Credits and Loans as the Source of Financing for Business Activity of Employee-Owned Companies Cover Image

Kredyty i pożyczki jako źródło finansowania działalności gospodarczej spółek pracowniczych
Credits and Loans as the Source of Financing for Business Activity of Employee-Owned Companies

Author(s): Agnieszka Matuszewska-Pierzynka
Subject(s): Financial Markets
Published by: Wydawnictwo Naukowe Uniwersytetu Marii Curie-Sklodowskiej
Keywords: proces prywatyzacji; prywatyzacja bezpośrednia; oddanie przedsiębiorstwa państwowego do odpłatnego korzystania; spółki pracownicze; źródła finansowania działalności gospodarczej; privatisation process

Summary/Abstract: The main objective of the paper is to recognize the level of use of credits and loans as the source of financing for business activity of employee-owned companies. The formulated research hypothesis states that the majority of employee-owned companies financed business activity from credits and loans to a small extent. The empirical investigation of the constructed hypothesis has been carried out among 17 employee-owned companies in the Mazowieckie Province, which concluded privatisation agreements with the State Treasury in the years 2000–2002 on the basis of their financial statements. The empirical research proved that employee-owned companies had financed their business activities from credits and loans to the small extent.

  • Issue Year: XLIX/2015
  • Issue No: 4
  • Page Range: 381-390
  • Page Count: 10
  • Language: Polish