股利政策股东权益的影响.doc

安徽建筑工业学院 毕 业 设 计 (论 文) 专 业 财务管理 班 级 08财务管理 学生姓名 陶璐璐 学 号 08204030114 课 题 股利政策对股东权益的影响 指导教师 刘洪 2012 年 05月 02 日 股利政策对股东权益的影响 摘要：资本市场的发展源泉在于广大社会公众的积极参与，在于通过资本融通市场对资本进行整合。把社会上的闲置资金吸引到特定领域中来。通过股市融合流入到生产体系中去。股东投资于公司向公司注入血液就是为了一定的回报，这种回报就多数体现在股利上，这样不同的股利政策就会对股东的权益产生不同的影响，这样就会影响也就会产生了不同股利政策影响广大股民不同的投资倾向，最终影响公司的筹资运行。这样股利政策对股东权益的影响的研究就具有很大的意义，因为这不仅关系到公司的利益——公司的发展与稳定，也关系到股东的权益，股利政策问题就要在公司利益和股东权益之间寻找一个制衡点。而作为广大股民，在投资时也会根据那些能使自身获得更多更好的利益的股利政策进行投资。这就需要我们探讨股利政策对股东权益的影响。本文分析的是狭义的股利政策：股利分配政策。通过对个鼓励政策有缺点的分析，浅析一下对股东权益的影响。 关键字 股利政策 股东权益 影响 选择 利弊 The effect of dividend policy to shareholders Abstract Source of capital market development is the active participation of the majority of the public is to integrate the capital financing through the capital market. Social idle funds attracted to specific areas. Through the stock market, integration flows into the production system. Injected into the blood to the company by the shareholders to invest in the company to return, this return on the majority is reflected in the dividend on such different dividend policy will have different impacts on the interests of shareholders, which would impact would produce different dividend policy affect the propensity to invest the majority of shareholders, and ultimately affect the running of the companys financing. So that the impact of dividend policy on shareholders equity has great significance, because not only to the interests of the company - the companys development and stability, but also to the interests of shareholders, the dividend policy issue will be in the interests of the company and shareholders find a balance between the interests of the point. As a majority of shareholders, the investment will be based on those who make their own more and better the interests of the dividend policy to inv