Polityka dywidendy w spółce akcyjnej - uwarunkowania i strategie

Abstract

Profit division and the following dividend payment are one of the most important financial decisional aspects in a join-stock company. Paid dividend should favour the amassing of equity brought to the company by its owners and strengthen its capital market position. In this paper a few chosen dividend policy aspects are presented in the light of Polish join-stock company law in force since 2001. There are basic dividend policy strategies described as well. Theoretical considerations are supported by empirical studies made with Warsaw Stock Exchange facts.