摘要:The dual agency relation and lack of effective incentive and restraint mechanism make stock right structure of China’s listed companies special. This special stock right structure will inevitably exert direct and profound influence on formulation of cash dividend policies. Based on the 2007 to 2010 data of China’s agricultural listed companies and focusing on the stock right structure, this paper selected 6 indicators and the BP ANN to build the cash dividend policy identification model, in the hope of helping investors accurately predict influence of stock right structure on cash dividend policies, so as to reduce investment risk to some extent.
关键词:Agricultural listed companies;Stock right structure;Cash dividend policies;Identification model;BP ANN