联想公司股利政策的分析与评价AnalysisandEvaluationofLenovo'sDividendPolicy目录1导言.............................................................................................................................11.1研究背景及意义..............................................................................................11.2研究内容与方法..............................................................................................12概念界定及相关理论.................................................................................................12.1股利政策..........................................................................................................12.2MM股利无关论与“一鸟在手”理论..........................................................22.3股利政策选择研究的理论基础......................................................................33联想公司股利政策现状.............................................................................................33.1联想公司股利政策的选择情况......................................................................33.2联想公司股利政策选择的原因......................................................................53.2.1内部原因...............................................................................................53.2.2外部原因...............................................................................................63.2.3公司内部选择.......................................................................................73.3联想公司股利政策实施的利弊......................................................................73.3.1联想公司股利政策实施的优点...........................................................73.3.2联想公司股利政策实施的缺点...........................................................84完善联想公司股利政策的建议.................................................................................94.1优化股权结构..................................................................................................94.2优化资本结构................................................................................................10结语..............................................................................................................................10参考文献......................................................................................................................11致谢..............................................................................................................................12内容摘要股利政策作为公司财务管理的中心内容之一,既是公司筹资、投资活动的逻辑延续,又对公司的筹资、投资活动有着深远的影响。恰当而又波动的股利政策是树立公司良好抽象和鼓励投资者继续投资热情的关键所在。本文以联想公司股利政策为例,对股利政策相关问题进行探讨。文章首先概述了研究背景、意义、内容等,为后文的研究奠定框架;其次对股利政策及相关理论进行了概述,为后文研究奠定理论框架;再次对联想公司股利政策情况进行了分析,指出联想公司股利政策实施的利弊;最后提出了完善联想公司股利政策的建议,即采用连续性的股利波动政策以及合理的公司治理结构。关键词:股利政策;联想公司;完善措施AbstractDividendpolicy,asoneofthecentralcontentsoffinancialmanagementofthecompany,isnotonlyalogicalcontinuationofthecompany'sfundraisingandinvestmentactivities,butalsohasafar-reachingimpactonthecompany'sfinancingandinvestmentactivities.Properandvolatiledivi...