Gree High Dividend Policy Influence Factors Analysis

In the current environment of market economy,the financial policy mainly includes: risk management policy,credit policy,financing policy,investment policy and dividend policy,the dividend policy of enterprise,influence the future development of the enterprise,but the enterprise develop,a large number of problems in the process of implementation of the dividend policy dividend policy.Have a direct impact on the interests of investors,so a reasonable guide to the dividend policy of listed companies,protect the interests of investors,has become an important research topic in the capital market economy in our country.The listed company's cash dividend policy has certain effect on the signal transmission of future performance,and the Has a significant effect on the long-term development of the company,and in recent years,China's listed companies cash dividend amount increasing,high cash dividend phenomenon also caused corporate shareholders,investors,China attention of the Commission.GREE electric appliances as research object,using the methods of theoretical research and case analysis of the combination,in the current environment of market economy in our country,analysis the influence factors of the dividend policy is the third.Based on the literature at home and abroad are summarized,followed by the related theory of the high dividend policy analysis,the theory of dividend policy and the actual market cash dividend behavior associated with case analysis,analysis of influencing factors and summarized the dividend policy of GREE high school,finally draws the conclusion of this study,and put forward by the implications of the research process.According to the results of theoretical analysis and case study:(1)enterprises to maintain good profitability is the basis of implementation of the high dividend policy.(2)have the sufficient cash flow is a prerequisite for the implementation of the high dividend policy.(3)the profitability of listed companies is strong,and have plenty of cash flow,but the lack of good investment opportunities in the future,companies prefer to choose the high cash dividend dividend policy.(4)when the industry entered the mature period,business or change,demand for capital,through the high dividend policy to attract more investors.(6)the change of ownership structure of listed companies have decisive influence on its high dividend behavior.(6)in the implementation of high cash dividends Dividend policy is needed to ensure the symmetry of information transmission,investors pay more attention to the comparative analysis of two aspects of profitability and cash dividend company.(7)effect of dividend policy of Listed Companies in the implementation of the provisions of Gao by the Commission issued regulations,and the impact of China's macro economy.