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Results for “capital market”: 21.

Article 2018

Rozwój rynku aniołów biznesu w Polsce – wybrane aspekty

Authors / editors: Aleksandra Kieres

Published in: Studia i Prace WNEiZ US

The emergence of new investors on the market increases the amount of capital and it is a source of new investments, which have a positive impact on economic development and so- lutions for many social problems . The purpose of this article, with illustrative character, is to expo…

DOI: 10.18276/sip.2018.52/1-05 · ISSN: 2450-7733

Article 2018

Efekt barometru stycznia w funduszach inwestycyjnych akcji jako przykład anomalii sezonowych na rynkach kapitałowych

Authors / editors: Ilona Żelazowska

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – The article presents the other January effect. The purpose of the article was to accept or reject the hypothesis about the occurrence of the other January effect, based on the rates of return from the mutual funds in 2003–2017. Methodology/approach – The study uses the…

DOI: 10.18276/frfu.2018.94/2-11 · ISSN: 2450-7741

Article 2017

Zielone obligacje rządowe

Authors / editors: Maciej Pawłowski

Published in: Ekonomiczne Problemy Usług

The article shows the experience of the Polish government in issuing green bonds. The first part of the paper presents the essence of green bonds and gives an illustration of a polish green government bonds issuance structure. The second part of the paper brings an attempt of eva…

DOI: 10.18276/epu.2017.129-18 · ISSN: 1896-382X

Article 2017

Finansyzacja przedsiębiorstw a migracja ich wartości na przykładzie spółek giełdowych w Polsce za lata 2000–2015

Authors / editors: Piotr Szczepankowski

Published in: Studia i Prace WNEiZ US

One of an approach to financialisation examines the increasing role of the shareholder value orientation as a guiding principle of the non–financial corporations (NFCs) behaviours. Using firm–level data for the period 2000–2015, the article examines the connection between financi…

DOI: 10.18276/sip.2017.50/3-13 · ISSN: 2450-7733

Article 2017

Znaczenie przedsiębiorcy w procesie inwestycyjnym aniołów biznesu. Wyniki badania

Authors / editors: Rafał Morawczyński

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

The aim of the paper is to present selected results of the research dedicated to assessment of entrepreneurs made by investors in the private capital market (business angels) in Poland. Additional goal is to present importance of “value adding” activities undertaken by business a…

DOI: 10.18276/frfu.2017.89/2-12 · ISSN: 2450-7741

Article 2017

Unia rynków kapitałowych - szanse i zagrożenia z punktu widzenia rozwoju przedsiębiorstwa

Authors / editors: Maciej Pawłowski

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – assessment of the capital markets union attempting to identify opportunities and threats of implementation of this project from the point of view of enterprise development. Design/methodology/approach – the article is dedicated to analysis of the capital markets union c…

DOI: 10.18276/frfu.2017.88/2-06 · ISSN: 2450-7741

Article 2017

Formy i zakres wsparcia sektora MSP w dostępie do rynku kapitałowego

Authors / editors: Dominika Kordela

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – the analysis of the direction and the value of support the polish SMEs in accessing the capital market Design/methodology/approach – in this article following methods were used: the descriptive method, the comparative method, and descriptive statistics techniques. Sourc…

DOI: 10.18276/frfu.2017.88/2-04 · ISSN: 2450-7741

Article 2017

Forex jako alternatywa dla rynku kapitałowego

Authors / editors: Iwona Piekunko-Mantiuk

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – presentation of significant characteristics of forex market from investor’s point of view, indication of differences between investing on the capital market and the forex market,as well as comparison between the profile of a Polish investor and trader. Design/methodolo…

DOI: 10.18276/frfu.2017.90-06 · ISSN: 2450-7741

Article 2017

Wpływ standardu XBRL na asymetrię informacyjną na rynku kapitałowym

Authors / editors: Katarzyna Klimczak

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – Review and analysis of the results of empirical studies devoted to the in uence of XBRL on information asymmetry in the capital market. Design/methodology/approach – For the purpose of the article an overview and comparison of the assumptions, methodology and results o…

DOI: 10.18276/frfu.2017.88/1-28 · ISSN: 2450-7741

Article 2017

Scoringowa metoda wyznaczania sektorowego wskaźnika siły fundamentalnej na przykładzie spółek notowanych na Giełdzie Papierów Wartościowych w Warszawie

Authors / editors: Małgorzata Tarczyńska-Łuniewska, Waldemar Tarczyński, Paweł Tarczyński

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

Purpose - The main goal of the paper is to present a simple method of identifying the leading sector on the capital market. Methodology – The scoring method of determining the leading sector is based on the idea of construction the fundamental power index. The proposed method us…

DOI: 10.18276/frfu.2017.86-02 · ISSN: 2450-7741

Article 2016

Wpływ przedsiębiorstw zorientowanych na wartość i przedsiębiorstw zorientowanych na wzrost na efekt niedowartościowania IPO na polskim rynku kapitałowym

Authors / editors: Dariusz Zarzecki, Adrian Wołoszyn

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

This article groups and describes different anomalies that can appear on capital markets. We present the initial return of IPO underpricing across European markets. We present the results of empirical research conducted on the Polish capital market. This article also contains a d…

DOI: 10.18276/frfu.2016.4.82/2-28 · ISSN: 2450-7741

Article 2016

Jakość zysków spółek debiutujących na GPW w okresie okołokryzysowym

Authors / editors: Joanna Lizińska, Leszek Czapiewski

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – The study examines the properties of discretionary accruals for Polish companies around initial public offerings (IPOs) in the pre and post-crisis years. Design/methodology/approach – The subsamples covered IPO firms going public before the crisis (2002– 2006) and after…

DOI: 10.18276/frfu.2016.4.82/2-16 · ISSN: 2450-7741

Article 2016

Wykorzystanie pięcioczynnikowego modelu Famy-Frencha na polskim rynku kapitałowym

Authors / editors: Leszek Czapiewski

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – The study examines the performance and usefulness of the Fama-French five-factor model in explaining stock returns. The model was directed at capturing the size, value, profitability, and investment patterns in stock returns. Design/methodology/approach – The two-stage …

DOI: 10.18276/frfu.2016.4.82/2-05 · ISSN: 2450-7741

Article 2016

Wypłaty dywidend spółek notowanych na GPW w W arszawie w latach 1993–2014

Authors / editors: Leszek Czapiewski, Jarosław Kubiak

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – The objective of this paper is to characterise the dividend policy of listed companies in Poland and its comparison with the dividend policy of listed companies on the other European markets. Design/methodology/approach – The study covers all companies whose shares were…

DOI: 10.18276/frfu.2016.4.82/2-04 · ISSN: 2450-7741

Article 2016

Ryzyka polityki ujemnych stóp procentowych

Authors / editors: Jarosław Klepacki

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

Widely understood globalization in comparison with those of actions after the crisis from the years 2008–2009 implemented by financial institutions resulted in the artist creating processes that until recently in the literature were identified as marginal. One of them is implemen…

DOI: 10.18276/frfu.2016.4.82/1-60 · ISSN: 2450-7741

Article 2016

Tempo wzrostu gospodarczego jako determinant odchylenia cen akcji od ich wartości fundamentalnych

Authors / editors: Paweł Wnuczak

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – The aim of the research project presented in this article is to verify the research hypothesis which claims that the rate of economic growth affects the value of the difference between the current market value and the intrinsic value of companies listed on the Warsaw St…

DOI: 10.18276/frfu.2016.79-11 · ISSN: 2450-7741

Article 2016

Emisja akcji jako podstawa rynkowego pozyskiwania kapitału własnego w sektorze małych i średnich przedsiębiorstw

Authors / editors: Gabriela Łukasik, Joanna Błach

Published in: Finanse, Rynki Finansowe, Ubezpieczenia

Purpose – Issue of equity securities may offer an opportunity to raise equity for the sector of small and medium-sized enterprises. However, it is required to prepare appropriate strategies in order to effectively issue shares. In this regard setting the appropriate issuing price…

DOI: 10.18276/frfu.2016.5.83/2-05 · ISSN: 2450-7741

Article 2016

Analiza powiązań pomiędzy rynkami kapitałowymi wybranych krajów Grupy Wyszehradzkiej

Authors / editors: Adam P. Balcerzak, Marcin Fałdziński, Michał Bernard Pietrzak, Tomas Meluzin, Marek Zinecker

Published in: Studia i Prace WNEiZ US

Increasing globalization contributes to the growth of the interdependencies between capital markets. Therefore, the identification of the linkages between capital markets and the analysis of changes in the strength of these relationships over time, can be the source of an importa…

DOI: 10.18276/sip.2016.45/1-01 · ISSN: 2450-7733

Article 2016

Stopień urynkowienia obligacji komunalnych w Polsce

Authors / editors: Dominika Kordela

Published in: Ekonomiczne Problemy Usług

Financing with the use of municipal bonds is gaining in importance, especially regard­ing implementation investment projects financed from European Union funds. Local government units have the choice of emissions on the market organized and unorganized market. The aim of the arti…

DOI: 10.18276/epu.2016.125-18 · ISSN: 1896-382X

Article 2015

Giełda Papierów Wartościowych w Warszawie jako potencjalne źródło finansowania małych i średnich przedsiębiorstw

Authors / editors: Joanna Małecka

Published in: Ekonomiczne Problemy Usług

Small and medium-sized enterprises, although make up more than 50% of Polish Gross Domestic Product and 2/3 of the jobs, face a significantly reduced ability to acquire capital for development. The question arises, what sources, in addition to equity and loans are available to bu…

ISSN: 1896-382X

Article 2015

Corporate governance w polskich spółkach publicznych

Authors / editors: Piotr Jan Mackiewicz

Published in: Współczesne Problemy Ekonomiczne

The world of finance, along with its participants, is constantly exposed to high deviations. The year 2008 was a year when the crisis in Europe was revealed. The crisis started in the United States, and soon after started to affect global economy. Less than five years later the c…

DOI: 10.18276/wpe.2015.11-15 · ISSN: 2081-9579