实际控制人特征、现金股利发放与上市公司竞争力  

Characteristics of Actual Controllers,Cash Dividends Distribution and Competitiveness of Listed Companies

作　　者：臧卫国[1] 

机构地区：[1]河南财经政法大学会计学院,郑州450002

出　　处：《河南科技大学学报（社会科学版）》2016年第5期57-62,共6页Journal of Henan University of Science & Technology(Social science)

摘　　要：受实际控制人的影响,企业竞争力、现金股利发放及其相关性存在较大差异。非国有控股公司获利能力较国有控股公司好,倾向于发放现金股利;非国有控股公司绩效与现金股利发放的相关性强。上市公司发放现金股利具有规模效应;股权集中度影响股利派现同公司绩效的相关性,并具有区间效应。Influenced by actual controllers, there exists great difference between enterprise competitiveness,cash dividends distribution and the correlation between them. Non-state-owned holding companies have betterprofitability than state-owned ones, and tend to distribute cash dividends. Meanwhile, there is strongcorrelation between company performance and cash dividends distribution within non-state-owned holdingcompanies. Cash dividends distribution by listed companies can bring scale effect; ownership concentrationaffects the correlation between cash dividends distribution and company performance, and has interval effect.

关 键 词：实际控制人 现金股利 上市公司 

分 类 号：F230[经济管理—会计学]