title: Ownership structure and dividend policy: A study of Russian public companies with dual class shares
metadata.name: dc.contributor.author
metadata.value: Berezinets, I.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Ilina, Y.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Alekseeva, L.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2017-05-29T10:30:50Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2017-05-29T10:30:50Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2014
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/6384
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: In this paper we investigate the impact of ownership structure on dividend policy. The study is based on a sample of Russian companies with dual-class shares structure over the period of 2003-2009. We explore a broad range of factors related to ownership identity. Conclusions are drawn as to the nature of the impact various owners types have on dividends paid on ordinary and preferred stock. There is an evidence that this impact differs for dividends on ordinary and preferred shares. The dividend policy pertaining to preferred shares is considerably different from the dividend policy pertaining to ordinary shares; it essentially depends on the company's performance.
metadata.lang: en_GB
metadata.name: dc.description.sponsorship
metadata.value: Research has been conducted with financial support as part of the project “Support of Research Projects of Graduate School of Management SPbU Academic Staff” (project No. 16.23.1696.2014)
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: Graduate School of Management, St. Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Worling Papers;#5(E)-2014
metadata.lang: -
metadata.name: dc.subject
metadata.value: ownership structure
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: dividend policy
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: ordinary and preferred shares
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Ownership structure and dividend policy: A study of Russian public companies with dual class shares
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Working Paper
metadata.lang: en_GB
resources.filename: 5_2014 WP 5 Ilina Berezinets.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/6384/1/5_2014%20WP%205%20Ilina%20Berezinets.pdf
resources.format: Adobe PDF
resources.size: 852,69 kB