文献类型：期刊文献

中文题名：实际控制人特征、现金股利发放与上市公司竞争力

英文题名：Characteristics of Actual Controllers,Cash Dividends Distribution and Competitiveness of Listed Companies

作者：臧卫国[1]

第一作者：臧卫国

机构：[1]河南财经政法大学会计学院

第一机构：河南财经政法大学会计学院

年份：2016

卷号：34

期号：5

起止页码：57-62

中文期刊名：河南科技大学学报：社会科学版

收录：国家哲学社会科学学术期刊数据库

语种：中文

中文关键词：实际控制人;现金股利;上市公司

外文关键词：actual controllers; cash dividends; listed companies

摘要：受实际控制人的影响,企业竞争力、现金股利发放及其相关性存在较大差异。非国有控股公司获利能力较国有控股公司好,倾向于发放现金股利;非国有控股公司绩效与现金股利发放的相关性强。上市公司发放现金股利具有规模效应;股权集中度影响股利派现同公司绩效的相关性,并具有区间效应。
Influenced by actual controllers, there exists great difference between enterprise competitiveness,cash dividends distribution and the correlation between them. Non-state-owned holding companies have betterprofitability than state-owned ones, and tend to distribute cash dividends. Meanwhile, there is strongcorrelation between company performance and cash dividends distribution within non-state-owned holdingcompanies. Cash dividends distribution by listed companies can bring scale effect; ownership concentrationaffects the correlation between cash dividends distribution and company performance, and has interval effect.