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Mezzanine Capital Analysis and Financing Results for Companies

Author

Listed:
  • Zbigniew Kurylek
  • Dariusz Porebski

Abstract

Purpose: The article presents mezzanine capital analysis and the results of mezzanine capital acquisition by companies have been indicated on the basis of the financial analysis measures. Design/methodology/approach: The financial analysis measures should be made comparable, which is achieved through normalisation. The normalisation procedure is a condition for aggregating diagnostic features with a synthetic description of the financial situation of the entities studied. Findings: On the basis of the financial analysis measures, Aggregate Index (AI) has been determined as well as its performance in the companies that acquired mezzanine financing. Practical Implications: Mezzanine capital is adapted to enterprises, taking into account many variables determining the functioning of the enterprises in a given industry. Originality value: The analysis of mezzanine capital. The integrated AI indicator has been estimated for companies using mezzanine financing to show the effects of this kind of financing.

Suggested Citation

  • Zbigniew Kurylek & Dariusz Porebski, 2022. "Mezzanine Capital Analysis and Financing Results for Companies," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 267-282.
    • Handle: RePEc:ers:journl:v:xxv:y:2022:i:4:p:267-282
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    References listed on IDEAS

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    More about this item

    Keywords

    Mezzanine capital; DEA method; hybrid financing; capital sources.;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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