Analysis Of Profit Distribution Policy Of Sangou Wine Company

Reasonable profit distribution policy conducive to balance the long-term development of the company and current yield of shareholders, and to balance interests of different groups between the shareholders. This article analyses on the profit distribution policy of Sangou wine industry, on the basis of drawing on domestic and foreign research results have achieved. Sangou wine industry insists the free profit distribution policy, from a view of historical point offers a large number of internal accumulation and growth financial needs and at the expense of current yield to shareholders. Facing in mergers cooperation with Wuliangye, Three channel acquisition of wine industry to strive for a higher price, in order to realize the shareholder expectations of capital gains yield for a long time.Full text is divided into four parts. Part I mainly describes the research background and research purpose, on this basis, the profit distribution policy in this area is combed and summarized the research status at home and abroad. Part Ⅱ case body, describes Sangou wine industry development, No profit distribution policy, ownership structure, The third stage of industrial parks finance, profit distribution policy makers etc. scenes. Part III, the author analyses the Sangou wine industry profit distribution policy using dividend theory, capital structure optimization theory to reveal the internal relation between Sangou wine industry profit distribution policy and it’s growing from the relation between Sangou wine industry profit distribution and company value promotion, shareholder return, signal transmission, financing strategy. The development of Sangou wine industry depends on the support of all shareholders, the diversification of investment return anticipation and the financing strategy based on the capital structure optimization. Part IV, full text summary, draws conclusions and making outlook.