Profit Versus Financial Security for Small and Medium-Sized Enterprises in Poland Cover Image

Profit Versus Financial Security for Small and Medium-Sized Enterprises in Poland
Profit Versus Financial Security for Small and Medium-Sized Enterprises in Poland

Author(s): Jan Zwolak
Subject(s): Economy, Micro-Economics, Financial Markets
Published by: ASERS Publishing
Keywords: financial security; EU funds; model; small and medium-sized enterprises;

Summary/Abstract: This study aims to verify the regression dependencies between profit on sales and enterprises own financial contribution, the EU operational fund, and the EU fund for supporting markets and capital in micro-, small- and medium-sized enterprises in Poland in 2014-2020. The study further aims to determine the marginal and average profitability of these financial funds, as they provide financial security to enterprises. This paper examines the regression dependencies between profit on sales and an enterprise’s financial contribution (to EU funding), the EU operational fund, and the EU fund for supporting markets and capital in 2014-2020 (the Cobb-Douglas model). An aggregate increase of 10% in the last-mentioned independent variables will result in an increase in profit on sales of 4%. The above independent variables will ensure 40% financial security. Financial security among the examined micro-, small- and medium-sized enterprises in Poland will be relatively high in 2014-2020.

  • Issue Year: XIV/2019
  • Issue No: 65
  • Page Range: 651-659
  • Page Count: 9
  • Language: English