The accounting system in the financial sector is as ancient an economic
tool that influenced the development of mankind, like the wheel in the transport. And the accounting system in the investment direction of the financial industry is also a mechanism that at all times accumulated the means of the population for further development and progress in general. The registration of these funds for deposits without intermediaries, in turn, provides a register of shareholders. It is a tool for identifying securities depositors. In addition, the register of shareholders provides investors with the necessary information, access to
personal accounts, payment of dividends and other, no less important operations. Accounting is carried out in a strictly regulated form using electronic and paper data carriers by highly qualified specialists (registrars).
Register of shareholders
In the case of a closed joint-stock company, namely, due to the fact that the number of shareholders of a closed joint-stock company should not be more than 50 people, the performance of the functions of a professional registrar may
be put on society itself. Accounting in this case should also be kept in a strictly regulated form using paper and electronic data carriers.
Closing the register of shareholders
A positive consequence for any investor who does not want to speculate in his own capital is, of course, the payment of dividends. They, in turn, are paid in a slightly different way than bonds or interest on deposits. This is due to the fact that dividends are part of the profit of a joint stock company or any other business entity and are paid depending on the decision of the meeting of shareholders. In addition, they can be paid several times a year or not paid at all, which in turn distinguishes them from other ways of making profit with the help of invested capital. The amount of payments also depends on the decision of the meeting of shareholders, participants of the company and the charter of the company as a whole. The amount of dividends is determined according to the profitability of the company for a certain period of time, the situation on the securities market and the need to demonstrate the company's growth prospects. Register of shareholders in their
The queue identifies persons who are eligible to receive payments. When it is closed, the list of persons will be approved, and changes in it will not be accepted by the company. Dividends, in turn, will be paid according to the data on the registry closing day. The period of time when changes to the list are not made, but dividends are still not paid, is called an extra dividend date. Then the shares are sold and bought without the right to receive announced payments.
Other business conditions
Thus, the process of accumulation of funds, under the influence of cunning rules on the ownership of securities, for a long time manipulated their own obligations. But today, joint-stock companies have moved from the category of organizer of speculative operations to pay the promised victims to this system, since modern international market relations have long dictated different business conditions, according to which, without frequent payments of generous dividends, it is almost impossible to achieve stable investment attractiveness .