商业银行社会责任与现金股利政策  

The Social Responsibility of Commercial Banks and the Cash Dividend Policy

作　　者：周钰颖[1] 林川[2] 

机构地区：[1]重庆大学法学院 [2]重庆大学经济与工商管理学院

出　　处：《金融论坛》2013年第7期7-12,27,共7页Finance Forum

基　　金：中央高校基本科研业务一般项目(CDJXS11021113)

摘　　要：本文基于“成本收益说”与“股东责任说”，利用2007～2011年间中国上市商业银行样本数据，实证检验了商业银行社会责任履行与现金股利政策间的关系。研究发现，商业银行社会责任履行与现金股利政策的关系可以用“股东责任说”解释，商业银行的每股社会责任贡献率越高，现金股利分配倾向与分配力度也就越高，同时商业银行的社会责任经济贡献率越高，现金股利分配倾向与分配力度也越高。也就是说，商业银行在履行社会责任的同时，会更加注重对股东责任的实现，会以现金股利的形式回报股东，满足股东的需要。Based on the＂cost-profit＂ hypothesis, ＂responsibility to shareholder＂ hypothesis and the data of the Chinese listed commercial banks during 2007-2011, this paper empirically tests the relationship between the social responsibility fulfillment of commercial banks and the cash dividend policy. It＇s found that the the relationship can be explained by ＂responsibility to share- holders＂. The more the social contribution of per share is, the greater the tendency and quantity of cash dividend distribution; meanwhile, the more the economic contribution of the social responsibility of commercial banks is, the greater the tendency and quantity of cash dividend distribution. It means that commercial banks pay more attention to the fulfillment of the responsibility to shareholders, return shareholders, and meet the shareholders＇ needs in the form of cash dividend at the same time they fulfill social responsibility.

关 键 词：商业银行 社会责任 现金股利政策 成本收益说 股东责任说 

分 类 号：F832.33[经济管理—金融学] F270F832.51