Introduction to dividend policy.
股利政策概述。
Dividend policy is to make a decision on how to distribute the retained earnings.
股利政策是对留存收益分配事项所做出的决策。
An integral part of dividend policy is the use of stock dividends and stock splits.
股票红利和股票分割的应用是红利政策中的必要组成。
The company's dividend Policy has been a hot topic in financial study for forty years.
四十多年来，公司股利政策一直是财务学研究的一个热点。
The core agent problem provides the new Angle of view to our research in cash dividend policy.
本文研究主要分为三部分：第一，从理论出发分析了上市公司核心代理问题与现金股利政策的关系。
Based on stability in dividend policy, this paper studies on the quantity and form of dividend.
本文从股利政策稳定性的角度出发，对我国上市公司股利支付数量和支付形式进行研究。
Dividend policy may affect the company financial ability and operating results indirectly in the future.
公司股利政策直接影响公司未来的筹资能力和经营业绩。
This paper analyzes dividend policy of China's listed companies from the perspective of agency-cost theory.
本文从股利政策的代理理论出发分析中国上市公司的股利政策。
Refering to the dividend policy, many foreign scholars have done much research and achieved different conclusions.
国外关于股利政策的研究已经取得了丰富的成果，但并没有达成共识。
Maybe Merton Miller is right — these things are "neutral mutations" and changes in dividend policy are meaningless.
也许莫顿·米勒是对的，这些都是“中性突变”，变更股利政策是无意义的。
Dividend policy of a listed company is a strategy that assigns its profits between shareholders and remain earnings.
股利政策是上市公司将税后收益在股东和留存收益之间进行合理配置的策略。
We find out that the agency theory, especially the tunnelling viewpoint is very fitful to analyse our dividend policy.
发现代理成本理论，特别是其中的利益输送观点可作为分析我国现金股利政策的有利工具。
This article analyzes the dividend policy of banking companies in A-share market and puts forward relevant suggestions.
本文具有针对性地分析在A股市场上市从事货币金融服务的银行类企业历年的股利政策，提出相关建议。
In theoretical circles there are two schools about dividend policy: relevant dividend view and irrelevant dividend view.
理论界关于股利政策的观点有两大流派：股利无关论和股利相关论。
A general equilibrium model about tax effect on the corporate dividend policy is constructed at the end of this section.
该模型的提出为第三、第四章研究公司资本结构和股利政策的税收效应提供了理论基础。
But over emphasizes finance dividend policy if listed company is unscientific and irrational, with random and blindness.
股利政策不科学、不理性，股利决策带有很大的随意性、盲目性。
This paper investigates the relationship between corporate dividend policy and corporate governance based on agency theory.
本文基于代理理论，研究我国上市公司现金股利政策与公司治理之间的关系。
Stable dividend policy helps to form the reasonable expectations for the corporations and provide limits on shareholders'behavior.
要求派发稳定的股利，产生对企业的合理预期，加强对股东的约束。
Furthermore, to strengthen the protection for investors is important for solving the problem of the abnormality of dividend policy.
此外，加强投资者保护对于解决上市公司的股利政策失范问题也有一定积极意义。
Dividend policy is that the after-tax profits as a dividend distributed to shareholders or as retained earnings retained in the enterprise.
股利政策是指公司税后利润在向股东支付股利与企业内部留存收益之间的分配选择。
Due to the special in equity structure, Chinese state-owned listed companies have theirs own particularity in cost of capital and dividend policy.
我国国有上市公司，由于股权结构上的特殊性，其资本成本和股利政策上更具特殊性。
An important reason that the informal dividend policy of the listed company in our country is caused by the inside influence factor of the company.
我国上市公司股利分配政策不规范的一个重要原因是公司的内部因素造成。
There is now no preference--well it could be-- there are lots of complexities in the tax law but, basically, dividend policy really is irrelevant now.
这就没有偏好差别了，税法中仍有很多复杂条款，但基本说来，是否推行股利政策与此无关。
There is now no preference — well it could be — there are lots of complexities in the tax law but, basically, dividend policy really is irrelevant now.
这就没有偏好差别了，税法中仍有很多复杂条款，但基本说来，是否推行股利政策与此无关。
Asset structure has close correlation with many classical financial theories, for example capital structure, dividend policy and corporate control theory.
资产结构问题与资本结构、股利政策及公司控制权理论这些财务经典理论之间都存在天然的联系。
As the three main elements of dividend policy, the content of those issues are surely different from general enterprises in the context of hi-tech enterprises.
在高新技术企业的财务安排中，股利分配利益主体、股利支付比率和股利分配形式作为股利政策制定的三大主要内容，与一般的传统企业有所不同。
This article builds single and double principal-agent theory models and studies measures to reduce agent cost by using dividend policy as an observable variable.
本文将股利政策作为一个可观测变量引入单层、双重委托代理模型，详细分析了降低代理成本的途径。
This article builds single and double principal-agent theory models and studies measures to reduce agent cost by using dividend policy as an observable variable.
本文将股利政策作为一个可观测变量引入单层、双重委托代理模型，详细分析了降低代理成本的途径。
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