我国上市公司股利分配政策的纰漏及其治理对策探讨

Title:Discussion on flaws and its countermeasures about the dividend policy of China's listing Corporation

股利分配政策是确定公司的净利润如何分配的方针和策略,本文首先较为详细地分析了我国上市公司股利分配政策在实践中存在诸多纰漏,表现为股利分配政策缺乏长远性,随意性较大,股利政策高度与大股东的利益和行为和相互关联,中小股东对股利决策的知情权和话语权普遍较低,股利政策受再融资影响严重。最后本文针对上市公司股利分配政策纰漏,提出了详实的治理对策。以期为我国上市公司分配政策的建设和完善提供一些必要、有益的探索和指导。

Dividend policy is the policy and strategy to determine how the company＇s net profit is allocated.Firstly, a detailed analysis of China＇s listing Corporation dividend policy has many flaws in practice, Performancing for the dividend distribution policy lack of long-term, optional sex is bigger, dividend policy height and large shareholder interests and behavior and interrelated, minority shareholders to dividend decision informed right and discourse power is generally low, the dividend policy by refinancing a serious impact. Finally, according to the listing Corporation dividend policy flaws, puts forward countermeasures detailed. In order to provide some necessary and beneficial exploration and guidance for the construction and improvement of the distribution policy of listing Corporation in China.