Gree Electric Appliances Of High Cash Dividend Policy Research

The dividend policy refers to the policy that the enterprise distributes the profits between the shareholders and the enterprises,and it shares the three financial policies of the listed company with investment and financing activities.In dividend policy,cash dividends are a kind of return that the securities regulatory commission encourages,companies are willing to allocate,and investors are willing to accept.Securities regulatory commission issued the relevant legal provisions to cash dividend policy and the enterprises in the open market to refinance,half the mandatory dividend policy has resulted in a more and more enterprises listed companies in China distributing cash dividend,and in these enterprises high sent now.This will attract investors in a way,but it should be taken seriously by investors and regulators alike.Cash dividend enterprises should not only consider the enterprises surplus but also consider the cash holdings of enterprises..The abnormal high cash dividend is not only limited to the development of enterprises,but also to the interests of creditors and investors.Therefore,it is of certain significance to study high cash dividendThis paper introduces financial flexibility in the study of cash dividend policy,and analyzes the motivation and effect of high cash dividend.This article first introduces the financial flexibility and the related concepts and theories of dividend policy,the measure index of financial flexibility and high definition of cash dividend.Then take Gree electric appliances as the case,this paper analyzes the financial flexibility of Gree electric appliances as well as the basic of the cash dividend,through the analysis of the two indicators finally obtained the Gree electric appliances of high financial flexibility to promote the cash dividend policy,they are positively related.Thirdly,the reasons and effects of the high school of Gree electric appliances are analyzed,including positive and negative effects.Finally,make effective suggestion according to the case revelation.