Research of the Impact of Dividend Policy on The Fundamental Factors of Value and Capitalisation in the Gold Mining Industry
Journal: Accounting Analysis Auditing
Year: 2025

Distribution policy, as a tool for managing financial flows, not only allows a company to meet shareholders’ current income needs but also ensures future investment and development. Conversely, an imbalance in this policy can lead to a decline in capitalization, a deterioration in financial condition, and a loss of investor confidence. However, the topic of distribution policy as it applies to Russian companies, particularly in the gold mining industry, has been understudied in the academic lite