股利政策理论国内外研究现状综述

Research Status of Dividend Policy Theory at Home and Abroad

股利政策问题是现代公司理财活动的核心内容之一。财务学界对股利政策问题的研究主要集中于股利政策与股票价格及股利为何引起股票价格的变化。从放宽MM股利无关论的假设条件着手,股利政策理论得到了发展。本文通过对国内外股利政策研究进行了相应的评述,希望能为后续研究提供相应参考。

Dividend policy is one of the core content of modern corporate finance activities.The research of financial circle on dividend policy mainly focused on how the dividend policy,stock price and dividend cause the change of stock price.Starting from the assumption of dividend irrelevance theory of relaxing MM dividend,dividend policy theory is developed.This paper gives a brief introduction of the corresponding dividend policy research both at home and abroad,hoping to provide reference for further research.