Empirical Study on Affecting Factors of Dividend Distribution of Listed Banks in China
As the dividend distribution policy of listed banks is important to the social economic and the invests,and both domestic and abroad study on the dividend distribution policy of listed banks is little,so in this paper we try to study the affecting factors of dividend distribution of listed banks in China.In this paper,using 14 observations of listed banks between the year 2006-2011,we analyse the current situation of dividend distribution of listed banks in China,finding that dividend distribution policies has a good continuity and gives priority cash dividend distribution which is full of stability.By using the same datas,we do an empirical study through setting a multiple regression model,and after analysing the coming out of the model,we finally come to the conclusion that debt ratio has a negative effect on the distribution of cash dividend while scale has a positive effect on the distribution of cash dividend.When the debt ratio is low or safety is high,the listed banks tend to be give more cash dividend distribution,and when the debt ratio is high or safety is low,the listed banks tend to be give less cash dividend distribution.
dividend distribution listed banks multiple regression panel data model
FENG Qin LOU LaiLai
ZheJiang University of Technology, P.R.China
国际会议
杭州
英文
576-585
2012-10-13（万方平台首次上网日期，不代表论文的发表时间）