财务管理毕业论文---房地产类上市公司股利政策研究
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毕业论文
题目:房地产类上市公司股利政策研究姓名:
学号:
院系:经济管理学院
专业:财务管理
年级:
指导教师:
摘要
近年来,随着我国市场化改革的不断推进,房地产业已经成为拉动经济增长的支柱产业。房地产业是国民经济发展的晴雨表,房地产市场的发展对于增强区域产业综合竞争力具有重要意义。一批优秀的房地产公司活跃在中国的经济舞台上,引领着整个行业的发展。
但是作为房地产业整体来讲还处于成长发展阶段,存在所有制结构不同、经营模式各异、发展趋势不明晰等等问题。同时,我国房地产类上市公司在转型经济中表现出了独特而不完善的治理结构,与此相对应的是,目前我国房地产类上市公司对股利政策普遍不够重视,股利政策制定的盲目性和随意性很大,部分分配方案既不符合财务决策的相关原则,也不符合股东利益的要求,这种股利分配政策有很多弊端。
因此,本文通过结合西方股利理论及现代股利政策类型,对影响房地产类上市公司股利政策的众多因素进行分析,进而阐述了房地产类上市公司在股利政策实施方面存在的问题和产生的原因,针对存在的问题本文提出了完善措施。因此,房地产类上市公司应结合行业市场的特点,制定适合本公司的股利政策,进而提高公司价值和扩大股东权益,以此来消除市场其对自身不利的影响
关键词:房地产上市公司;股利政策;公司价值;问题;解决方案
Abstract
In recent years, with the development of the market-oriented reform in China, the real estate industry has become a pillar industry of drive economic growth. The real estate industry is the development of national economy, the development of real estate market barometer to strengthen regional industry comprehensive competitiveness is of great significance. A group of outstanding real estate companies active in China's economic arena, and lead the industry's development.
But as the real estate industry whole is still in the development stage, the existence of different, the operation mode and the ownership structure, development trend of each different problems and are not clear. Meanwhile, China's real estate of listed company in transitional economy showed a unique and not the governance structure, the flipside is, at present our country estate of listed company for dividend policy common enough emphasis, dividend policy formulation blindness and liberty of large, some scheme is not accord with the relevant principles of financial decisions, also does not conform to the requirements of the interests of the shareholders, the dividend distribution policy has some shortcomings. Dividend policy is the modern financial activity of the three core content one. First, it is the company financing and investment activities in the logical continuation, is the inevitable result of the financing behavior; Secondly, appropriate dividend policy can not only set a good company image, but also can inspire investors in the company continued investment enthusiasm, giving companies gain long-term and stable development of the conditions and opportunities.
Therefore, based on the impact of listed company dividend policy of real estate of numerous factors were analyzed in combination with the characteristics of real estate market, real estate company should according to industry characteristics and enterprise differences, formulate suits own dividend policy, which can increase the value and expand Stockholders' equity, so as to eliminate the market its adverse influence on their own.
Keywords: real estate of listed companies; dividend policy; the company value ;
problems ;revolution