The Factors of «Undervaluation» Stocks of Russian Companies

Abstract

As the international practice shows stocks are the most demanded securities. The peculiarities of the Russian stock market on the one hand and some aspects of dividend policy of the Russian companies on the other hand are form so-called « undervaluation» stocks of the Russian companies. This work shows the main factors, which define demand (lack of demand) of stocks of Russian companies and represent principal directions of development native stocks market.