| Currently,China’s listed companies are implementing the "semi-compulsory dividend system",which combines the qualification of dividends and refinancing,and the number of dividends has increased.and the quality of corporate governance of listed companies has been improved.China Securities Regulatory Commission(CSRC)has issued the rules for the mandatory payment of dividends to listed companies.Since the introduction of the semicompulsory cash dividend system in China,there are still some problems,such as a narrow range of liabilities,a wide range of liabilities and an uneven distribution of profits.The low level of debt is closely linked to refinancing.A variety of problems show that the semicompulsory cash dividend system still needs to be revised and improved.It is of great theoretical and practical importance to examine the compulsory cash dividend system of listed companies.In this paper,listed companies in Inner Mongolia will be the subject of research by analysing the official website data of the China Securities Regulatory Commission,using descriptive statistical methods,Analysing the dividend position of listed companies in Inner Mongolia.In order to explore the optimisation mechanism of the dividend system of listed companies,Eastern LETV and Sinopec have conducted consulting and research on the dividend system of listed companies in China.The structure of this paper is as follows: the first chapter is the introduction.This paper presents the background and importance of research,the research content and the research methods,the innovation of this paper and the literature review of the cash dividend system of listed companies.In the second chapter the basic problems of the cash dividend system of listed companies in China are explained.Stock exchange companies in Inner Mongolia.The fourth chapter examines the problems and reasons of the cash dividends in the Inner Mongolian Stock Exchange.The fifth chapter aims to improve the obligatory cash dividend system of listed companies in China.In particular,there are some problems in the cash dividend system of listed companies.The research shows that the obligatory dividend of listed companies has a certain theoretical basis and necessity.In company law or securities law the obligation to divide and the legal liability for breach of contract of listed companies should be specified,In order to further optimise the equity structure,in the corporate governance structure,we should establish the cumulative supervisory system and the classified distribution system,strengthen the implementation of cash dividends of listed companies and protect the legitimate rights and interests of shareholders. |
