CONCEPT OF RESOURCE CAPITAL IN COMPANIES

                      Marlena Grabowska, marlena@zim.pcz.pl
                    Czestochowa University of Technology, Poland
                              Faculty of Management


        Abstract. Resource capital might be defined as a remaining, after exclusion of
share capital, value of the equity being mainly a result of the company’s operation and
also a result of the formulated and implemented strategies of forming a capital structure
within a particular entity. Therefore a resource capital is an equivalent of fixed and
current assets of the company’s owners, but not financed through share capital. A level of
a positive or negative impact of resource capital on the value of equity depends on the
value of each component of resource capital. Influence of net financial loss on value of
equity is also remarkable.

       Keywords: resource capital, equity, assets

       JEL codes: G30, G32, G31.