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Economical Consequences of Reduction of Nominal Value of Shares and the Rights of Creditors


Andrey Glushetskiy
(about the author)

Glushetskiy Andrey Anatolyevich – Professor, Graduate School of Finance and Management, Russian Presidential Academy of National Economy and Public Service

Published in:
Russian Journal of Entrepreneurship
– № 12-1 / December, 2011



Keywords: assets, fulfilment of liability obligations for creditors, net assets, nominal value of shares, own funds, share capital in nominal and real terms


Citation:
Andrey Glushetskiy (2011). Economical Consequences of Reduction of Nominal Value of Shares and the Rights of Creditors. Russian Journal of Entrepreneurship, 12(12), 78-83. — url: http://bgscience.ru/com/lib/3301


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Abstract:

The paper provides analysis of economic consequences of decreasing nominal value of shares within the stock of a limited liability company. It proves the lack of any objective correlation between the change in the size of the share capital and the rights of creditors with regard to the company.







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