E3S Web Conf.
Volume 208, 2020First Conference on Sustainable Development: Industrial Future of Territories (IFT 2020)
|Number of page(s)||6|
|Section||Corporate Sustainability and Corporate Social Responsibility|
|Published online||24 November 2020|
The dividend policy of a company as an instrument of the long-term sustainability and a measure of the corporate responsibility
Financial University under the Government of the Russian Federation, Leningradsky prospect, 49, 125993 Moscow, Russia
* Corresponding author: email@example.com
Current crisis caused by a lockdown puts many challenges on every corporation. In a situation of an unprecedently low demand in many spheres of business it is essential for companies to stay sustainable. Another key trend of the year 2020 is social unrest. Customers and partners expect companies to follow generally accepted companies responsibility principles. For companies one of the key instruments that can address both these issues is its dividend policy. This article describes how the leading Russian private O&G company Lukoil uses its new dividend policy to overcome the challenges.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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