Issue 4, 2011

Alexeeva L. V., Berezinets I. V., Ilina Yu. B. Ownership Structure and Dividend Policy: A Study of Russian Companies.

This article continues the study of ownership concentration and ownership structure in relation with the dividend policy in public companies. The research focuses on owners’ identity impact on the dividend policy. The sample of Russian companies with dual class share structure is analyzed during the period of 2003–2009. We conclude on specifics of the effect on common and preferred stocks dividends associated with different types of owners. Keywords: Dividends, Corporate Governance, Public Companies, Dual Class Shares, Ownership Structure.

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