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Optimization of Shareholders's Incomes with Investments into Production Reforming

Author

Listed:
  • Lyudmila N. Rodionova
  • Olga G. Kantor
  • Natalia O. Ruhlyada
  • Svetlana A. Karpovskaya

Abstract

In recent years a company's goal is not profit making but capitalization. Companies having the capital value larger than their competitors win in the market. This determines the trends in the capital market, namely merger and acquisition, which have been very popular recently in the international market. This paper considers economic statement, formalization and fulfillment of a problem of optimization of management decisions during formation of funds for company development.

Suggested Citation

  • Lyudmila N. Rodionova & Olga G. Kantor & Natalia O. Ruhlyada & Svetlana A. Karpovskaya, 2015. "Optimization of Shareholders's Incomes with Investments into Production Reforming," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 101-114.
  • Handle: RePEc:ers:ijebaa:v:iii:y:2015:i:4:p:101-114
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    References listed on IDEAS

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    1. Easterbrook, Frank, 2010. "The Limits of antitrust," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 75-98.
    2. Merton H. Miller & Franco Modigliani, 1961. "Dividend Policy, Growth, and the Valuation of Shares," The Journal of Business, University of Chicago Press, vol. 34, pages 411-411.
    3. Gustavo Grullon & Roni Michaely & Bhaskaran Swaminathan, 2002. "Are Dividend Changes a Sign of Firm Maturity?," The Journal of Business, University of Chicago Press, vol. 75(3), pages 387-424, July.
    4. Litzenberger, Robert H. & Ramaswamy, Krishna, 1979. "The effect of personal taxes and dividends on capital asset prices : Theory and empirical evidence," Journal of Financial Economics, Elsevier, vol. 7(2), pages 163-195, June.
    5. John Lintner, 1964. "Optimal Dividends and Corporate Growth under Uncertainty," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 78(1), pages 49-95.
    6. Easterbrook, Frank, 2010. "The Limits of Antitrust," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 29-41.
    Full references (including those not matched with items on IDEAS)

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    1. repec:ers:journl:v:special_issue:y:2018:i:1:p:407-422 is not listed on IDEAS
    2. L.Yu. Andreeva & V.V. Aksenov & A.V. Andreeva & M.L. Somko, 2018. "The Role of Retraining Technologies of Personnel in Ensuring Financial Stability of Transport and Industrial Companies," European Research Studies Journal, European Research Studies Journal, vol. 0(Special1), pages 407-422.

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    More about this item

    Keywords

    distribution of profits; dividend policy; market capitalization; the optimization; method of successive concessions;
    All these keywords.

    JEL classification:

    • D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading

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