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The influence of dividend payment data on the investment attractiveness and potential investors


Khondamir R. Turaev
(about the author)

Turaev Khondamir R. – Postgraduate (Financial University under the Government of the Russian Federation)

Published in:
Russian Journal of Entrepreneurship
– Volume 17, Number 13 (July 2016)

JEL classification: E22, G14, G32

Keywords: dividend payments, dividend policy, event analysis, market response


Citation:
Khondamir R. Turaev (2016). The influence of dividend payment data on the investment attractiveness and potential investors. Russian Journal of Entrepreneurship, 17(13), 1505–1528. doi: 10.18334/rp.17.13.35568


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Abstract:

The article aims to study the market response on declarations of dividends by Russian companies. Although there are many studies devoted to this issue, their results are contradictory and they are related more to developed markets than to developing countries. Understanding of signals that declarations of dividends give to shareholders of companies and to potential investors is very important as it helps to improve the quality of investment and financial decisions. This study will be of interest to researchers in the field of corporate finance and financial management (the scientific profession 08.00.10). The study is based on the event research method. The data sample consists of 170 declarations of Russian public companies for the period of 2010-2014.







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