Dividend Versus Investment – Cash Flow Allocation
The aim of the article is to find out about the pattern in which operating cash flows are allocated between dividends and investment. We analyzed 419 companies from the Warsaw Stock Exchange and covered the period of 2007-2020 with 4,760 firm-year observations. We prepared regression models for the...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego
2022-12-01
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Series: | Journal of Banking and Financial Economics |
Subjects: | |
Online Access: | https://jbfe.wz.uw.edu.pl/resources/html/article/details?id=234087 |