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Bank policies towards SME sector in Poland and selected countries worldwide

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Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Small- and medium-sized enterprises (SMEs) are very significant for the economy. However, they face many problems when trying to finance their development. In connection to the above, the authors set four research questions that are connected with bank policies towards SMEs. Then, they make an analysis in order to answer the questions. The conclusions, recommendations. and limitations are presented at the end of the paper.
Słowa kluczowe
Wydawca
Rocznik
Strony
25--47
Opis fizyczny
Bibliogr. 28 poz., tab.
Twórcy
autor
  • AGH University of Science and Technology, Krakow, Poland, Faculty of Management, Department of Organizational Management, Human Resources Management and Economic Law
autor
  • AGH University of Science and Technology, Krakow, Poland, Faculty of Management, Department of Economics Finance and Environmental Management
Bibliografia
  • [1] Beck, T. and Demirguc-Kunt, A. (2006) ‘Small and medium-size enterprises: Access to fi nance as a growth Constraint’, Journal of Banking and Finance, vol. 30, pp. 2931–2943.
  • [2] Behr, P. and Guetller, A. (2007) ‘Credit Risk Assessment and Relationship Lending: An Empirical Analysis of German Small and Mednium-Sized Enterprises’, Journal of Small Business Management, vol. 45, No. 2, pp. 194–213.
  • [3] Berger, A. and Udell, G. (2002) ‘Small business credit availability and relationship lending: The importance of bank organizational structure’, The Economic Journal, vol. 112, No. 477, pp. 32–53.
  • [4] Berger, A. and Udell, G. (2006) ‘A more complete conceptual framework form SMEs fi nance’, Journal of Banking and Finance, vol. 30, pp. 2945–2966.
  • [5] Bhalla, A. and Kaur, M. (2012) ‘SMEs Access to Finance: An Analysis of Attitude and Decision-making Criteria of Commercial Banks’, Asia-Pacifi c Journal of Management Research and Innovation, vol. 8, No. 1, pp. 69–76.
  • [6] Cowling M. and Westhead, P. (1996) ‘Bank lending decisions and small fi rms: Does size matter?’, International Journal of Entrepreneurial Behaviour and Research, vol. 2, No. 2, pp. 52–60.
  • [7] Cowling, M. (2010) ‘The role of loan guarantee schemes in alleviating credit rationing in the UK’, Journal of Financial Stability, No. 6, pp. 36–44.
  • [8] Deakins, D., North, D. and Baldock, R. and Whittam, G. (2008) SMEs’ Access to Finance: Is there still a debt fi nance gap, Institute for Small Business and Entrepreneurship, Belfast, North Ireland.
  • [9] Duda, J. (2013) ‘The role of bank credits in investment fi nancing of the small and medium-sized enterprise sector in Poland’, Managerial Economics, vol. 13, No. 1, pp. 7–20.
  • [10] EUROSTAT data (2014) [Online], Available: http://appsso.eurostat.ec.europa.eu [5 Dec 2014].
  • [11] Galbraith, J.K. (1957) ‘Market Structure and Stabilization Policy’, The Review of Economics and Statistics, vol. 39, No. 2, pp. 124–133.
  • [12] Kyaw, A. (2008) Financing Small and Medium Enterprises in Myanmar, Institute of Developing Economies, Discussion Paper No. 148, April, Japan External Trade Organization (JETRO).
  • [13] Łuczka, T. (2001) Kapitał obcy w małym i średnim przedsiębiorstwie, Warszawa: Wydawnictwa Naukowe PWN.
  • [14] Ministry of Economy. The Department Forecasts and Analysis (2011) Trendy rozwojowe sektora MSP w ocenie przedsiębiorców w pierwszej połowie 2011 roku (Development trends of the SME sector in opinion of entrepreneurs in fi rst half of 2011), report, vol. 2, Warszawa.
  • [15] Ministry of Economy. The Department Forecasts and Analysis (2013) Trendy rozwojowe sektora MSP w ocenie przedsiębiorców w pierwszej połowie 2012 roku (Development trends of the SME sector in opinion of entrepreneurs in fi rst half of 2012) report, vol. 2, Warszawa.
  • [16] Ministry of Economy. The Department Forecasts and Analysis (2014) Trendy rozwojowe sektora MSP w ocenie przedsiębiorców w pierwszej połowie 2013 roku (Development trends of the SME sector in opinion of entrepreneurs in fi rst half of 2013), report, vol. 2, Warszawa.
  • [17] Ministry of Economy. The Department Forecasts and Analysis (2015) Trendy rozwojowe sektora MSP w ocenie przedsiębiorców w pierwszej połowie 2014 roku (Development trends of the SME sector in opinion of entrepreneurs in fi rst half of 2014), report, vol. 2, Warszawa.
  • [18] Ministry of Economy. The Department Forecasts and Analysis (2017) Trendy rozwojowe sektora MSP w ocenie przedsiębiorców w pierwszej połowie 2017 roku (Development trends of the SME sector in opinion of entrepreneurs in fi rst half of 2017), report, vol. 2, Warszawa.
  • [19] Mwangi M., George G., Mindila R., Nyakwara S., Ongeri J. and Okeyo H. (2013) ‘An Evaluation of Financing and Development of Small land Medium Enterprises in Mombasa County, Kenya’, European Journal of Business and Management, vol. 5, no. 14, pp. 16–25.
  • [20] Polish Confederation of Private Employers “Lewiatan” (2004, 2005, 2006, 2007, 2009, 2010, 2011, 2012). Monitoring kondycji sektora MSP, reports, Warszawa.
  • [21] Report: Development trends of the SME sector in opinion of entrepreneurs in first half of 2017, The Department Forecast and Analysis, No. 2/2017, p. 26.
  • [22] Shen, Y., Shen, M., Xu, Z. and Bai, Y. (2009) ‘Bank size and small-and medium-sized enterprise (SMEs) lending: Evidence from China’, World Development, vol. 37, No. 4, pp. 800–811.
  • [23] Stephanou, C. and Rodriguez, C. (2008). Bank fi nancing to small and medium -sized enterprises (SMEs) in Colombia, Policy Research Working Paper No. 4481.
  • [24] Stiglitz, J.E. and Weiss, A. (1981) ‘Credit rationing in markets with imperfect information’, The American Economic Review, pp. 393–410.
  • [25] Torre de la, A., Martínez Pería, M.S. and Schmukler, S.L. (2010) ‘Bank involvement with SMEs: beyond relationship lending’, Journal of Banking & Finance, vol. 34, pp. 2280–2293.
  • [26] Ustawa z dnia 2 lipca 2004 r. o swobodzie działalności gospodarczej (Dz. U. 2004, nr 173, poz. 1807) [Freedom of Business Activity Act of July 2, 2004 (Offi cial Gazette 2004, No. 173, item. 1807)]
  • [27] Wang, X., Hu, Y., Xia, X. and Deng, Y. (2014) ‘Estimation of the Treatment Effects of Ownership on the Indirect Financing of Small- and Medium-Sized Enterprises’, Discrete Dynamics in Nature and Society, vol. 2014, Article ID 453458.
  • [28] Woźniak, M. (2007) ‘Możliwości fi nansowania rozwoju małych i średnich przedsiębiorstw kredytem bankowym’, in Preisner, L. (ed.) Finansowe aspekty transformacji gospodarki w Polsce, Kraków: UNWD AGH, pp. 127–135.
Uwagi
Opracowanie rekordu w ramach umowy 509/P-DUN/2018 ze środków MNiSW przeznaczonych na działalność upowszechniającą naukę (2019).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-6cf19baa-a282-496a-be98-dc3eeaa0375f
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