Study On Dividend Distribution Policy Of Maotai Liquor Co.,Ltd.

Dividend distribution policy is an important content of corporate financial policy research,and is also one of the research hotspots in recent years.Dividend distribution policy can not only convey the companys performance signals to the outside world,but also affect the amount of cash retained by the company and the confidence of shareholders in the company.Therefore,the dividend policy choice of listed companies has a significant impact on listed companies themselves.According to dividend policy theory and a large number of studies,a good dividend policy can send some positive signals to the market,promote the stock price of listed companies,enhance shareholders confidence in listed companies,and enhance the value of listed companies.Better safeguard the interests of shareholders.In addition,the dividend policy of listed companies will also have an impact on the management and future development of listed companies.Taking the dividend distribution policy of Guizhou Maotai Liquor Co.,Ltd from 2013 to 2017 as an example,this paper analyzes the causes of the dividend policy of Guizhou Maotai Liquor Co.,Ltd and its influence on the development of the listed company itself.This thesis consists of six parts,according to the general logical order of the research issues,namely,theoretical framework,reality,cause analysis,empirical analysis and policy recommendations.The first part is the introduction.This part mainly describes the background,research purpose and research methods of the article.The significance of dividend policy to the development of the company and the relationship between shareholders,the motivation and purpose of the study are explained,and the research methods are briefly introduced.The second part is the literature review at home and abroad,this chapter reviews the development of dividend policy at home and abroad.The third part is the summary of dividend policy.The fourth part summarizes the development situation and dividend policy characteristics of Maotai Liquor Co.The fifth part is empirical analysis and comparative analysis.On the basis of studying the influencing factors of the dividend policy of Maotai Wine Co.,Ltd,this chapter mainly analyzes the influencing factors of the dividend policy of Maotai Liquor Co.,Ltd,and carries on the empirical test.The sixth part is the conclusion,the content of this chapter includes second parts:conclusion and suggestion...