This is the risk caused by cash dividend distribution.

这就是分配现金股利所产生的风险。

What factors effect the cash dividend policy of listed companies?

影响上市公司股利政策的因素有那些？

Tax cost of the cash dividend is more than 2% of current market value.

现金红利的税收成本为当前市场价值的2%以上。

Experimental analysis on large shareholder cash dividend expropriation degree.

大股东现金股利侵占度的实证分析。

Thus, research on the Cash Dividend policy has a great practical significance.

所以，研究现金股利政策就具有十分重要的现实意义。