Characteristics of the Dividend Policy of Russian Companies and the Interests of Investors
The article analyzes the policy of distributing the profits of publicly traded companies in Russia. The author concludes that bringing dividend payment practices in Russia closer to those in developed countries will hardly be a high priority in the near future.
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Volume (Year): 54 (2011)
Issue (Month): 2 (June)
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References listed on IDEAS
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- Oskar Kowalewski & Ivan Stetsyuk & Oleksandr Talavera, 2007. "Corporate Governance and Dividend Policy in Poland," Discussion Papers of DIW Berlin 702, DIW Berlin, German Institute for Economic Research.
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- Bekaert, Geert & Harvey, Campbell R., 2003. "Emerging markets finance," Journal of Empirical Finance, Elsevier, vol. 10(1-2), pages 3-56, February.
- Gustavo Grullon & Roni Michaely, 2002. "Dividends, Share Repurchases, and the Substitution Hypothesis," Journal of Finance, American Finance Association, vol. 57(4), pages 1649-1684, 08.
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