盈利性投资
盈利性投资
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适度股利支付水平应是在目标的负债/资本比率条件下,满足公司盈利性投资需求而能达到融资成本最低、股权结构稳定,进而实现公司价值较大幅度提高的可操作性的水平。
Moderate dividend need to meet the demand of investment of the company , so it can make the cost of financing lowest and keep the operational structure stable , in order to improve the value of a company .
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二是可满足公司盈利性项目的投资需求和某些意外性支付。
Second , the firm can use cash holdings to finance profitable investment and pay for unexpected payments .
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另一方面,如果基金管理人为了追求盈利性而大量投资于股票、债券则会面临巨额赎回压力。
On the other hand , if fund administrators invest a lot of money in stocks or bonds for pursuing the earnings , the redemptory pressure of enormous amounts of money will be faced with .