Dividend policy of state-owned corporations

Abstract

Purpose : this article discusses the features and problems of the dividend policy of corporations with state participation, the number and importance of which in the Russian economy has a significant share. Discussion : based on the assumption that the dividend policies of corporations with state participation have common features, it is proposed to take into account the main approaches to the formation of dividend policy, to analyze the dividend policies of corporations with state participation, to consider the history of dividend payments, and to identify common problems of Russian corporations in the formation of dividend policies. Results : it was found that corporations with state participation prefer a moderate approach to the formation of dividend policy, often do not follow the requirements of the legislation in terms of the basis for paying dividends, and also have common problems associated with insufficient regulation by state authorities of the dividend policy of corporations with state participation.