Creating corporate value for shareholders in listed companies of real estate sector

Katarzyna £ach
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Katarzyna £ach: Uniwersytet Ekonomiczny w Krakowie, Wydzia³ Finansów, Katedra Finansów Przedsiêbiorstw

World of Real Estate Journal (Swiat Nieruchomosci), 2014, issue 88, 13-20

Abstract: Many construction companies in Poland have declared bankruptcy in recent years. Despite the fact that there were numerous discussions concerning this problem, there are not many scientific theses dealing with pinparting the reasons for the situation. An analysis of financing strategies of the companies, as well as the ensuing ways of financing the business activity, is necessary in order to exharstivell explain the cause of compounding economic situation of the construction companies. This article is an attempt to analyse financing strategies of the Polish construction companies. The research covered the years 1997 - 2012 and includes data from financial statements of the companies, published yearly in Financial results of Economic Entities by Central Statistical Office.

Keywords: financial situation; financing strategy; indebtedness; construction companies (search for similar items in EconPapers)
JEL-codes: G3 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:kra:journl:y:2014:i:88:p:13-20

DOI: 10.14659/worej.2014.88.02

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