in domestic and international research, and introduces the research ideas and methods, as well as innovations. The second part, dividend policy theory and influencing factors. This chapter studies the concept of dividend in modern enterprises, the evolution of dividend policy and the theory of influencing factors. Firstly, the concept is defined. Finally, the theoretical hypothesis of dividend policy factors and the impact of these factors on dividend policy are analyzed. The third part, the status quo and characteristics of dividend policy of listed companies in gem. Firstly, the characteristics of dividend policy of listed companies are analyzed. Then there is the descriptive statistical analysis of the current situation of Chinese enterprises listed on gem. In the 4th part, the empirical analysis of the influencing factors of the dividend policy of gem listed companies is made. The empirical research method is used to analyze the nine factors that affect the cash dividend and the stock dividend. Part 5th, conclusions and recommendations. The empirical results summarize, the optimization and development of dividend policy of gem listed companies put forward reasonable suggestions.
【学位授予单位】：辽宁大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F275;F832.51;F224

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