转增资本 meaning in English

transfer to paid-in capital

But from the birth of the share market , the distributions of the dividends in public corporations have its special features . these features determine that the research of the dividends policies in china cannot follow the western theory of the dividends policies
但是，我国上市公司的股利分配从一开始就具有股票股利多、转增资本多、不分配现象多的特色，这就决定研究中国上市公司股利政策的研究不能照搬西方的股利理论。
There are many problems in dividend distribution of listed companies in china : an obvious tendency of abusing dividend signal , dividend policy being discontinuous and unstable , a general phenomenon to distribute little and non - distribution . dividend plan is often accompanied by capital stock expansion such as share allocation and capitalization of share premium . list company usually mistakes allocation dividend distribution , highly encloses money under the pretence of it
目前，我国上市公司股利分配存在的问题主要包括：上市公司滥用股利信号，股利政策缺乏连续性和稳定性；上市公司存在不分配或少分配股利现象；股利分配方案往往伴随着配股，转增资本等股本扩张行为；误将配股作为股利分配，以此为幌子大把圈钱；违反同股同权、同股同利的原则，有失公平；股权结构的差异和股本规模的不同形成股利分配的差异，等等。