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- W2024253435 abstract "Abstract-- High payment of cash dividends is one of the ways majority shareholders to expropriate minority shareholders' interests. The higher majority shareholders hold shares, the greater the cash dividends are paid , the more serious the excoriation will be. The use of equity financing to pay cash dividends is a more serious act of interest expropriation which directly leads to expropriation of the capital of minority shareholders. When they have common interests, it may lead to collusion effect. A conflict of interest may leads them to supervise each other. But the supervisory role is not obvious because of higher concentration of shareholder's right." @default.
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- W2024253435 date "2010-08-01" @default.
- W2024253435 modified "2023-09-26" @default.
- W2024253435 title "The Research on Interest Expropriation of the Cash Dividends Policy in China's Listed Companies" @default.
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