A special purpose company as an alternative form of conducting development projects

The article presents an original model of organizing financing of residential development projects using special purpose company (SPC). In the face of the growing demand for effective risk management and capital protection mechanisms, SPCs are becoming an important tool in the implementation of deve...

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Main Author: Jaroslaw Szreder
Format: Article
Language:English
Published: University of Applied Sciences in Bielsko-Biała 2024-09-01
Series:Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej
Subjects:
Online Access:https://asej.eu/index.php/asej/article/view/806
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author Jaroslaw Szreder
author_facet Jaroslaw Szreder
author_sort Jaroslaw Szreder
collection DOAJ
description The article presents an original model of organizing financing of residential development projects using special purpose company (SPC). In the face of the growing demand for effective risk management and capital protection mechanisms, SPCs are becoming an important tool in the implementation of development projects, which are usually characterized by a high level of risk and a long period of return on investment. The author discusses the essence and functioning of SPCs, presents the possibilities of their application in the development industry and analyzes the key aspects of choosing the organizational and legal form for this type of projects. Using research methods such as participant observation based on his experience and analysis of professional literature and current legislation, the author seeks an answer to the research problem posed, which is as follows: can the proposed model of financing SPCs in the implementation of development projects be effectively used in the current market and legal conditions. Based on the conducted research and analyses, the author draws conclusions that the presented model of financing development projects through a special purpose vehicle can be effectively used in the current market and legal conditions.
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institution Kabale University
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publishDate 2024-09-01
publisher University of Applied Sciences in Bielsko-Biała
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series Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej
spelling doaj-art-9637daad84f0457fbefc0932f1a125752024-11-19T15:24:53ZengUniversity of Applied Sciences in Bielsko-BiałaZeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej2543-91032543-411X2024-09-0128310.19192/wsfip.sj3.2024.3A special purpose company as an alternative form of conducting development projectsJaroslaw Szreder0Pomaranian UniversityThe article presents an original model of organizing financing of residential development projects using special purpose company (SPC). In the face of the growing demand for effective risk management and capital protection mechanisms, SPCs are becoming an important tool in the implementation of development projects, which are usually characterized by a high level of risk and a long period of return on investment. The author discusses the essence and functioning of SPCs, presents the possibilities of their application in the development industry and analyzes the key aspects of choosing the organizational and legal form for this type of projects. Using research methods such as participant observation based on his experience and analysis of professional literature and current legislation, the author seeks an answer to the research problem posed, which is as follows: can the proposed model of financing SPCs in the implementation of development projects be effectively used in the current market and legal conditions. Based on the conducted research and analyses, the author draws conclusions that the presented model of financing development projects through a special purpose vehicle can be effectively used in the current market and legal conditions. https://asej.eu/index.php/asej/article/view/806special purpose companiesdevelopment projectproject managementfinancing of development activities
spellingShingle Jaroslaw Szreder
A special purpose company as an alternative form of conducting development projects
Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej
special purpose companies
development project
project management
financing of development activities
title A special purpose company as an alternative form of conducting development projects
title_full A special purpose company as an alternative form of conducting development projects
title_fullStr A special purpose company as an alternative form of conducting development projects
title_full_unstemmed A special purpose company as an alternative form of conducting development projects
title_short A special purpose company as an alternative form of conducting development projects
title_sort special purpose company as an alternative form of conducting development projects
topic special purpose companies
development project
project management
financing of development activities
url https://asej.eu/index.php/asej/article/view/806
work_keys_str_mv AT jaroslawszreder aspecialpurposecompanyasanalternativeformofconductingdevelopmentprojects
AT jaroslawszreder specialpurposecompanyasanalternativeformofconductingdevelopmentprojects