Credit Guarantee Schemes – Are They Efficient? Experience from European Union Countries

Halina Waniak‑Michalak; Maciej Woźniak; Robert Lisowski

doi:10.18778/1508-2008.25.31

Autor

Halina Waniak‑Michalak Ph.D., Associate Professor, University of Lodz, Accounting Department, Lodz, Poland https://orcid.org/0000-0003-1857-4339
Maciej Woźniak Ph.D., AGH University of Science and Technology, Krakow, Poland https://orcid.org/0000-0001-8520-6443
Robert Lisowski Ph.D., AGH University of Science and Technology, Faculty of Management, Krakow, Poland https://orcid.org/0000-0001-9697-1933

DOI:

https://doi.org/10.18778/1508-2008.25.31

Słowa kluczowe:

programy gwarancji kredytowych, model biznesowy, Unia Europejska, efektywność, organizacje pozarządowe, małe i średnie przedsiębiorstwa

Abstrakt

Celem artykułu jest ocena wybranych elementów modeli biznesowych programów poręczeń kredytowych (CGS) wdrażanych w 20 krajach Unii Europejskiej w ramach perspektywy finansowej 2007–2013. W artykule skupiono się na dodatkowości finansowej programów poręczeń kredytowych, która zależy głównie od sposobu zarządzania tymi programami, instytucji je wdrażających, wyznaczonych celów oraz ograniczeń dystrybucyjnych. Analizie poddano poziom kosztów wdrażania i wykorzystania funduszy przeznaczonych na realizację programów. W celu weryfikacji hipotezy zastosowaliśmy kilka metod: Kruskala‑Wallisa, test mediany, analizę dyskryminacyjną, skalowanie wielowymiarowe, korelację. Przeprowadziliśmy również analizę mocy. Stwierdziliśmy, że efektywność systemów gwarancji kredytowych wdrażanych przez organizacje pozarządowe, fundusze poręczeń wzajemnych i agencje regionalne jest związana z poziomem rozwoju regionalnego. Zależność ta nie jest widoczna tylko w przypadku zaangażowania banków w realizację programów gwarancyjnych. Może to wynikać z braku możliwości przypisania działalności banku do jednego regionu. Nie stwierdziliśmy natomiast różnic w efektywności pomiędzy typami organizacji wdrażających programy gwarancji kredytowych. Odpowiedzi na postawione w artykule pytania badawcze mogą pomóc decydentom i badaczom w ustaleniu, czy dalsze wspieranie systemów gwarancji kredytowych jest opłacalne i czy należy zmienić sposób zarządzania tymi programami.

Pobrania

Brak dostępnych danych do wyświetlenia.

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