1. The dividendpreference carried by most preferred stocks is a cumulative one.
大多数优先股的优先股利具有累积的特点。
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2. The dividend usually is stated as a dollar amount per share. some preferred stocks state the dividend preference as a percentage of par value.
股利通常以每股为单位表示其金额，有些优先股也以票面值的百分比表示股利。
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3. There is now no preference — well it could be — there are lots of complexities in the tax law but, basically, dividend policy really is irrelevant now.
这就没有偏好差别了，税法中仍有很多复杂条款，但基本说来，是否推行股利政策与此无关。
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4. There is now no preference--well it could be-- there are lots of complexities in the tax law but, basically, dividend policy really is irrelevant now.
这就没有偏好差别了，税法中仍有很多复杂条款，但基本说来，是否推行股利政策与此无关。
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5. State owned shareholders have a strong preference for cash dividend, and it has low degree of embezzlements than non-state-owned shareholders.
国有控股股东有很强的现金股利偏好，但是其对上市公司的资金侵占程度比非国有控股股东低。
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6. Our study develops existing models to analyze the relations among share holding structure, share holders' preference and cash dividend policies.
笔者对已有的模型进行拓展，来分析股权比例、控股股东安全偏好和现金股利政策的关系。
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7. Our study develops existing models to analyze the relations among share holding structure, share holders' preference and cash dividend policies.
