| dc.contributor | 財管系 | en_US |
| dc.creator (作者) | 陳嬿如 | zh_TW |
| dc.creator (作者) | Lin, Yi-Hua ;Chiou, Jeng-Ren ;Chen, Yenn-Ru | en_US |
| dc.date (日期) | 2010.02 | en_US |
| dc.date.accessioned | 22-Oct-2014 12:26:38 (UTC+8) | - |
| dc.date.available | 22-Oct-2014 12:26:38 (UTC+8) | - |
| dc.date.issued (上傳時間) | 22-Oct-2014 12:26:38 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/70693 | - |
| dc.description.abstract (摘要) | Most Chinese listed companies have been transformed from state-owned enterprises; the resulting institutional transformation is characterized by the emergence of highly concentrated ownership and state-owned shares, which may exert an influence on corporate finance. We examine the relationship between ownership structure and cash dividend preference and then reexamine the same relationship with different levels of growth opportunities. The results reveal a positive relationship between cash dividend preference and state ownership, but the same relationship exists only in firms facing lower levels of investment opportunity. However, the ratio of employee shares and tradable shares correlates significantly and negatively with cash dividend preference. | en_US |
| dc.format.extent | 107434 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | Emerging Markets Finance & Trade, 46(1), 54-70 | en_US |
| dc.subject (關鍵詞) | dividend preference; ownership structure; state-owned shares | en_US |
| dc.title (題名) | Ownership Structure and Dividend Preference: The Evidence of China’s Listed Firms | en_US |
| dc.type (資料類型) | article | en |
| dc.identifier.doi (DOI) | 10.2753/REE1540-496X460106 | en_US |
| dc.doi.uri (DOI) | http://dx.doi.org/10.2753/REE1540-496X460106 | en_US |
