Study a Cash Dividend Policy on the Split Share Structure Reform
Dividend policy as a part of the companys profit distribution policy, its formulation relates to the trade-offs of the development and allocation, is one of the listed companys three-core content of financial policies. In view of the split share reform in 2005, complete units are sent to the mechanical analysis of listed companies in the manufacturing sector, with the use of multiple regression method at the annual empirical test. The results showed that during this period, the impact of the share reform on the cash dividend policy is not significant, the main factors have impact on machinery manufacturing industry cash dividends are the net assets per share, earnings per share and cash flow per share.
split share structure reform machinery manufacturing cash dividends
LI Yingzhao LI Yapei
School of Business Administration, South China University of Technology, China, 510640
国际会议
The 5th International Sympsium for Corporate Governance(第五届公司治理国际研讨会)
天津
英文
661-666
2009-09-01（万方平台首次上网日期，不代表论文的发表时间）