·2,447,543篇论文数据，部分数据来源于NoteExpress
From our reasech, we notice the ownership structure has great impact on dividends policy of listed companies. The dividend payout ratio is lower in state-owned-enterprise than non-SOEs.
分析发现，上市公司的股权结构与公司的分红政策制定有着密切关系，国有控股的上市公司分配比例明显低于非国有控股上司公司。
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With the exception of large banks, most of listed Chinese A-share SOEs pay no or low dividends.
FORBES: Chinese Stock Market -- Buy In or Buyer Beware?
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