\nDividendele \u00eencasate rapid \u015fi direct \u00een cont<\/p>\n
\nProiectul de Ordonan\u0163\u0103 de Urgen\u0163\u0103 propus prevede ca plata dividendelor de c\u0103tre emiten\u0163i s\u0103 se realizeze prin Depozitarul Central. Totodat\u0103, proiectul impune ca termenul de plat\u0103 a dividendelor s\u0103 nu fie mai mare de \u015fase luni, iar \u00een cazul \u00een care adunarea general\u0103 a ac\u0163ionarilor nu stabile\u015fte data pl\u0103\u0163ii dividendelor \u00een acest termen, urmeaz\u0103 ca acestea s\u0103 se pl\u0103teasc\u0103 \u00een maximum 30 de zile de la data public\u0103rii hot\u0103r\u00e2rii adun\u0103rii generale a ac\u0163ionarilor de stabilire a dividendelor \u00een Monitorul Oficial.<\/p>\n
\n\u201cDistribuirea obligatorie a dividendelor prin Depozitarul Central este o m\u0103sur\u0103 care prive\u015fte debirocratizarea activit\u0103\u0163ii investitorilor. Tradeville a promovat aceast\u0103 solu\u0163ie \u00eenc\u0103 din 2012, c\u00e2nd a \u00eenceput s\u0103 \u00eencaseze dividende \u00een numele clien\u0163ilor, demar\u00e2nd un proces de a convinge c\u00e2t mai mul\u0163i emiten\u0163i de a accepta s\u0103 distribuie dividendele direct c\u0103tre intermediar. Prin trecerea la acest sistem de \u00eencasare a dividendelor, se permite virarea mai rapid\u0103 a banilor, care, astfel, se re\u00eentorc \u00een pia\u0163\u0103, ceea ce poate duce la cre\u015fterea rulajelor pe burs\u0103. Totodat\u0103, m\u0103sura este benefic\u0103 \u015fi emiten\u0163ilor, care \u00ee\u015fi vor cur\u0103\u0163a mai repede bilan\u0163urile de dividende restante neridicate de ac\u0163ionari\u201d, a declarat directorul de comunicare al Tradeville, Victor St\u0103nil\u0103.<\/p>\n
\nPragul de de\u0163inere la SIF, stabilit de ac\u0163ionari<\/p>\n
\nNiciun ac\u0163ionar al unei burse nu va putea de\u0163ine, direct sau \u00eempreun\u0103 cu persoanele cu care ac\u0163ioneaz\u0103 \u00een mod concertat, mai mult de 20% din totalul drepturilor de vot, prag reglementat \u00een prezent la 5%. De asemenea, \u00een cazul Societ\u0103\u0163ilor de Investi\u0163ii Financiare (SIF) acest prag va fi eliminat, urm\u00e2nd ca ac\u0163ionarii s\u0103 fie cei care decid stabilirea unei astfel de limit\u0103ri.<\/p>\n
\n\u201cDincolo de oportunit\u0103\u0163ile de moment pe care investitorii le au datorit\u0103 posibilit\u0103\u0163ii aprecierii cota\u0163iilor, se prefigureaz\u0103 o solutie favorabil\u0103 SIF-urilor \u015fi burselor, \u00eentruc\u00e2t orice \u00eengr\u0103dire a drepturilor ac\u0163ionarilor creeaz\u0103 condi\u0163ii pentru manifestarea a\u015fa-numitei probleme de agent, c\u00e2nd managementul nu ac\u0163ioneaz\u0103 \u00een cel mai bun interes al ac\u0163ionarilor. Cel mai probabil vom asista la o consolidare a ac\u0163ionariatelor acestor companii \u015fi la o \u00eembun\u0103t\u0103\u0163ire a guvernan\u0163ei corporative \u00een situa\u0163ia \u00een care investitorii sofistica\u0163i vor deveni majoritari\u201d, consider\u0103 directorul de comunicare al Tradeville.<\/p>\n
\n\u00centre posibilele dezavantaje pentru pia\u0163\u0103 se remarc\u0103 posibilitatea unei prelu\u0103ri urmate de delistarea unora dintre SIF-uri, reduc\u00e2nd astfel num\u0103rul de emiten\u0163i pe o pia\u0163\u0103 destul de s\u0103rac\u0103 \u00een companii de anvergur\u0103. De asemenea, \u00een cazul unei prelu\u0103ri ostile costurile sunt de obicei mari, lucru care ar putea \u00eempinge partea care c\u00e2\u015ftig\u0103 respectiva confruntare s\u0103 ia unele m\u0103suri care s\u0103 nu fie benefice ac\u0163ionarilor minoritari.<\/p>\n","protected":false},"excerpt":{"rendered":"
Finan\u0163ele propun schimb\u0103ri \u00een pia\u0163a de capital. Ce beneficii pot aduce pentru investitorii locali? Potrivit speciali\u015ftilor Tradeville, proiectul de Ordonan\u0163\u0103 de Urgen\u0163\u0103 publicat de Ministerul Finan\u0163elor Publice vine cu o serie de m\u0103suri favorabile \u015fi pentru investitorii locali, precum plata mai rapid\u0103 a dividendelor \u015fi \u00eencasarea acestora direct \u00een contul de tranzac\u0163ionare. De\u015fi controversat, pragul la SIF-uri ar putea avea efecte benefice pentru ac\u0163ionarii acestora.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510,7208],"tags":[7580,27327,11881,7136,29552,477,7411],"class_list":["post-112613","post","type-post","status-publish","format-standard","hentry","category-actualitate","category-servicii-financiare","tag-actionari","tag-controversa","tag-dividende","tag-finante","tag-ordonanta-de-urgenta","tag-proiect","tag-sif"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/112613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=112613"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/112613\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=112613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=112613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=112613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}