By comparing the small and medium- sized enterprise board and the main board a- share controlling shareholders＇ related data in 2006 - 2012, this paper discusses the effect of controlling shareholders upon the inclination and magnitude of the cash dividend distribution in listed companies from the ultimate control perspective, and makes use of logistic model and the multivariate linear regression model to verify the panel data. The results show that controlling shareholders＇ economic nature and the control rights and the degree of deviation o...
