Based On The Perspective Of Sustainable Development Research On Dividend Policy Of ZSY Company

With the continuous development of China's market economy,dividend policy has gradually become a hot issue for regulators and investors,which is precisely because the issue of dividend distribution is not only related to whether a listed company can operate for a long time,Many investors in the carefully selected whether it can get a satisfactory return,it is with the future development of China's capital market is inextricably linked to the relationship.If a listed company in the intentions of business,seeking truth from facts under the premise of combining their own strategic planning,in line with their actual characteristics of the dividend policy,so that not only can enhance the company's value in the stock market,establish a good corporate image,but also For the future of the company's financing and reinvestment paved the way,which can enhance the community's steady development of its future confidence in the long-term development of listed companies have far-reaching significance.However,there are many listed companies in the basin full of cash,cash flow is sufficient,but still with the implementation of the inconsistent with the low cash dividend payout policy,and even worse in the profit conditions are not happy to share the victory Fruit,choose not to distribute dividends.In addition,a series of non-continuous,stable and scientific dividend policy began to appear in the public's vision,including listed companies will be undistributed profits in the form of dividends paid to shareholders,the company's capital The conversion of the emoluments into the shareholders' equity and so on.These seemingly diversified dividend policy is eroding the capital market of our country a little bit,seriously affecting and restricting its future growth.In this paper,based on ZSY company in recent years,the dividend distribution of data as the research object and expand on this and will be divided into the following six parts:the first part is introduction,mainly introduced the research background and significance of this article,the dividend distribution at home and abroad and the research status,research ideas and methods of sustainable growth,and this paper studies the innovation points;The second part,specific to the relevant concepts and theories of dividend distribution and sustainable growth to conduct a comprehensive introduction,including the concept and types of dividend distribution policy,and the theory of related research,as well as the theory of the sustainable growth of two groups of four kinds of content are described;The third part,through the base on ZSY company the actual situation of dividend distribution,with the other dividend distribution situation of oil companies in the same industry at home and abroad were analyzed,thus to explore the current situation of dividend distribution ZSY company;The fourth part,based on the background of sustainable growth,ZSY company financial sustainable growth and dividend distribution content analysis to explore the relationship between the two,including the analysis of ZSY company sustainable growth throughout the years,and it compared with other domestic oil company sustainable growth situation analysis,to explore the background of sustainable growth ZSY company dividend distribution problems;The fifth part,combined with ZSY company sustainable growth for its dividend distribution policy improvement opinions;Section 6 of this article is divided into three parts:the research conclusion and research prospect.The innovation of this article lies in not only from the perspective of the traditional dividend distribution research ZSY down the company's dividend distribution policy,with the domestic and foreign oil companies of the same type of dividend distribution policy,this paper compares and analyzes better achieve mastery through a comprehensive theory with practice;More from the perspective of today's hot topic-financial sustainable growth to comprehensive study whether the financial sustainable growth of the company and its formulation of dividend distribution policy related,adding to the company's future long-term production and operation of a green.