我国上市公司股利政策和公司治理关系的实证研究

《我国上市公司股利政策和公司治理关系的实证研究》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。

1、河北工业大学硕士学位论文我国上市公司股利政策和公司治理关系的实证研究姓名：孙振娟申请学位级别：硕士专业：企业管理导教师：安玉塚20081201THEEMPIRICALANALYSESOFTHERELATIONBETWEENDIVIDENDPOLICYANDCOMPANGYGOVERANCEOFLISTEDCOMPANIESINCHINAABSTRACTThedividendpolicyisoneofthethreecoreproblemsinmoderncompany'sfinancialactivit

2、iesandthefocusofattentionanddivergencetotheconcernedinsideandoutsideacompany.Alongwiththeformationanddevelopmentofthecapitalmarket，thedividendpolicyisnotonlyamereimportantmeansforcapitalallocationinsideacompany，butalsoanimportantfinancialstrategyusedbyma

3、nagerstocontrolsharepricesandbalanceinterestsofallparties.Therefore，thedividendpolicyisessentiallyamatteroffinancialaffairs，aswellasamatterofcompanygovernance.Thereby，itisofpracticalsignificancetostudythedistributionmotiveofthecashdividendpolicyofthelist

4、edcompaniesandmaingovernancefactorsinfluencingdividenddistributionfromtheperspectiveofcorporategovernance.Thisthesisfirstlyreviewsandappraisesthedevelopmentofthetheoriesofdividendpolicyandcorporategovernance.Secondly，thethesisintroducesthecurrentsituatio

5、nofthecashdividenddistributionandthegeneralsituationofthegovernanceofthelistedcompanies.Fromthegovernancemodeofthelistedcompanies，governancefeaturesofthelistedcompaniesareanalyzedindescriptivestatistics.Thecauseofthecurrentsituationofthedividenddistribut

6、ioninChinaisanalyzedindepthfromtheperspectiveofthecorporationgovernance.Thirdly，basedonCCERandCSMARdatabasetoAsharesinShanghaiandShenzhenstockmarketsforsamples，selects17corporategovernancevariablesandanalyzestheirfactors.Thevariablesareclassifiedintodiff

7、erentcategories，andtheclassifiedvariablesareredefinedandthenLogisticregressionmodelsareestablishedforeachofthemrespectively.Theresearchfindsthatthecashdividenddistributioncanbeinfluencedbystockrightconcentrationdegree，thescaleoftheboardofdirectors，thetra

8、nsparencyofthecorporatefinance.Finally，somesuggestionsforregulatingandimprovingthedividenddistributionbehaviorsofthelistedcompaniesareraised.KEYWORDS:corporategovernance，dividenddistribution，empiricalanalyses，Logisticregre