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Abstract
Access to financing plays an eminent role for a small enterprise sector in any economy. Research usually finds a positive size efficiency relationship, but few studies focus on sectors dominated by small and medium-sized firms (SMEs). This paper fills this gap by analyzing this relationship in the Polish industry sector, which is both successful and increasingly dominated by SMEs. It is envisaged that this study will contribute to the existing literature on small enterprise financing, with an emphasis on financial constraints in the Polish small enterprise industry sector. The paper presents only part of research. Analysis of the data will present an insight into the actual barriers for small enterprises constraints associated with debt financing arrangements.
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Notes on contributors
Wioletta Czemiel-Grzybowska
Wioletta CZEMIEL-GRZYBOWSKA. PhD, Faculty of Management and Finance at Bialystok University of Technology. First degree of master of economy at University of Bialystok (2001), second degree of master of law at University of Bialystok (2005), PhD of economy at Warsaw School of Economics (2004). Author of about 60 scientific articles. Research interests: access to financing small and medium business, constraints of economic activity.
Anna Skowronek-Mielczarek
Anna SKOWRONEK-MIELCZAREK, Professor. Collegium of Management and Finance, Chairman of Corporate Management at Warsaw School of Economics. Author of about 200 scientific articles. Research interests: access to financing small and medium business, constraints of economic activity, economic analysis, corporate financial strategies.