The final results of this research project have been comprised within three main studies, which are mentioned below: • Dragotă, Victor, “Minority shareholders’ protection in Romanian capital markets: evidence on dividends”, published in Euro-Mediterranean Economics and Finance Review, January 2006, Vol. 1, No.1, pp. 76-89. • Dragotă, Victor; Dumitrescu, Dalina; Ruxanda, Gheorghe; Ciobanu, Anamaria; Braşoveanu, Iulian; Stoian, Andreea; Lipară, Carmen, “Control premium for Romanian listed companies”, submitted to Journal of Corporate Finance. • Dragotă, Victor; Căruntu, Mihai; Stoian, Andreea, “Market informational efficiency and investors’ rationality: some evidence on Romanian capital market”. The main results are presented below.