在80年代以前，债券一般上都相当简单，即包括不太复杂的现金流动结构，票面利率和到期日在发行时已定下。

Prior to the early 1980s, the bond market was comprised mainly of 'plain vanilla' bonds with simple cashflow structures, where coupon payments and maturity were fixed at the outset.

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实证结果显示每股净现金流量、股权结构、资产流动性等因素和每股现金股利不相关；

Positive analysis shows that net operating cash flow per share, the capital structure, asset fluidity are irrelated to cash dividend per share.

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