Competitive and integrated capital market in Poland as a financing tool for the development of Polish regions

Abstract

The aim of this scientific article is to assess the importance of an integrated approach 6 to the Polish capital market for financing the development of Polish regions after 2020. 7 The result of the research will be creating an analytical integrated model of sequential 8 organizational changes in the Polish capital market. At the theoretical level, an integrated 9 capital market model will be created enabling the correlation of activities of the capital market 10 participants and emphasizing the very essence of political risk management and allowing for 11 determining their potential impact on financing the development of Polish regions’ investments. 12 At the empirical level, the matrix method of decision of problems in the conditions of political 13 risk was used, assuming the occurrence of the following events in the following system: 14 determining the nature of risk, identifying activities, determining possible packages of actions 15 within the framework of political decisions. The results of the research will enable identification 16 of implementation options for actions, and will support implementation of the capital market 17 development strategy. Practical application of research allows for adequate reaction to 18 participants in the situation of organizational changes in the capital market and for showing the 19 importance of financing the development of Polish regions. 20