Font Size: a A A

The Problems And Countermeasures Of Dividend Distribution In Inner Mongolia Lantai Industry

Posted on:2018-02-20Degree:MasterType:Thesis
Country:ChinaCandidate:Y GuoFull Text:PDF
GTID:2359330515459711Subject:Financial
Abstract/Summary:PDF Full Text Request
In the early 1980s,the capital market began to sprout in our country,and then gradually developed,so far has been 37 years.From the beginning of the market in the ascendant,ignorant of the people,to the present the establishment of the Commission,,Securities Law" and other laws and regulations continue to improve and the influx of professionals,capital markets have gradually matured,the past only focus on financing The behavior of the shareholders of the return is no longer accepted by the general public,the stock dividend returns in the hearts of people growing position.The community that the listed companies in the use of funds for investors to seek their own development,but also more should bear the return of investors,the responsibility of social returns.Therefore,it is necessary for listed companies to formulate a reasonable dividend policy which can balance the interests of all parties.This will not only establish a good corporate image,but also promote the benign interaction between investment and financing in the capital market and keep the capital market long steady development.The author of the Inner Mongolia Autonomous Region 27 listed companies since the listing of the dividend distribution policy over the years carried out the relevant information and data collection,through integration,comparison and analysis,found in the autonomous region is located in Alashan League Lan Tai Industrial Co.,Ltd.(hereinafter referred to as For the "blue too industry")in the distribution of dividends there is a very typical and outstanding problems,very representative,to fully and clearly reflect the entire Inner Mongolia region listed companies in the dividend on the existence of significant problems,and thus selected the Lan Tai Industrial As the research object.Secondly,the use of descriptive statistics and comparative analysis of its calendar year,a brief history of the company,the annual profit distribution of the implementation of the announcement,non-public offering of stock plans,non-public offering of shares to purchase,holding shareholder holdings and other publicly available information Analysis,through the combination of longitudinal analysis and horizontal analysis of a comprehensive overviev of Inner Mongolia Lan Tai Industrial Co.,Ltd.cash dividend status,a comprehensive comparison found that the company to refinance for the purpose of the distribution,overloading,financing,The low level of dispatching,the superiority of large shareholders,the single dividend distribution and the poor stability of dividend payment are the more prominent problems.Then,according to the data analysis and financial information comprehensive interpretation to find the corresponding reason,that put aside the industry,regional,policies and regulations and other external factors,the company's own reasons such as the lack of ownership structure,equity allocation lack of reasonable supporting guidance,It is also very important to pay attention to the dividend distribution intention of large shareholders,poor financing ability,lack of profitability,high quality of assets,high level of debt,insufficient cash flow,and many investment activities.Finally,combined with the development of the market and the company's own,to improve the Inner Mongolia Lan Tai Industrial dividend distribution made recommendations.
Keywords/Search Tags:profit distribution, dividend policy, dividend per share, cash dividends
PDF Full Text Request
Related items