State owned shareholders have a strong preference for cash dividend, and it has low degree of embezzlements than non-state-owned shareholders.
国有控股股东有很强的现金股利偏好，但是其对上市公司的资金侵占程度比非国有控股股东低。
At present, the dividend distribution plans in the listed companies include cash, stock and non-assignment.
目前，我国上市公司实际采用的股利分配方案中，主要包括现金股利、股票股利和不分配三种。
Cash dividend is quadratic non-linear relationship to state-share's proportion and corporate-share'proportion.
派现与国有股、法人股比例成二次非线性关系；
Cash dividend is quadratic non-linear relationship to state-share's proportion and corporate-share'proportion.
派现与国有股、法人股比例成二次非线性关系；
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