我國上市公司控制權(quán)結(jié)構(gòu)和現(xiàn)金股利政策關(guān)系的研究.pdf

1、浙江大學(xué)碩士學(xué)位論文我國上市公司控制權(quán)結(jié)構(gòu)和現(xiàn)金股利政策關(guān)系的研究姓名：朱俊申請(qǐng)學(xué)位級(jí)別：碩士專業(yè)：會(huì)計(jì)學(xué)指導(dǎo)教師：凌春華20060401浙江大學(xué)碩士學(xué)位論文我國上市公司控制權(quán)結(jié)構(gòu)和現(xiàn)金股利政策關(guān)系的研究AbstractThepaperfocusesonthetwoquestionsmuchconcernedontheChinesestockmarket，thatis，thecontrolstructureandthedividendp

2、olicyoflistedcompaniesCombiningthepresenttheoriesdevelopingtrendwiththepractice，andfoundonpreviousstudyoutcomes，thispaperdefinesthecontrolstructureandthedividendpolicyanddevelopstheresearchaboutthecontrolstructureandthec

3、ashdividendpolicyoflistedcompaniesinthespecialsituationofChinaFirstlythispaperbackdatesthedividendtheoriesskeleton，analysistheresearchactualitiesaboutthetopicofthecontrolstructureandthedividendpolicyandthensummarizesther

4、esearchconclusionoftheinfluenceonthedividendpolicybydifferentshareholdersandshareholdercoalitionsrespectivelyaccordingtoone—stageapproachandtwo—stageapproachAfterward，onthebasisofanalysistheactualitiesofthecontrolstructu

5、reandcashdividenddistributionoflistedcompanies，itdemonstratesthedifferentbehalfrequisitionofthevaryingshareholderthroughanalyzingthebehalfmotiveofthedifferentshareholdeLandproposesthehypothesisThepaperanalyzeshowthecontr

6、olstructureaffectonthedividendpolicyapplyingthemodelofthegametheoryandUSeSBanzhafindextomeasurethecontrolstructureItextendsthepartial—adjustmentmodelproposedbyLintnerandappliesstepwiseregressiontoanalyzehowthecontrolstru

7、ctureaffectonthedividendpolicyIncluding3166datacasesrevealedby529Chineselistedcompaniesfromtheyearof1999to2004，thedataanalysisresultsareasfollows：First，thelargestshareholder’Scontroldidtakesiginificanteffectonthosecompan

8、ies’dividendpolicywhilethesecondlargestandthethirdlargestshareholderscontroldidn’ttakeanysimillareffectSecond，publicshareholderscontroldidtakeeffectonthosecompanies’cashdiviendpolicyonthenegativeside，whilestate—ownshareh