Struktura kapitału zasobowego a ocena efektywności giełdowych spółek akcyjnych

• Authors: Sajnóg, Artur

Title variants

PL

The Structure of the Resource Capital and the Estimate of the Effectiveness of the Joint -Stock Companies

Abstracts

EN

The fundamental purpose of this article is to present the results of analysis the level and structure of the resource capital of the selected companies quoted on the Warsaw Stock Exchange. The empirical investigation are aimed at verification of the hypothesis which assumes that the supplementary capital and self-financing capital plays the primary role in forming the book value of the resource capital, also in companies about so formed structure of resource capital observed higher profitability of total capital (total assets – ROA). This article presents the estimate of the effectiveness of companies using nonparametric DEA method. It enables to determine the effectiveness of objects at taking into consideration many inputs and many outputs and does not require determining the functional relation between variables. The analysis has been carried out using an input-oriented measure of efficiency and the constants returns to scale (CRS model).

Keywords

EN

resource capital; book value of resource capital; structure of resource capital; self-financing capital; effectiveness; DEA method; return on total assets; the Warsaw Stock Exchange; the estimate of the effectiveness of companies

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Acta Universitatis Lodziensis. Folia Oeconomica
• Year: 2012
• Volume: 272

Dates

published

2012

Contributors

author

Sajnóg, Artur

other

Uniwersytet Łódzki; Wydział Ekonomiczno-Socjologiczny; Instytut Ekonomik Stosowanych i Informatyki

Identifiers

URI

http://hdl.handle.net/11089/1936