Dissertation > Excellent graduate degree dissertation topics show

Research on Treasury Stock System of the Listed Company from the Financial Perspective

Author: WangKaiJie
Tutor: WanYuZuo
School: Hunan University
Course: Accounting
Keywords: Treasury Stock Share Repurchase Listed Company
CLC: F832.51
Type: Master's thesis
Year: 2010
Downloads: 32
Quote: 0
Read: Download Dissertation

Abstract


The treasury stock system of the listed company are about the acquirement and usage of treasury stocks. Treasury stock system has been implemented for many years in the United States, Britain, Germany, Japan and other countries. And it has played a positive role in the stability of the capital market and the improvement of the company’s financial position. Treasury stock was previously not allowed to exist in our country before 2005. But "Company Law" of our country was significantly changed in 2005, it requires that the listed company can repurchase stocks to meet the objections of employee stock ownership plan and the withdrawal of the dissenting shareholders and hold the repurchase shares for a certain period. So the existence of the treasury stock is actually recognized. This transformation of the legal policy gives us many fresh subjects to study up on. These subjects include the acquirement and usage of treasury stocks.In this paper, firstly it presents the definition of treasury stock and its legal characters different from the common stocks and gives a brief description of the development process of the treasury stock system from the perspective of domestic and foreign. Then it introduces several important hypotheses which the establishment and development of the treasury stock are based on and shows some risks brought with treasury stock at the same time. Treasury stock is just like a "reservoir", and it adjust the capital market and the company’s financial position from two ways by share repurchase and usage of treasury stocks. So the main part of this paper divides the treasury stock system into two stages which are share repurchase and the stage after share repurchase and then have a detailed analysis and research on financial decision making and financial effects from the financial perspective. Finally the paper analyzes the system of treasury stock in china and puts forward some suggestions.

Related Dissertations

  1. Chinese A-shares Listed Company Audit Pricing Research,F832.51;F224
  2. Enterprise Investor Relations Management Research,F832.51
  3. The Conflict between Information Disclosure and Confidential Information Protection and Its Coordination,D912.28
  4. The Empirical Study of Listed Companies’ Stock Market Reflection About Refinancing in China,F275
  5. Research on Earnings Management Base on Analysis of Auditor’s Opinion for Listed Companies in China,F239.4
  6. The Research on Short-term Wealth Effect of Shareholding Division Reform of Agricultural Listed Company,F832.51
  7. Comparative Study on Share Repurchase by Listed Companies between China and US,F832.51
  8. Select a non - public offering of A-share listed companies financing and its impact on company performance,F832.51;F224
  9. A Stock-Market Overall P/E Influencing Factors Positive Analysis,F224
  10. Study on Influencing Factors of Private Benefits of Control from China’s Listed Companies,F271;F224
  11. China 's listed companies stock option incentives and Company Performance,F832.51;F224
  12. Research on Information Disclosure Compliance Problems of Listed Companies in China,F276.6;F224
  13. An Empirical Research on Influencing Factors of Executive Compensation of Listed Companies,F272
  14. A Risk-oriented Study of the Internal Control Mechanism,F275
  15. Legal regulation of state-controlled listed companies on executive pay,D922.291.91
  16. Research on Legal System of Foreign Capital Mergence between China and USA,D912.29
  17. Study of Private Placement Pricing of Listed Company in China,F832.51;F224
  18. Media Business Model Research of Listed Companies under Network Convergency,G206-F
  19. A Study on Company Features Factors Which Influence the Debt Maturity Structure of China Listed Manufacturing Companies,F275
  20. An Empirical Study of Financial Distress of animal husbandry and fishery industry,F302.6
  21. Institutional factors influence the capital structure of listed companies in China,F275

CLC: > Economic > Fiscal, monetary > Finance, banking > China's financial,banking > Financial market
© 2012 www.DissertationTopic.Net  Mobile