dividend decision 中文意思是什麼
dividend decision
解釋
股利決策-
In fact, it is the special system of our country that increase the incoherence and unconditionally of all the stockholders and the lack of the true investors. these two elements increase the stockholders " dissimilated behavior. in dividend policy, the difference of payment level resulted from the variance of the controlling degree embodies not the difference of stockholders " decision making to increase the company " value but the particular preference of the nonnegotiable shareholders and the management
而最根本的原因是由於我國特定製度安排導致了股東群體的非一致性和非制約性的強化以及真正投資主體的缺位，兩個因素的共同作用加劇了股東行為的異化，表現在股利政策上，由股權控制度變化產生的支付水平差異主要體現為非流通股股東及管理層的特殊偏好，而從質的角度，以公司價值為目標的真正股東化主體的決策差異分析無效。 -
Dividend policy means this kind of decision making : how to distribute the profit aftertax between shareholders and company itself
股利政策是指公司稅后利潤在向股東支付和企業內部留存收益之間的分配選擇。 -
In their celebrated papers, modigliani and miller ( 1958, 1963 ) argued that the capital structure decision and dividend policy is a matter of irrelevance, affecting neither the value of corporation nor it ' s cost of capital
Modigliani和miller （ 1958 ， 1961 ）的經典論文指出公司的資本結構政策和股利政策均與公司的價值無關。 -
Whether the decision to pay a dividend was made by the mtrc on its own initiative or in response to the government s request, and what the major reasons for such decision are
派發股息的決定是由地鐵公司主動提出，還是應政府要求作出的決定派息的主要原因 -
The two categories have different directions. the dividend based on traditional finance is based on efficient market hypothesis. the dividend based on behavioral finance lead the psychology into the theory to explain the dividend policy 。 the dividend policy based on emh ( the efficient markets hypothesis ) face puzzle : 1 dollar cash dividend has no difference with 1dollar capital gain, in fact the investor pay no attention to the listed firms which do not distribute dividend. why so many listed firms make the decision to distribute dividend even cash dividend is taxed by 20 % and stock dividend is exemption from tax. why the price of the stock rise when the company make the decision to distribute dividend. the dividend policy based on emh do not rationally explain the puzzle of dividend
通過尋求西方傳統和現代股利理論的研究軌跡，本文認為公司股利理論體系可以劃分為基於標準金融學的股利理論和基於行為金融學的股利理論兩大類。兩者的研究出發點和研究角度各有不同。標準金融學的股利政策理論是建立在有效市場假說和理性經濟人基礎之上的，而股利行為理論則引入社會學和心理學等學科的研究成果來闡釋和論證股利政策，從微觀個體的行為以及產生該行為的更深層次心理、社會動機來解釋、研究和預測個體心理決策程序對股利政策的影響以及如何運用心理學和金融原理來改善決策行為。 -
But over emphasizes finance dividend policy if listed company is unscientific and irrational, with random and blindness. in order to pattern the behavior of dividend distribution of the listed company of our country, we should make items of law and concerned to regulations so that standardize the dividend distribution of the listed company. to perfect company ' s governance structure is to prompt to make rationally decision of dividend distribution policy
根據以上分析，提出了規范我國上市公司的股利分配行為的對策：制定相關法規，規范我國上市公司股利分配政策；完善公司治理結構，促進股利分配政策的理性決策；通過股權多元化和分散化，實現股權結構優化；弱化行政干預，加強監管力度；積極培育機構投資者，使之成為穩定股市的中堅力量。 -
Consideration listed company ' s goal, governance, management behavior, distribution motivation ; it sets up a dividend model of making decision under the goal function and restriction condition
本文將上市公司目標、公司治理結構、管理主導模式、股利政策制訂的影響因素結合起來，研究上市公司股利決策的目標函數及約束條件，建立股利決策模型。 -
Because of my own reason, there is much more mistakes in the text. 1 hope the paper can be benefit of practice operating to make dividend decision by iron and steel industrial listed company
由於自身的理論水平有限，本文難免有不少錯誤。希望本文能夠對冶金行業上市公司股利分配實務操作有所裨益。 -
Discussion on decision of dividend distribution in construction enterprises
論施工企業的股利分配決策 -
On the basis of probing many kinds of dividend policy theory, using the empirical research method to probe the effect of dividend distribution on stock price in listed companies, i put out my own views and hope it available to decision making of dividend policy in listed companies
本文試圖在闡述上市公司股利政策的基礎上，利用樣本研究的方法來探討股利政策對公司股票價格的影響，並提出自己的觀點，以期對上市公司股利政策制定有所幫助。 -
Last, the paper analyses that corporate governance influence the financial target, investment policy and dividend policy etc. and renders perfect corporate governance structure is the key to work out accurate financial decision - making
最後，分析了公司治理結構對企業財務目標、資本結構、投資政策、股利政策的影響，指出健全的公司治理結構是作出正確財務決策的關鍵。
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