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Internal Influence Factors Study of Cash Dividend Policy of China’s A and H Share Listed Companies

  • Fulian Shi
  • Jing Guo
  • Yan Zhang
  • Ran Li
Conference paper
Part of the Lecture Notes in Electrical Engineering book series (LNEE, volume 132)

Abstract

Dividend policy is one of core content and sensitive issues of modern corporate financial decision-making, playing an extremely important role in the management and development of listed companies. For the same listed companies, different listing destination caused the difference cash dividend policy research has important theoretical and practical significance. This paper Selects both listing in the mainland A share market and Hong Kong H share market in 2007, 44, 2008, 50, 2009, 53 companies as samples, during the period 2007-2009, studies cash dividend policy of A and H share listed companies’ internal influence factors by SPSS17.0 software, Logarithm of total assets, current ratio and net capital gains rate is different on the A share and H share companies, the main affect factors is different between the two places, the levels of internal affect factors is different between the two places.

Keywords

A and H share listed companies cash dividend policy internal influence factors 

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References

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    Fama, E., French, K.: Disappearing dividends: Changing firm characteristics or lower propensity to pay? Journal of Financial Economics 60, 3–43 (2001)CrossRefGoogle Scholar
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    Wang, Y.: Dividend Policy Study of China’s Listed Companies. Xiamen University Ph.D. thesis, Xiamen (2009)Google Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2011

Authors and Affiliations

  1. 1.School of Economics and ManagementNorth China Electric Power UniversityBeijingChina
  2. 2.School of Economics and Business AdministrationZhejiang Sci-tech UniversityHangzhouChina

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