Wycena przedsiębiorstw za pomocą metody zdyskontowanych dywidend

• Autorzy: Dariusz Zarzecki

Warianty tytułu

Valuation of Enterprises Using Dividend-Discount Models

• Języki publikacji: PL

Abstrakty

EN

The dividend-discount method is based upon the premise that the only cash flow received by stockholders is dividends. While the model is often criticised as being of limited value, it has proven to be surprisingly adaptable and useful in a wide range of circumstances. It may be a conservative model that finds fewer and fewer undervalued firms as market prices rise relative to fundamentals (profits, dividends, etc.), but that can also be viewed as a strength. Tests of the model also seem to indicate its usefulness in gauging value. The model has not been applied in valuing Polish enterprises for privatisation purposes but in a new purely market environment ought to become much more popular. (original abstract)

Słowa kluczowe

PL

Wycena przedsiębiorstwa; Dywidenda

EN

Enterprise valuation; Dividend

• Czasopismo: Zeszyty Naukowe Uniwersytetu Szczecińskiego. Prace Instytutu Ekonomiki i Organizacji Przedsiębiorstw
• Rocznik: 2004
• Numer: nr 43, t. 1
• Strony: 191--203

Twórcy

autor

Dariusz Zarzecki

• Uniwersytet Szczeciński

Bibliografia

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