Search results for "Financing"
showing 10 items of 96 documents
Glosa do uchwały Wojewódzkiego Sądu Administracyjnego w Poznaniu z dnia 3 lipca 2020 r., sygn. akt III SA/Po 261/20. Dofinansowanie na zabytek nieruc…
2021
Teza uchwały Wojewódzkiego Sądu Administracyjnego w Poznaniu jest jak najbardziej słuszna. Na tle problematyki zawartej opracowaniu pojawił się problem związany z finansowaniem zabytku nieruchomego znajdującego się w innej gminie, będącego własnością jednostki samorządu terytorialnego innej niż ta, w której zabytek się znajduje. W takim przypadku gmina, mimo że zabytek nie znajduje się na jej terenie, musi sfinansować prace remontowo- -konserwatorskie zabytku w ramach opieki właścicielskiej. Dodatkowo ma prawo do otrzymania dotacji na podstawie art. 81 ustawy o ochronie zabytków i opiece nad zabytkami z gminy, która ma ten zabytek w swojej ewidencji. Należy zatem podkreślić, że finansowanie…
Kryminalizowanie finansowania terroryzmu
2016
Investing in Sports Facilities: The Italian Situation Toward an Olympic Perspective. Confidence Intervals for the Financial Analysis of Pools
2015
Given the current economic crisis, there is a lack of investments also for public sport facilities, which are vital to the urban quality of the city and the quality of life of its citizens. The situation is serious in Italy, especially after the failure of public policies for funding of major events (World Cup, 1990; Winter Olympics, 2006). Some recent laws (147/2013) have revived the sector with particular atten-tion to the medium size facilities but have neglected the small structures that represent the basic activities. In case of the latter, a convergence of objectives is needed between public administrations and private investors. Therefore, public au-thorities should think in terms of…
On the drivers of successful crowdfunding: The case of the platform Verkami
2021
This article analyzes the determinants of successful crowdfunding initiatives using a sample of 5,251 projects from the reward-based Spanish platform Verkami. In contrast to most of the literature that has measured success with a dichotomous variable, we approach success with a continuous one, namely the ratio of achievement, which is measured as the obtained resources over the total amount requested by the promoter. We consider a set of potential determinants of success, which are theoretically well-grounded and cover a variety of spheres related to project features. Results suggest that factors related to the signaling theories such as partnership, having previous experience and interact…
Challenges on accessing finance for micro-enterprises in Latvia
2021
Financial support of companies for their development is considered and realised by many countries worldwide, also in Latvia. Latvia has been receiving critical remarks from entrepreneurs in regard to high level of refuse for financing from the financing institution ALTUM which is the principal intermediary of EU funds and provides resources to support entrepreneurship in Latvia. Statistical data indicate that there are significant reductions of micro-enterprises during recent years. The survey data showed that ALTUM rejected 39 % of the surveyed micro-enterprises from those who had submitted applications within three years. In turn, only 6 % of micro-enterprises have received full financing…
Life-cycle effects in small business finance
2017
This paper studies the life-cycle profiles of small firms’ cost and use of credit using a panel of Finnish firms. The choice of method matters for the conclusions drawn about the relationship between firm age and financing costs; the cross-sectional age profiles of financing costs are hump-shaped and consistent with hold-up theories, whereas methods that control for cohort fixed effects demonstrate that the financing costs decrease monotonically as the firms mature. The life-cycle profiles of the use of credit also indicate that firms are more dependent on financial intermediaries in the early periods of their lives. Furthermore, the cohorts born during recessions pay higher financing costs…
Equity-worthiness and equity-willingness: key factors in private equity deals
2014
While access to private equity funds (PEFs) provides a unique opportunity for firms to set up sturdy growth paths, how PEFs select companies is an unknown process to entrepreneurs and business owners. This study aims to offer insights regarding the private equity market to entrepreneurs searching for external capital. We analyzed a novel dataset of 240 pre-deal negotiations between small- and medium-sized Italian companies and a closed-end fund. Results indicate that the successful closing of a deal depends on more than just the target firm's equity-worthiness (i.e., the company's ability to meet the expectations of a private equity investor). In fact, there is another dimension: the target…
Procedūras cīņai ar naudas atmazgāšanu attīstītajās valstīs
2019
Maģistra darba mērķis ir izprast finanšu iestāžu, konkrētāk, banku un starpnieku uzņēmumu atšķirības un attieksmi saistībā ar cīņu pret naudas atmazgāšanu. Precīzāk, šī pētījuma mērķis ir padziļināti izpētīt finanšu iestāžu procedūras un kāpēc daudzas iestādes šo problēmu neuztver tik nopietni. Lai izpētītu šos mērķus, tika veikta virkne analīžu, un izvirzīti galvenie uzdevumi: •Izprast problēmas vēsturisko pamatu •Izpētīt naudas atmazgāšanas un analītiskās sistēmas apkarošanas metodes •Salīdzināt finanšu iestāžu pārstāvju izvēlētās metodes cīņai pret naudas atmazgāšanu Pētījums parādīja, ka ne visas finanšu iestādes sniedz atskaites saistībā ar aizdomīgiem darījumiem. Kā arī šķietami attīs…
Twitter sentiment as a weak signal in venture capital financing
2021
Abstract How do venture capitalists (VCs) incorporate weak and strong signals in the valuation of technology-based startups? Based on a sociocognitive perspective of signaling theory, we introduce Twitter sentiment as a novel and weak signal, which we juxtapose with patents as a traditional, strong signal. While we find a positive association between both signals and VCs' venture valuations, our results reveal that Twitter sentiment does not correlate with actual long-term investment success, whereas patents do. Additionally, we identify and test novelty and experience characteristics (i.e., startup age and VC firm experience) as boundary conditions for our proposed signal-valuation relatio…
Faut-il ranger l'économie de l'éducation au rayon des accessoires ?
2006
06005 - Thème du numéro : "Education / Economie : un conflit de valeur(s) ?", coordonné par Emmanuel Triby; National audience; L'article se limite volontairement aux aspects traditionnels liés au financement de l'éducation. Après avoir considéré les intérêts, et les limites du concept de capital humain, l'auteur s'interroge sur le niveau optimal des dépenses en éducation, puis sur la complexité des rapports entre montants investis et résultats. Enfin, il aborde la question du financement de l'éducation à partir d'un exemple tiré du système d'enseignement supérieur français.