Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Refine search results

Results found: 2

first rewind previous Page / 1 next fast forward last

Search results

help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
EN
Development process in every small and medium-Sized enterprise (SME) is associated with variable demand for capital in different periods of time. Therefore, one of the essential conditions for the owner of an enterprise, who wants to improve financial management, is knowledge of factors determining level and changes in time of demand for capital. When a new size of a company becomes stable the demand for capital and its development in time depend on economic process form, its rapidity, possible production capacity use as well as production and sale changes. From among many models illustrating functioning of small and medium-Sized enterprises at different stages of their development the ones worked out by N. Churchill, V. Levis and I.. Greiner are worth considering. in the model of development presented by N. Churchill and V. Levis at respective stages of SME life-time evolution of quality features occurs. The more important role is played by such factors as: strategic planning, employees” know-how, proper delegation of duties, power and responsibility by the owner of company. According to I.. Greiner, taking into account age. size and industry branch development rate the enterprise development can be shown as subsequent alternative evolution and revolution processes. As there is necessity to consider a great number of factors, the due financial care should be taken while planning future incomes and defining demand for capital.
EN
The issues presented in this paper deal with the problems of the Market Risk Management. Authors of the study have made an attempt do determine the impact of hedging policy on the general standing of the company and have introduced derivatives which are commonly regarded as tools of protection against risk. One of the main thesis of that study is that the company should be aware of opportunities and threats of applying risk management policy and only hedging due to the best practices, avoiding speculation, is the best way to success.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.