Considering China\'s institutional particularities and taking companies that announced stock dividend plans before April 30,2009 as samples,our empirical study looks into the impact of capital stock expansion on stock dividend and concludes that that the capital stock sizes of China\'s listed companies have a significant impact on their amount of stock dividends.

It analyzes the differences and similarities between the third economic globalization and previous two, concludes that the essence of economic globalization is global capital expansion, and that intangible capital plays key role in the third time and becomes the dominant force in capital expansion.

In order to adapting itself to the new environment of china s entry to the WTO and economic globalization, Zhuzhou Chemical Industry Group must make and complement its capital expansion strategy, make great efforts to develop capital management, realize the capital s fast expansion, buildup its strength of compe.

} of simple modules in σ,any essential extension of ∞i=1E M(S i) in σ is a countably direct sum of CS-modules.

By the basic concept of essential subgroups and essential extensions, a surprising result is given in this paper.