上市公司现金股利政策影响了公司绩效分析研究 财务管理专业VIP免费

题目上市公司现金股利政策影响了公司绩效吗？——以沪深A股除金融以外的上市公司为例摘要：以我国沪深A股非金融保险业以外的上市公司为主要研究对象，选取2014-2017近四年间发放现金股利的公司数据，构建回归模型研究了上市公司的现金股利政策对上市公司的公司绩效的影响，研究结果表明：（1）现金股利政策正向影响公司绩效并且呈现显著正相关性。（2）上市公司的偿债能力正向影响上市公司绩效呈现正相关性。（3）上市公司的盈利能力正向上市公司的绩效。（4）上市公司的资产运营水平正向上市公司的绩效。最后提出相应的政策建议。关键词：股利政策、公司绩效、现金股利Abstract：TakingthelistedcompaniesoutsidetheShanghaiA-sharenon-financialinsuranceindustryasthemainresearchobject,weselectedcompanydataforthedistributionofcashdividendsintherecentfouryearsfrom2014to2017,andconstructedaregressionmodeltostudythecashdividendpolicyoflistedcompaniesonthecompanyperformanceoflistedcompanies.Theresultsofthestudyshowthat:(1)Cashdividendpolicyhasapositiveimpactoncompanyperformanceandshowsasignificantpositivecorrelation.(2)Thesolvencyoflistedcompanieshaspositivelyaffectedtheperformanceoflistedcompanies.(3)Thelistedcompany'sprofitabilityisgoingtotheperformanceofthelistedcompany.(4)Thelistedcompany'sassetoperatinglevelistowardtheperformanceoflistedcompanies.Finally,weputforwardthecorrespondingpolicyrecommendations.Keywords:dividendpolicy,corporateperformance,cashdividend.目录一、绪论..............................................................................................................................................41.1选题背景.....................................................................................................................................................41.2研究意义.....................................................................................................................................................41.3研究内容与结构安排框架...................................................................................................................5二、理论与文献综述.........................................................................................................................62.1相关理论.....................................................................................................................................................62.2国内外文献综述.......................................................................................................................................72.2.1国外文献综述.......................................................................................................................................72.2.2国内文献综述.......................................................................................................................................8三、现金股利政策对公司绩效的影响分析...............................................................................103.1研究假设...................................................................................................................................................103.2模型建立...................................................................................................................................................113.3变量设计...................................................................................................................................................113.4样本选择与数据来源......