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2016 | t. 17, z. 1, cz. 1 Practical and Theoretical Issues in Contemporary Financial Management | 77--88
Tytuł artykułu

Equity Financing - Specialty of Polish Enterprises Listed on Warsaw Stock Exchange

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Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The optimal capital structure of the company is the subject of research of many scientific teams. Research conclusions say about a unique impact of a number of factors on the capital structure such as the size of the company, the industry, the company's growth period, macroeconomic factors, and regional specificity of business in the level of development of the financial system. This article aims to examine the behaviour in the decisions relating to the structure of capital of the Polish companies listed on the Warsaw Stock Exchange. In the study there were used the financial data of commercial companies in Poland listed on the Warsaw Stock Exchange. After the rejection of companies in bankruptcy and those who have not qualified for any group size remains surveyed 819 business entities. The period covered by the study was a period of years 2004-2013 (10 years).
As a result of the analysis it can be concluded that the Polish listed companies have responded to the crisis, in relation to the capital structure and financial costs, according to their size. The study shows that Polish companies listed responded to the crisis with a significant delay in the structure of financing.(original abstract)
Twórcy
  • Uniwersytet Łodzki
  • Uniwersytet Łodzki
Bibliografia
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Typ dokumentu
Bibliografia
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bwmeta1.element.ekon-element-000171438448

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