Bukalska, Elżbieta; Maziarczyk, Anna; Ociesa, Kinga - In: Journal of banking and financial economics 18 (2022) 2, pp. 94-108
cash flow hypothesis and signaling theory of dividends. Dividends and investment might be a tool to mitigate managerial … 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 dividend and investment ratio depending on the company …