A Study on the Financial Strategy of Real Estate Industry

被引:0
|
作者
Chen Guoxin [1 ]
He Feng [1 ]
Zhang Meiyu [1 ]
机构
[1] Nankai Univ, Sch Business, Tianjin 300071, Peoples R China
关键词
Real Estate; Working Capital; Capital Structure; Dividend Policy;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
In this paper, base on the 310 samples, the empirical study has found that the real estate business's working capital management efficiency is significantly related to enterprise performance, relationship between ROE and EM is inverted U-curve type, the performance of the companies who has pay the shareholders cash dividends was significantly higher than that who did not pay cash dividends. Among the company paid cash dividends, the companies who pay higher dividends instead of had worse performance. The cases of Shenzhen Vanke and Shenzhen S.E.Z.Real Estate have validated the results of empirical research.
引用
收藏
页码:1027 / 1034
页数:8
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