Problems of proprietary rights and their influence on dividend policy of joint-stock companies is the part of the whole area of interests of modern economic theories – corporate governance. Corporate governance is among others possible to define as the set of rules and mechanisms leading to such behaviour of the joint-stock company which ensures shareholders their rights towards the company and at the same time will respect the primary aim which is maximization of the company market. In the current global world rights of shareholders often have an international and supra-national dimension as well. One of the rights of the shareholder is to share corporate profits. The aim of this conference papers is to analyze, whether companies in whose proprietorship foreign subjects participate in a significant way distinguish in the applied dividend policy. Three hypotheses concerning the character of proprietors of the company were formulated and the fact whether potential divergences influence dividends paid out.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
12601.
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