股利分配理论视角下国企分红与过度投资的关系

重庆交通大学学报（社会科学版） ›› 2017, Vol. 17 ›› Issue (4): 62-67.

股利分配理论视角下国企分红与过度投资的关系

时

福建师范大学经济学院，福州 350100

收稿日期:2016-10-28 出版日期:2017-08-01 发布日期:2017-08-04
作者简介:时（1991—），女，四川南充人，福建师范大学经济学院硕士研究生，研究方向：会计理论与实务。
基金资助:
国家社会科学基金重点项目“国企红利征缴比例倍增目标下的国资预算支出民生化研究”（14AGL007）；国家社会科学基金青年项目“公共资源收益合理共享视角下的国有企业红利分配研究”（13CGL024）；教育部人文社会科学项目“民生财政导向下的国有资本经营预算支出结构与绩效评价研究”（13YJA630007）

The Relation Between StateOwned Enterprises Dividends and OverInvestment Based on the Dividend Theory

SHI Yi

(School of Economics, Fujian Normal University, Fuzhou 350100, China)

Received:2016-10-28 Online:2017-08-01 Published:2017-08-04

摘要/Abstract

摘要： 十八届三中全会发布了《中共中央关于全面深化改革若干重大问题的决定》，规定国有资本收益上缴公共财政比例至2020年提高到30%，国企红利问题再次引起了社会民众的广泛关注。为研究国企分红带来的企业管理效益，从股利分配理论的制度演进入手，基于股利分配理论的视角对国企分红与过度投资的关系进行理论剖析，发现国企分红能够抑制过度投资，并提出对策建议。

关键词: 股利分配理论, 国企分红, 过度投资

Abstract: The Decision of the Central Committee of the Communist Party of China on Major Issues Concerning Comprehensively Deepening the Reform was published after the Third Plenary Session of the 18th CPC Central Committee, which says that the ratio of stateowned capital revenues giving to public finance will be raised to 30% in 2020. At that time, the stateowned enterprises dividends issue has been widely concerned again. To study the benefit from the stateowned enterprises dividends, based on the dividend theory development and from a new angle, the relation between stateowned enterprises dividends and overinvestment is analyzed. Based on the dividend theory, stateowned enterprises dividends can hinder overinvestment. Finally, based on the study conclusion, related suggestions are put forward.

Key words: dividend theory, stateowned enterprises dividend, overinvestment

时. 股利分配理论视角下国企分红与过度投资的关系[J]. 重庆交通大学学报（社会科学版）, 2017, 17(4): 62-67.

SHI Yi. The Relation Between StateOwned Enterprises Dividends and OverInvestment Based on the Dividend Theory[J]. , 2017, 17(4): 62-67.