...Capital Structure and Leverage资本结构与杠杆 Dividends and Dividend Policy股利与股利政策 The Corporate Governance of Listed Companies: A Manual for Investors上市公司治理结构 ..
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同时,还研究了与股利金额相关的因素,希望能对股利政策的理论和实践有所裨。
At the same time, in favor of the theory and practice of dividends policy, we researched the factors correlative to dividends amount.
以往的股利政策理论主要受MM理论中股利政策与股票价值无关论的影响,因而对公司股利政策的研究不够重视。
The main reason for insufficient study on dividend policy can be attributed to MM theory in which irrespective conclusion is made between dividend policy and stock value.
在高新技术企业的财务安排中,股利分配利益主体、股利支付比率和股利分配形式作为股利政策制定的三大主要内容,与一般的传统企业有所不同。
As the three main elements of dividend policy, the content of those issues are surely different from general enterprises in the context of hi-tech enterprises.
There is now no preference--well it could be-- there are lots of complexities in the tax law but, basically, dividend policy really is irrelevant now.
这就没有偏好差别了,税法中仍有很多复杂条款,但基本说来,是否推行股利政策与此无关
What Modigliani and Miller said, if it's pure dividend policy, then it is totally irrelevant; it means nothing, so companies can do whatever they please-- I don't care.
莫迪利阿尼和米勒的观点是,如果是单纯的股利政策,则与之完全不相关,它没有意义,所以公司可以任意施为,我不在乎
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