中国上市公司现金股利政策的探究

股利政策是现代公司财务管理的核心内容,既关系到上市公司能否长期、稳定的发展,又关系到投资者的切身利益。我国的现金股利政策呈现出股利支付率较低,不派现现象较为普遍、现金股利政策不稳定等特点,这与我国的市场体制、政策法规、股权结构、上市公司及投资者的短视行为等有关,本文对此提出了相应的建议。

Study on Cash Dvidends Policy of China's Listed Company

Dvidends policy is the core content of modern enterprise financial management which not only relates to the long term and stable development of the listed company but also the interest of investors. Cbina＇s dvidends policy has the problems of low pay rate the unstable of cash dvidend which has relation with China＇s market system, policys, stock structure the shortsignt of listed companies and the investors. The paper proposes the corresponding suggestions.