作　　者： ;

机构地区： 汕头大学

出　　处： 《会计研究》 2016年第4期61-69,共9页

摘　　要： 股利平稳性对我国推动中小投资者利益保护和资本市场持续发展有着重要的理论与现实意义。本文回顾并评析了国内外有关股利平稳性的动态演进及相关研究：从概念上厘清股利平稳性的本质与内涵，归纳其测量方法；概括了国外学术界关于股利平稳性的前沿研究进展与主要观点；评述了中国情境下的股利平稳性研究现状和2011年以来股利政策研究动态；从情境、内涵、测量、前因、效应与方法六个方面，提炼了未来研究的方向，并提出了从宏观到微观再到宏观的理论框架。本文既为我国学者提供关于股利平稳性的前沿研究资料和未来研究指引，也有助于进一步地推动我国股利监管制度对股利平稳性影响的深入研究。 The content of dividend smoothing has theoretical and practical significance for protecting minority investors' benefit and promoting capital market sustainable development. In this paper,we review the frontier research on dividend smoothing both at home and abroad. Firstly,we clarify the nature of the dividend smoothing from the concept to the connotation,and summarize its measuring methods. Secondly,we investigate the determinants of dividend smoothing and its economic consequences. Thirdly,we review the research status on dividend policy and dividend smoothing of Chinese context. Finally,we conclude the future research direction,and built a'macro-micro-macro'theoretical framework on dividend smoothing. Our work provides the forefront of research materials about dividend smoothing to domestic scholars,and promotes China's depth study growing on the impact of dividend regulation policy on dividend smoothing.

关 键 词： 股利平稳性 股利监管 理论框架 中国情境

分 类 号： [F275.4]

领　　域： []