Plekhanov Russian Economic Academy

Plekhanov Russian Economic Academy

The theme of the report:

“Going public and the dividend policy of the company.”

By Timofeeva M. V.

The supervisor: Sidorova E. E.

Moscow 2001.

Contents

Introduction

I. ‘Going Public’ and the Securities Market3

1. ‘Going Public’

2. Types of Shares

3. The Stock Exchange and the Capital Market

4. Procedure for an Issue of Securities

5. Equity Share Futures and Options

II. Dividend Policy and Share Valuation

1. Dividends as a Residual Profit Decision

2. Costs Associated with Dividend Policy

3. Other Arguments Supporting the Relevance of Dividend Policy

4. Practical Factors Affecting Dividend Policy

5. Alternatives to Cash Dividends

Summary

References

3

4

4