Record Details

INVOLVEMENT OF FACTORS IN RECEIVABLES INSURANCE AS EXEMPLIFIED BY POLAND

International Journal of Management and Social Sciences

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Field Value
 
Title INVOLVEMENT OF FACTORS IN RECEIVABLES INSURANCE AS EXEMPLIFIED BY POLAND
 
Creator Kreczmańska-Gigol, Katarzyna; Associate Professor, Department of Finance, Warsaw School of Economics, Al. Niepodległości 162, 02-554 Warszawa, Poland
Pajewska-Kwaśny, Renata; Vice Dean of Undergraduate Studies, Department of Business Insurance, Warsaw School of Economics, Al. Niepodległości 162, 02-554 Warszawa, Poland
 
Subject Insurance
Factoring, Factor’s risk, Factoring receivables insurance, Kinds of factoring, Risk, Insurance
Factoring
 
Description The paper presents the results of survey conducted among factors associated in the Polish Factors Association. Their share in the whole factoring market in Poland in 2008 amounted to 70%. The interest of factors in receivables insurance depends on the kind of factoring transaction. They are more often involved in receivables insurance with regard to transactions of higher risk. The main reason indicated by factors why they are not involved in receivables insurance is the refusal to accept the limit by the insurer. Admittedly, the use of factoring receivables insurance would grow if the competition on this market was tougher. Factors appreciate the insurance advantage. They notice that it may result in higher security of their business, improving at the same time the competitiveness of their offer.
 
Publisher SPEAK Foundation
 
Contributor —
 
Date 2012-07-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Primary Survey
 
Format —
 
Identifier http://journals.foundationspeak.com/index.php/ijmss/article/view/40
 
Source INTERNATIONAL JOURNAL OF MANAGEMENT AND SOCIAL SCIENCES (IJMSS); Vol 2, No 1 (2012): IJMSS - July 2(1) 2012; 41-50
2349-9761
2249-0191
 
Language eng
 
Relation http://journals.foundationspeak.com/index.php/ijmss/article/view/40/38
 
Coverage Polanxd
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The paper presents the results of survey conducted among factors associated in the Polish Factors Association. The subject of the paper is the involvement of factors in receivables insurance in Poland.
 
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