Since late 20s century, domestic studies began to investigate cash dividend policy of Chinese listed companies, and achieved great successes.
从上个世纪末国内学者也开始对中国上市公司的现金股利政策的研究,做出了不小的成就。
Natural cash dividend policy is just approach to gain public income by larger shareholder, but not to reduce the private benefit of larger shareholder. Natural cash dividend policy also do…
正常现金股利发放只是大股东获取公共收益的一种手段,不能缓解大小股东之间的利益沖突,降低大股东的私有收益。
Whether or not the large shareholders of listed companies embezzle the funds directly or use an indirectly way by using the cash dividend policy is a problem, which puzzled the academia a long time.
上市公司的大股东是否直接或以现金股利方式间接侵占公司资金一直是困绕学术界和实务界的共同问题。