This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
Alexander, C. (2008). Market risk analysis. Practical financial econometrics. Chichester, England: John Wiley & Sons, Ltd.AlexanderC.2008Market risk analysis. Practical financial econometricsChichester, EnglandJohn Wiley & Sons, LtdSearch in Google Scholar
Alonso, P., Iturriaga, L. F., Sanz, R. J., and Gonzalez, V. E. (2005). Determinants of bank debt in a continental financial system: Evidence from Spanish companies. The Financial Review, Eastern Finance Association, 40(3), 305–333.AlonsoP.IturriagaL. F.SanzR. J.GonzalezV. E.2005Determinants of bank debt in a continental financial system: Evidence from Spanish companiesThe Financial Review, Eastern Finance Association40330533310.1111/j.1540-6288.2005.00104.xSearch in Google Scholar
Altunbaş, Y., Kara, A., and Marqués-Ibáñez, D. (2010). Large debt financing: Syndicated loans versus corporate bonds. The European Journal of Finance, 16(5), 437–458.AltunbaşY.KaraA.Marqués-IbáñezD.2010Large debt financing: Syndicated loans versus corporate bondsThe European Journal of Finance16543745810.1080/13518470903314394Search in Google Scholar
Arcand, J.-L., Berkes, E., and Panizza, U. (2012). Too much finance? International Monetary Fund Washington, DC, IMF Working Paper 12/161.ArcandJ.-L.BerkesE.PanizzaU.2012Too much finance?International Monetary Fund Washington, DC, IMF Working Paper 12/161.10.5089/9781475504668.001Search in Google Scholar
Arena, M. P. (2011). The corporate choice between public debt, bank loans, traditional private debt placements, and 144A debt issues. Review of Quantitative Finance and Accounting, 36(3), 391–416.ArenaM. P.2011The corporate choice between public debt, bank loans, traditional private debt placements, and 144A debt issuesReview of Quantitative Finance and Accounting36339141610.1007/s11156-010-0182-3Search in Google Scholar
Berlin, M., & Loeys, J. (1988). Bond covenants and delegated monitoring. Journal of Finance, 43, 397–312.BerlinM.LoeysJ.1988Bond covenants and delegated monitoringJournal of Finance4339731210.1111/j.1540-6261.1988.tb03946.xSearch in Google Scholar
Białek-Jaworska, A. (2018). Uwarunkowania, mechanizmy i efekty udzielania pożyczek przez przedsiębiorstwa niefinansowe. Warszawa, Poland: CeDeWu.Białek-JaworskaA.2018Uwarunkowania, mechanizmy i efekty udzielania pożyczek przez przedsiębiorstwa niefinansoweWarszawa, PolandCeDeWuSearch in Google Scholar
Białek-Jaworska, A., & Matusiewicz, A. (2015). Determinants of the level of information disclosure in financial statements prepared in accordance with IFRS. Accounting and Management Information Systems, 14(3), 453–482.Białek-JaworskaA.MatusiewiczA.2015Determinants of the level of information disclosure in financial statements prepared in accordance with IFRSAccounting and Management Information Systems143453482Search in Google Scholar
Białek-Jaworska, A., & Nehrebecka, N. (2014). The role of bank credit in business financing in Poland. University of Warsaw Faculty of Economic Sciences Working Papers No. 3/2016 (194).Białek-JaworskaA.NehrebeckaN.2014The role of bank credit in business financing in PolandUniversity of Warsaw Faculty of Economic SciencesWorking Papers No. 3/2016 (194).Search in Google Scholar
Blackwell, D., & Kidwell, D. (1988). An investigation of cost differences between public sales and private placements of debt. Journal of Financial Economics, 22, 253–278.BlackwellD.KidwellD.1988An investigation of cost differences between public sales and private placements of debtJournal of Financial Economics2225327810.1016/0304-405X(88)90071-2Search in Google Scholar
Bond Act. (2015). Bond Act as at 15th January 2015 (in Polish), Dz. U. 2015, item 238.Bond Act2015Bond Act as at 15th January 2015 (in Polish), Dz. U. 2015, item 238Search in Google Scholar
Bougheas, S., Mizen, P., & Yalcin, C. (2004). Access to external finance: Theory and evidence on the impact of firm-specific characteristics. The Central Bank of the Republic of Turkey, Research Department Working Paper no. 04/06.BougheasS.MizenP.YalcinC.2004Access to external finance: Theory and evidence on the impact of firm-specific characteristicsThe Central Bank of the Republic of Turkey, Research Department Working Paper no. 04/06.Search in Google Scholar
Boyd, J., & Prescott, E. (1986). Financial intermediary-coalitions. Journal of Economic Theory, 38, 211–232.BoydJ.PrescottE.1986Financial intermediary-coalitionsJournal of Economic Theory3821123210.1016/0022-0531(86)90115-8Search in Google Scholar
Cantillo, M., & Wright, J. (2000). How do firms choose their lenders? An empirical investigation. Review of Financial Studies, 13, 155–189.CantilloM.WrightJ.2000How do firms choose their lenders? An empirical investigationReview of Financial Studies1315518910.1093/rfs/13.1.155Search in Google Scholar
Chemmanur, T., & Fulghieri, P. (1994). Reputation, renegotiation, and the choice between bank loans and publicly traded debt. Review of Financial Studies, 1, 475–506.ChemmanurT.FulghieriP.1994Reputation, renegotiation, and the choice between bank loans and publicly traded debtReview of Financial Studies147550610.1093/rfs/7.3.475Search in Google Scholar
Cole, R. (2008). Who needs credit and who gets credit? Evidence from the surveys of small business finances. MPRA Paper no. 24691. Retrieved from http://mpra.ub.uni-muenchen.de/24691/ on 11.03.2013.ColeR.2008Who needs credit and who gets credit? Evidence from the surveys of small business financesMPRA Paper no. 24691. Retrieved from http://mpra.ub.uni-muenchen.de/24691/ on 11.03.2013.Search in Google Scholar
Cole, R. (2010). Bank credit, trade credit or no credit: Evidence from the surveys of small business finances. MPRA Paper no. 24689. Retrieved from http://mpra.ub.uni-muenchen.de/24689/ on 10.03.2013.ColeR.2010Bank credit, trade credit or no credit: Evidence from the surveys of small business financesMPRA Paper no. 24689. Retrieved from http://mpra.ub.uni-muenchen.de/24689/ on 10.03.2013.10.2139/ssrn.1131064Search in Google Scholar
DeAngelo, H., & Masulis, R. (1980). Optimal capital structure under corporate and personal taxation. Journal of Financial Economics, 8, 3–29.DeAngeloH.MasulisR.1980Optimal capital structure under corporate and personal taxationJournal of Financial Economics832910.1016/0304-405X(80)90019-7Search in Google Scholar
Denis, D., & Mihov, V. (2003). The choice among bank debt, non-bank private debt, and public debt: Evidence from new corporate borrowings. Journal of financial Economics, 70(1), 3–28.DenisD.MihovV.2003The choice among bank debt, non-bank private debt, and public debt: Evidence from new corporate borrowingsJournal of financial Economics70132810.1016/S0304-405X(03)00140-5Search in Google Scholar
Dewaelheyns, N., & Van Hulle, C. (2007). Internal capital markets and capital structure: Bank versus internal debt. Leuven, Belgium: Katholieke Universiteit Leuven.DewaelheynsN.Van HulleC.2007Internal capital markets and capital structure: Bank versus internal debtLeuven, BelgiumKatholieke Universiteit Leuven10.2139/ssrn.964614Search in Google Scholar
Diamond, D. W. (1984). Financial intermediation and delegated monitoring. Review of Economic Studies, 51, 393–414.DiamondD. W.1984Financial intermediation and delegated monitoringReview of Economic Studies5139341410.2307/2297430Search in Google Scholar
Diamond, D. W. (1991). Monitoring and reputation: The choice between bank loans and directly placed debt. Journal of Political Economy, 99, 689–721.DiamondD. W.1991Monitoring and reputation: The choice between bank loans and directly placed debtJournal of Political Economy9968972110.1086/261775Search in Google Scholar
Dobbs, R., Lund, S., Woetzel, J., & Mutafchieva, M. (2015). Debt and (not much) deleveraging, McKinsey Global Institute. Available at https://www.mckinsey.com/featured-insights/employment-and-growth/debt-and-not-much-deleveragingDobbsR.LundS.WoetzelJ.MutafchievaM.2015Debt and (not much) deleveragingMcKinsey Global InstituteAvailable at https://www.mckinsey.com/featured-insights/employment-and-growth/debt-and-not-much-deleveragingSearch in Google Scholar
Donaldson, G. (1961). Corporate debt capacity; a study of corporate debt policy and the determination of corporate debt capacity. Boston, MA: Division of Research, Graduate School of Business Administration, Harvard University.DonaldsonG.1961Corporate debt capacity; a study of corporate debt policy and the determination of corporate debt capacityBoston, MADivision of Research, Graduate School of Business Administration, Harvard UniversitySearch in Google Scholar
Esho, N., Lam, Y., & Sharpe, I. G. (2001). Choice of financing source in international debt markets. Journal of Financial Intermediation, 10, 276–305.EshoN.LamY.SharpeI. G.2001Choice of financing source in international debt marketsJournal of Financial Intermediation1027630510.1006/jfin.2001.0318Search in Google Scholar
Fama, E. (1985). What's different about banks? Journal of Monetary Economics, 15, 29–39.FamaE.1985What's different about banks?Journal of Monetary Economics15293910.1016/0304-3932(85)90051-0Search in Google Scholar
Gałka, T., Gontarek, A., & Kowalski, P. (2015). Corporate debt securities market in Poland: State of art, problems, and prospects for development, mBank-CASE Seminar Proceedings No. 136/2015.GałkaT.GontarekA.KowalskiP.2015Corporate debt securities market in Poland: State of art, problems, and prospects for developmentmBank-CASE Seminar Proceedings No. 136/2015.Search in Google Scholar
Ghosh, S., & Sensarma, R. (2004). Does monetary policy matter for corporate governance? Firm-level evidence from India. In M. Hirschey, J.GhoshS.SensarmaR.2004Does monetary policy matter for corporate governance? Firm-level evidence from IndiaIn M. Hirschey, J.10.1016/S1569-3732(04)09013-9Search in Google Scholar
Gontarek, A., Catalyst as a stimulant for the development of the market of debt instruments; potential, aspirations, possibilities, available on https://www.slideshare.net/economics10/corporate-debt-securities-market-in-poland-state-of-art-problems-and-prospects-for-developmentGontarekA.Catalyst as a stimulant for the development of the market of debt instruments; potential, aspirations, possibilitiesavailable on https://www.slideshare.net/economics10/corporate-debt-securities-market-in-poland-state-of-art-problems-and-prospects-for-developmentSearch in Google Scholar
Kose, & A. K. Makhija (Eds.), Corporate Governance, “Advances in Financial Economics” (Vol. 9, pp. 327–353). Elsevier Science.KoseMakhijaA. K.(Eds.),Corporate Governance, “Advances in Financial Economics”9327353Elsevier ScienceSearch in Google Scholar
Gomes, A., & Phillips, G. (2012). Why do public firms issue private and public securities? Journal of Financial Intermediation, 21(4), 619–658.GomesA.PhillipsG.2012Why do public firms issue private and public securities?Journal of Financial Intermediation21461965810.3386/w11294Search in Google Scholar
Hope, O. K. (2003a). Accounting policy disclosures and analysts’ forecasts. Contemporary Accounting Research, 20(2), 295–321.HopeO. K.2003aAccounting policy disclosures and analysts’ forecastsContemporary Accounting Research20229532110.1506/LA87-D1NF-BF06-FW1BSearch in Google Scholar
Hope, O. K. (2003b). Disclosure practices, enforcement of accounting standards, and analysts, forecast accuracy: An international study. Journal of Accounting Research, 41(2), 235–272.HopeO. K.2003bDisclosure practices, enforcement of accounting standards, and analysts, forecast accuracy: An international studyJournal of Accounting Research41223527210.1111/1475-679X.00102Search in Google Scholar
Houston, J., & James, C. (1996). Bank information monopolies and the mix of private and public debt claims. Journal of Finance, 51, 1863–1889.HoustonJ.JamesC.1996Bank information monopolies and the mix of private and public debt claimsJournal of Finance511863188910.1111/j.1540-6261.1996.tb05229.xSearch in Google Scholar
IMF, Sahay, R., Čihák, M., N’Diaye, P., Barajas, A., Bi, R., ¼ Yousefi, R. S. (2015). Rethinking financial deepening: Stability and growth in emerging markets. International Monetary Fund, IMF Staff Discussion Note no. SDN/15/08.IMFSahayR.ČihákM.N’DiayeP.BarajasA.BiR.YousefiR. S.2015Rethinking financial deepening: Stability and growth in emerging marketsInternational Monetary Fund, IMF Staff Discussion Note no. SDN/15/08.Search in Google Scholar
Jiménez, G., Ongena, S., Peydró, J., & Saurina, J. (2010). Credit supply: Identifying balance-sheet channel with loan applications and granted loans. European Central Bank Working Paper 1179/April.JiménezG.OngenaS.PeydróJ.SaurinaJ.2010Credit supply: Identifying balance-sheet channel with loan applications and granted loansEuropean Central Bank Working Paper 1179/April.10.2139/ssrn.1685370Search in Google Scholar
Johnson, S. A. (2003). Debt maturity and the effects of growth opportunities and liquidity on leverage. Review of Financial Studies, 16(1), 209–236.JohnsonS. A.2003Debt maturity and the effects of growth opportunities and liquidity on leverageReview of Financial Studies16120923610.1093/rfs/16.1.0209Search in Google Scholar
Krishnaswami, S., Spindt, P., & Subramaniam, V. (1999). Information asymmetry, monitoring, and the placement structure of debt. Journal of Financial Economics, 51, 407–434.KrishnaswamiS.SpindtP.SubramaniamV.1999Information asymmetry, monitoring, and the placement structure of debtJournal of Financial Economics5140743410.2139/ssrn.120408Search in Google Scholar
Leland, H. E., & Pyle, D. H. (1977). Informational asymmetries, financial structure, and financial intermediation. Journal of Finance, 32, 371–387.LelandH. E.PyleD. H.1977Informational asymmetries, financial structure, and financial intermediationJournal of Finance3237138710.2307/2326770Search in Google Scholar
Miller, M. (1977). Debt and taxes. Journal of Finance, 32(2), 261–275.MillerM.1977Debt and taxesJournal of Finance32226127510.1111/j.1540-6261.1977.tb03267.xSearch in Google Scholar
Modigliani, F., & Miller, M. (1958). The cost of capital, corporation finance and the theory of investment. American Economic Review, 48, 261–297.ModiglianiF.MillerM.1958The cost of capital, corporation finance and the theory of investmentAmerican Economic Review48261297Search in Google Scholar
Morellecy, E., Valta, P., & Zhdanov, A. (2015). Financing investment: The choice between bonds and bank loans. Management Science, 61(11), 2549–2824.MorellecyE.ValtaP.ZhdanovA.2015Financing investment: The choice between bonds and bank loansManagement Science61112549282410.1287/mnsc.2014.2005Search in Google Scholar
Myers, S., & Majluf, N. (1984). Corporate financing and investment decision when firms have information and investors do not have. The Journal of Financial Economics, 13(2), 187–221.MyersS.MajlufN.1984Corporate financing and investment decision when firms have information and investors do not haveThe Journal of Financial Economics13218722110.1016/0304-405X(84)90023-0Search in Google Scholar
Philippon, T., & Reshef, A. (2012). Wages and human capital in the U.S. finance industry: 1909–2006. Quarterly Journal of Economics, 127(4), p. 1551–1569.PhilipponT.ReshefA.2012Wages and human capital in the U.S. finance industry: 1909–2006Quarterly Journal of Economics12741551156910.1093/qje/qjs030Search in Google Scholar
Philippon, T., & Reshef, A. (2013). An international look at the growth of modern finance. Journal of Economic Perspectives, 27(2), 73–96.PhilipponT.ReshefA.2013An international look at the growth of modern financeJournal of Economic Perspectives272739610.1257/jep.27.2.73Search in Google Scholar
Rajan, R. (1992). Insiders and outsiders: The choice between informed and arm's length debt. Journal of Finance, 47, 1367–1400.RajanR.1992Insiders and outsiders: The choice between informed and arm's length debtJournal of Finance471367140010.1111/j.1540-6261.1992.tb04662.xSearch in Google Scholar
Rusiecki, K., & Białek-Jaworska, A. (2015). Early warning system of the bankruptcy risk of building companies – a comparison of the discriminate analysis and the logit model (in Polish), Ekonomia, (accepted after review at 7th of December, currently in print).RusieckiK.Białek-JaworskaA.2015Early warning system of the bankruptcy risk of building companies – a comparison of the discriminate analysis and the logit model(in Polish), Ekonomia, (accepted after review at 7th of December, currently in print).Search in Google Scholar
Smith, C. (1986). Investment banking and the acquisition process. Journal of Financial Economics, 15, 3–29.SmithC.1986Investment banking and the acquisition processJournal of Financial Economics1532910.1016/0304-405X(86)90048-6Search in Google Scholar
StockWatch. (2012). The S&P rating scale equivalent for the Altman Z ‘score index based on E. I. Altman, E. Hotchkiss, Corporate Financial Distress and Bankruptcy: Predict and Avoid Bankruptcy, Analyze and Invest in Distressed Debt, 3rd Edition, Wiley & Sons (12.08.2015).StockWatch2012The S&P rating scale equivalent for the Altman Z ‘score indexbased on E. I. Altman, E. Hotchkiss, Corporate Financial Distress and Bankruptcy: Predict and Avoid Bankruptcy, Analyze and Invest in Distressed Debt, 3rd Edition, Wiley & Sons (12.08.2015).Search in Google Scholar
