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EN
In the paper the results of estimation of Lintner’s partial adjustments of dividends model for companies noted on Warsaw Stock Exchange in the years 1992–2012 were presented. The estimated target payout ratio is 80,38%, but the speed of adjustment is comparatively low (0,6519), so it would take significant period of time do reach so high payout ratio.
PL
Artykuł nie zawiera abstraktu w języku polskim
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