独立董事本地任职对企业现金股利分配的影响研究  

Study on the Influence of Local Tenure of Independent Directors on Cash Dividend Distribution in Enterprises

作　　者：宁欣 段小明 NING Xin;DUAN Xiaoming(School of Business,Anhui University,Hefei 230000,China;Finance Office,Suzhou University,Suzhou 234000,China)

机构地区：[1]安徽大学商学院,安徽合肥230000 [2]宿州学院财务处,安徽宿州234000

出　　处：《宿州学院学报》2020年第1期29-33,共5页Journal of Suzhou University

基　　金：安徽省哲学社会科学规划青年项目(AHSKQ2015D52)。

摘　　要：以2007-2016年我国沪深A股上市公司作为样本,实证检验了独立董事本地任职对于上市公司现金股利分配的影响.结果 表明:独立董事的本地任职显著提高了企业的现金股利发放倾向.年龄抑制了本地任职的独立董事对现金股利分配的正向作用;学历越高,本地任职的独立董事促进企业的现金股利分配情况越强.以上研究结论有助于了解独立董事任职行为与企业行为之间的关系.This paper takes A-share listed companies in Shanghai and Shenzhen from 2007 to 2016 as samples and empirically tests the influence of local tenure of independent directors on cash dividend distribution in listed companies.The results show that local tenure of independent directors has significantly increased the company s propensity of cash dividends payment.Age inhibits the positive effect of local independent directors on cash dividend distribution.The higher the education level,the more local independent directors can promote the cash dividend distribution of enterprises.The above research conclusions are helpful to understand the relationship between the behavior of independent directors and the behavior of enterprises.

关 键 词：独立董事 本地任职 股利发放 人口特征 

分 类 号：F271[经济管理—企业管理]