scholarly journals Analysis of dividend payments practice of Russian joint stock companies with state participation

2020 ◽  
Vol 28 (2) ◽  
pp. 385-401
Author(s):  
Alexandra P. Chigrinskaya

The different indicators that can be used by individual investors considering stocks are analyzed in the article. The joint stock companies with state participation are studied. The dividend payments practice of seven companies are reviewed. The need for an integrated approach with a primary focus on relative indicators is clearly demonstrated. It is concluded that news of record amounts of dividend payments should not always be taken as a convincing signal for stock investments. Special attention is paid to nuances that should be taken into account to maximize profit.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohammad Tariqul Islam Khan ◽  
Siow-Hooi Tan ◽  
Lee-Lee Chong ◽  
Gerald Guan Gan Goh

PurposeThis study examines how the importance of external investment environment factors affect stock market perception, and how stock market perception affects stock investments after stock market crash witnessed by individual investors in one of the emerging stock markets.Design/methodology/approachA cross-sectional survey was administrated among 223 individual investors who experienced stock market crash in 2010–2011 in Bangladesh, and the proposed model was tested by the partial least squares-structural equation modeling PLS-SEM model.FindingsFindings show that the importance of Bangladesh's stock market performance, government policy, economic issues and neighboring country's stock market performance has effects on investors' stock market perception. This perception, in turn, decreases monthly stock trading and short-term investment horizon. The findings further show the mediating effect of stock market perception.Practical implicationsInvestors need to carefully consider the external investment environment when they form their stock market perception, as this perception drives stock investments. Analogously, regulators should ensure releasing timely and updated statistics on external investment factors.Originality/valueAddressing those investors who encountered stock market crash, a set of external investment environment issues, stock market perception and stock investments are new in the literature.


2020 ◽  
Vol 01 (01) ◽  
pp. 93-104
Author(s):  
Aamir Sohail ◽  
Abid Hussain ◽  
Farhad Hussain

In study of stock investment in the capital market by investors in Pandemic Covid-19, it is always carried out rationally. Decisions on stock investments are not always rational. main purpose of research is to analyze behavioral factors that affect preferences of individual’s investors and fund managers in emerging stock market, Pakistan Stock Exchange. The data of this research were “collected through semi-structured interviews with five fund managers and five individual investors” from Pakistan Stock Exchange. The researchers used thematic analysis for data interpretation. The major findings stress that retail investors are more effected by behavioral biases in comparison with fund managers. The results shows that there are some major biases which are affecting both type of investors like overconfidence-gambling, herding, market, prospect, errors and anchoring-ability bias. Data for this study was collected for one time only, for better understanding data may be collected for more than one time in future. Triangulation method may be directed in future for further clarification in existing study.


2008 ◽  
Vol 43 (3) ◽  
pp. 613-655 ◽  
Author(s):  
Zoran Ivković ◽  
Clemens Sialm ◽  
Scott Weisbenner

AbstractThis paper tests whether information advantages help explain why some individual investors concentrate their stock portfolios in a few stocks. Stock investments made by households that choose to concentrate their brokerage accounts in a few stocks outperform those made by households with more diversified accounts (especially among those with large portfolios). Excess returns of concentrated relative to diversified portfolios are stronger for stocks not included in the S&P 500 index and local stocks, potentially reflecting concentracted investors' successful exploitation of information asymmetries. Controlling for households' average investment abilities, their trades and holdings perform better when their portfolios include fewer stocks.


1978 ◽  
Vol 51 (2) ◽  
pp. 299 ◽  
Author(s):  
Gary G. Schlarbaum ◽  
Wilbur G. Lewellen ◽  
Ronald C. Lease

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Tobias Hofstetter ◽  
Jocelyne Desideri ◽  
François Mariéthoz ◽  
Marie Besse

Abstract This paper’s primary focus is the investigation of Late Iron Age funeral practices. This is carried out by means of a multidisciplinary study of two necropolises, Randogne – Bluche and Sion – Parking des Remparts, which are located in southwestern Switzerland. The overall purpose of this paper is to enhance the socio-cultural understanding of this period through an integrated approach that combines the fields of bioanthropology, archaeology and ancient cultural history. Consequently, sex, age, pathologies and biological proximity first were assessed for the individuals found in the two studied necropolises. Next, data from these necropolises was contrasted with the archaeological and cultural environment from the surrounding regions. Finally, a combined perspective was developed in order to consider and combine the data collected through these different approaches. The obtained results appear to point to a regional particularism present in southwestern Switzerland’s funerary practices during the Late Iron Age. However, cultural influences from both northern and southern neighbouring regions can be identified in southwestern Switzerland’s funerary rites and material productions, which sheds light on the innerworkings of the Celtic communities populating this region.


Author(s):  
Clark R. Dickerson ◽  
Alison C. McDonald ◽  
Jaclyn N. Chopp-Hurley

Objective The aim was to review the biomechanical origins of occupational shoulder damage, while considering the complexity of shoulder mechanics and musculoskeletal consequences of diverse task demands. Background Accessible measures of physical exposures are the primary focus of occupational shoulder assessments and analyses. This approach has led to guidelines and intervention strategies that are often inadequate for mitigating shoulder disorders amongst the complexity of modern workplace demands. Integration of complex shoulder mechanics into occupational assessments, analyses, and interventions is critical for reducing occupational shoulder injury risk. Method This narrative review describes shoulder biomechanics in the context of common injury mechanisms and consequent injuries, with a particular focus on subacromial impingement syndrome. Several modulators of shoulder injury risk are reviewed, including fatigue, overhead work, office ergonomics considerations, and pushing and pulling task configurations. Results Relationships between work requirements, muscular demands, fatigue, and biomechanical tissue loads exist. This review highlights that consideration of specific workplace factors should be integrated with our knowledge of the intricate arrangement and interpersonal variability of the shoulder complex to proactively evaluate occupational shoulder demands and exposures. Conclusion A standard method for evaluating shoulder muscle exposures during workplace tasks does not exist. An integrated approach is critical for improved work design and prevention of shoulder tissue damage and accompanying disability. Application This review is particularly relevant for researchers and practitioners, providing guidance for work design and evaluation for shoulder injury prevention by understanding the importance of the unique and complex mechanics of the shoulder.


2020 ◽  
Vol 8 (10) ◽  
pp. 113-120
Author(s):  
Arthur Guarino ◽  
Wenjing Wang

It has been a long-held principle in corporate finance that a company’s dividend payments must come from its net profits. Also, that the dividends paid to a company’s shareholders, whether holders of common or preferred stock, are entitled to some of those net profits in the form of dividends as a reward for investing and the risk involved. These concepts have been used in countless textbooks dealing with finance, accounting, and investments and has served as a basis for investors to purchase common or preferred stock throughout the decades. A company’s performance is often measured by how much dividends have increased over the years and whether it is a good long-term investment for individual investors, pension funds, mutual funds, and hedge funds. However, in recent years, the trend is changing in that corporations issuing common or preferred stock are paying dividends, not based on the amount of net profits they have made but based on the amount of financial capital that can be borrowed. A corporation may not necessarily make shareholders aware of this tactic as long as it adheres to its long-stated dividend policy and that they are receiving regular dividend payments whether they are increasing over time or remaining the same. The corporation could, in theory, maintain this method of paying dividends as long as the shareholders are satisfied and content with their cashflow from their equity investment in the company. But, in the long run, the corporation may actually be misleading shareholders as well as damaging the company’s financial situation by overextending itself with too much debt.


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