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Corporate dividend policy mainly focus on how to distribute profit after tax. 摘要股利政策主要讨论企业税后利润如何分配的问题，是企业的一项重要决策。
Dividend policy is the decision by which a listed company allots its earnings. 摘要股利政策，是上市公司期末如何分配其收益的决策。
We have decided to continue adopting a favourable dividend policy to enable shareholders to share the success. 继续落实集团以往积极派发股息的宗旨,使股东们共同分享成果。
The paper uses the optimal control theory to study the effect of the tax rate differences on the dividend policy. 本论文将运用最优控制理论研究税收差异这一因素对公司股利政策的影响,以期从数学模型的角度来得到一些比较严谨的结果。
Meton Miler, Franco Modigliani. Dividend Policy:Growth and the Valuation of Shares [J] .Journal of Business, 196. 苏灵;李艳丽.;股利政策信息内涵效应[J]
One iscapital structure and dividend policy derived from the theory of Cornelland Shapiro(1987). 一是沿着 Cornell、Shapiro(1987)的思想衍生的隐性契约与融资政策、股利政策研究,另一个是在 Klein,Crawford,Alchian(1978)提出的专用性投资基础上的研究。
Dividend policy is one of the three core content of financial management of modern companies. 摘要股利政策是现代公司理财活动的三大核心内容之一。
Study of dividend policy from the respective of ownership structure is hot around the world in recent years. 摘要从股权结构角度研究股利政策是近年来各国学者研究的热点问题。
Dividend policy is a modern financial companies listed as one of the three core activities. 股利政策是现代上市公司理财活动的三大核心内容之一。
Baker, H.K. A Survey of Management Views on Dividend Policy [ J]. Financial Management, 1985, ( 3 ) : 36 -48. 魏刚蒋义宏.;中国上市公司股利分配问卷调查报告[J]
Since dividend policy is not only related to microscopical operation of a company but also related to macroscopical operation of financial market. 公司股利政策的制定既与公司的微观运行有关，又与证券市场的宏观运行有关。
But over emphasizes finance dividend policy if listed company is unscientific and irrational, with random and blindness. 股利政策不科学、不理性，股利决策带有很大的随意性、盲目性。
Although the later theories tend to admit the correlation between dividend and stock value, the old method is still adopted for the research of the optimal dividend policy. 虽然以后的一些理论认为股利政策是可以影响股价的,但对股票定价的研究基本还是采取以前的模式，实践中的对最优股利政策研究是采用股利政策影响因素分析法。
The transaction of corporate control will readjust the game pattern, and a dynamic equilibrium between dividend policy and corporate governance will come into being. 控制权交易的发生将重新调整公司内部的博弈格局，从而在股利政策和公司治理之间形成了一种动态的均衡。
Lin, Y. M., Y. S. She, and S. L. Chen, "Dividend Policy, Permanent Earnings and Equity Valuation", 2004 Hawaii International Conference on Business, Honolulu, Hawaii, U.S.A, 2004. 林宜勉、游淑祯、黄铭申;"买卖价差、流动性与流动性风险";2004现代财务论坛学术研讨会;云林科技大学与逢甲大学财务金融学系联合主办;2004年.
Finally, based on the analysis of empirical results, relative suggestions are put forward to educe optimal dividend policy and vindicate market justness. 最后，本文结合对上述结论的分析，对如何引导最优股利政策以维护市场公正提出了相应的政策建议。
Signaling theory is one of the main theories of the nature of dividend policy,which holds that dividend can signal corporation's future earning level to investors effectively. 股利信号传递理论是解释股利政策的主流理论之一,该理论认为股利能有效传递公司发展前景的信息。
When the MD answered 1 of the shareholders inquire about the dividend policy, his reply further proved my view that the increasing cash flow is to service the bond repayable. 当博士回答1股东询问的股息政策，进一步证明他在回答我认为，日益增加的现金流量是服务债券偿还。
After 30 years ,there are so many dividend policies theory, a lot of difference exist in these theory. 经过30多年的发展演进,股利理论已经从不同的角度得到了拓展,财务经济学中出现了大量研究股利政策的理论,诸如股利有关论和股利无关论等。
I defer to your greater experience in such things. 在这些问题上，我尊重你丰富的经验。