浅析我国上市公司股利分配政策作者李婷婷专业会计学层次专升本内容提要股利分配政策作为上市公司利润分配的核心问题,是现代公司财务理论三大核心内容之一，近年来股利政策的理论研究和实证分析也越来越引起人们的重视，但是，我国上市公司在股利分配方面仍然存在诸多问题，严重影响了我国企业的发展。本文首先通过股利分配政策相关理论综述，列举国内外有影响的相关文献及股利支付形式和股利分配政策类型；然后具体阐述了我国目前在股利分配政策方面存在的问题，例如管理层很少真正重视股利政策对公司财务的影响,制定股利政策的盲目性和随意性较大,股利政策波动多变、缺乏连续性等；继而通过与美国上市公司的比较来寻找自身的不足；最后通过分析针对监管部门和企业自身提出几点合理化建议，旨在完善我国上市公司股利分配政策，促进我国上市公司稳健发展。关键词：上市公司股利分配非良性派现股权结构完善措施AbstractRecently,dividenddistributionpolicyasakeytotheprofitdistributionoflistedcompanyisoneofthethreecorecontentofthemoderncompanyfinancialtheory,thestudyofthetheoryofthedividendpolicyandempiricalanalysisalsohascausedmoreandmoreattentionofpeople,however,therearestillmanyproblemsinthedividenddistributionoflistedcompanyinourcountry,whichaffectingChina'sdevelopmentofenterprise.Thispaperfirstthroughthedividenddistributionpolicyreview,listdividendpayoutsanddividenddistributionpolicytype;Thenthepaperinthepresentdividenddistributionpolicysuchasmanagementalsoveryfewtrulyvaluedividendpolicyonthefinancialimpactof,makedividendpolicysincetheeyesexandoptionalsexisbigger,dividendpolicyfluctuationsandchangeful,lackofcontinuityandsoonisaseriousproblem;ThenthroughthecomparisonofthelistedcompanywiththeUnitedStatestofindtheirowndisadvantages;FinallythroughtheanalysisforthesupervisiondepartmentandtheenterpriseitselfputsforwardsomereasonableSuggestionstoperfectourcountry'sdividenddistributionpolicy,andpromotethestabledevelopmentofthelistedcompaniesinChina.Keywords:ListedcompanyDividenddistributionFeiLiangXingsendcashDividendequitystructureImprovingMeasures目录Abstract....................................................................................................................................1目录......................................................................................................................................1一、股利分配政策相关理论综述...........................................................................................1（一）国内外文献综述....................................................................................................................1（二）股利政策相关理论................................................................................................................2二、我国上市公司股利分配现状及存在问题.......................................................................3（一）派现比例低，不分配现象严重.............................................................................................3（二）股利分配往往与再融资行为相关联，股利分配形式混乱.................................................4（三）股权结构不合理，“一股独大”、“非良性派现”现象严重..........................................4三、反观美国市场，探寻我国上市公司股利分配现状的成因............................................5（一）盈利能力、经营者理念不同.................................................................................................5（二）股权结构差异....................................................................
