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Finance and Credit
 

Corporate management as determinant of dividend policy of the Russian companies

Vol. 18, Iss. 14, APRIL 2012

Available online: 3 April 2012

Subject Heading: CORPORATE FINANCE

JEL Classification: 

Sibova N.M. Graduate student of department "Financial Management", Financial University under the Government of the Russian Federation
sibova.nadezhda@yandex.ru

In the article it is noted that the dividend policy is an integral part of financial policy of the majority of the modern companies. The choice of dividend policy represents rather difficult process as one of its major tasks is the optimum combination of interests to need of sufficient financing of development of firm. Corporate management as one of the major a determinant influencing practice of dividend payments of the Russian and foreign companies is analyzed. Hypotheses of interrelation of dividend policy existing in scientific literature and corporate governance are presented.

Keywords: dividend policy, corporate governance, agency expenses, concentration of the capital

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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