FACTORING SERVICES IN CONDITIONS OF V4 COUNTRIES
Journal Title: Polish Journal of Management Studies - Year 2018, Vol 18, Issue 2
Abstract
Number of risks influences business significantly. Due to the mentioned growing importance in the frame of business risk is giving to claims insurance. One of the possible solving is factoring services. Presented contribution analyses possibilities of its usage in V4 countries by comparative and trend analysis. The research of factoring is based on individual countries on empirical tests, finding that factoring is larger in countries with well economic development and growth when all V4 countries recorded modern tendencies of gradual development. The results of the comparison show that using such services become more and more popular in V4 countries. In the present time, there is a growing demand of companies on products of bank and nonbanks subjects, providing insurance and repurchase of claims through factoring services. Development of factoring services will contribute to the country's economic development, promoting Small and Medium-sized Enterprises.<br/><br/>
Authors and Affiliations
Katarína Čulková, Mária Janošková, Adriana Csikósová
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