 THE SIGNIFICANCE OF FINANCING FARMS WITH PERSONAL EQUITY IN THE OPINION OF INDIVIDUAL FARMERS IN POLANDMagdalena Mądra-Sawicka, and Mirosław Wasilewski Journal of Agribusiness and Rural Development, 2017, vol. 43, issue 01 Abstract: The aim of this research was to present the role and significance of financing with equity capital on individual farms in Poland. The research was carried out with the use of an interviewer questionnaire on a group of 100 farmers running individual farms as well as keeping the agricultural accounts in the FADN system. The research was conducted in the Mazowsze. Limitation of financing of the operational and investment activity only to the equity capital, in the opinion of farmers, contributes to less dynamic development of agricultural production due to a lack of sufficient equity resources for the purchase of machines and devices. The farmers included no requirements concerning warranties and guarantees in the situation of financing with a loan as the most significant advantages of financing with equity capital. Most farmers allocated the saved financial surplus to current or planned investments, assessing such financial strategy as the average level of risk. Such approach to self-financing of the activity was assessed by farmers as average in the context of the effectiveness of using equity capital. Keywords: Agribusiness; Agricultural Finance; Farm Management; Financial Economics; Labor and Human Capital; Marketing (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ags:pojard:259679 Access Statistics for this article More articles in Journal of Agribusiness and Rural Development from University of Life Sciences, Poznan, Poland |
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