Open AccessResearch on “Clearance” Dividends of Enterprises: Based on Offcn Education & Technology Co., Ltd.
Author(s) -
Zhimin Song,
Ting Liu
Publication year - 2022
Publication title -
scientific and social research
Language(s) - English
Resource type - Journals
ISSN - 2661-4332
DOI - 10.26689/ssr.v4i2.3636
Subject(s) - dividend , legitimacy , business , economics , finance , political science , law , politics
In recent years, there has been a deformed “clearance” dividends mode in the capital market. For example, the “clearance” dividends of Offcn Education & Technology Co., Ltd. for two consecutive years in 2018 and 2019 have attracted the attention of the majority of shareholders and the China Securities Regulatory Commission (CSRC). The reasons behind it are the worthy in-depth research and analysis by the academic community. This paper will first introduce the brief situation of the “clearance” dividends of Offcn Education & Technology Co., Ltd., then analyze the legitimacy of the capital source of the “clearance” dividends, whether the “clearance” dividends belong to the “Ponzi dividend” and the reason of “clearance” dividend, thirdly study the risks faced by the “clearance” dividends, and finally give the enlightenment and suggestions of this paper.