Xiu Wen
ABSTRACT
Based on the empirical data of Chinese listed companies, this paper investigates the relationship between a company's performance and its selection of different types of high transfer behaviours. The study found that the stronger the performance and profitability of a company, the more likely it is to follow a dividend distribution policy of high-proportion bonuses. The reason is that when poorly performing companies lack retained earnings, insiders are more likely to throw their shares with a high price through a distribution policy of high increase by transferring shares to achieve their own objectives.
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Index Terms
- Does Corporate Performance Influence the High Transfer Type Chosen by Companies?: Research of Empirical Data Based on Chinese Listed Companies
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