This paper starts with the application analysis of the western divident theory in China, so as to lay a solid foundation for the divident theory and policies of the stock companies in our country.

• 股利理论对于股份公司的经营运作和各项财务政策的制订具有重大影响。本文立足于西方股利理论对我国的适用性分析,以期为研究我国股份公司的股利理论和股利政策打下坚实基础。