Scale of bankruptcies of enterprises in Poland
2011
Boratynska, K., Warsaw Univ. of Life Sciences (Poland). Faculty of Economic Sciences. Dept. of Economics and Organisation of Enterprises
The aim of the article was to present the scale of bankruptcies of enterprises in Poland, with a particular focus on the agribusiness sector. The analysis results were presented according to the following criteria: type of bankruptcy proceedings, enterprise legal form, and division by provinces and branches. In 2010, almost 85% of total number of bankruptcies of enterprises accounted bankruptcies for liquidation of assets. Findings show that the greatest number of bankruptcies in the period analysed relates to limited liability companies (in 2010 it accounted for as much as 69% of all bankruptcies). Regarding branches, the greatest number of bankruptcies relates to industry, trade, and transport. A particular attention was paid to the scale and reasons for bankruptcies in the agribusiness. Factors preventing and accelerating bankruptcies of agribusiness enterprises were discussed in the article. It is worth mentioning that the percentage of bankruptcies of agribusiness enterprises in the total number of bankruptcies was low (approximately 10% in 2007-2008).
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