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Título : Factores determinantes de la estructura de capital en las empresas agrícolas de la zona 3 del Ecuador.
Autor : DT - Morán Ramón, Eduardo Enrique
Balseca Soto, Mónica Eugenia
Palabras clave : TASA DE INTERÉS
ESTRUCTURA DE CAPITAL
RENTABILIDAD
LIQUIDEZ
Fecha de publicación : nov-2020
Resumen : Este presente trabajo investigativo está enfocado en conocer cuál es su capital propio, capital de deuda y su rentabilidad en las empresas agrícolas de la zona 3. En el desarrollo del estudio, se determinaron los factores determinantes que influyen en la Estructura de Capital como son: rentabilidad negativa o positiva, endeudamiento a largo y corto plazo, activo, liquidez, costos, ventas, capital propio, interés. Mediante la información recopilada de las empresas se hace referente su nivel macro, meso y micro, tomando en cuenta un análisis crítico mediante del árbol de problemas para identificar causas y efectos, dado así el cumplimiento de los objetivos. En sus delimitaciones están designadas específicamente su campo y espacial de acorde a la investigación. Su fundamentación legal está basada al reglamento actualizado de las empresas agrícolas y su investigación fueron obtenidas de fuentes secundarias que reposa en las páginas web de las instituciones de control: Superintendencia de Compañías, Instituto Nacional de Estadísticas y Censos; su procedimiento y análisis esta detallado en los estados financieros de las diecisiete empresas agrícolas más grandes y activas durante los tres años, 2016-2018. Al establecer la estructura de capital genera una mezcla específica de deuda a largo plazo y de capital que la empresa utiliza para financiar sus operaciones, es decir es una de las áreas más complejas de la toma de decisiones financieras debido a su interrelación con otras variables de decisión financiera. También las malas decisiones sobre la estructura de capital generan un costo de capital alto ocasionando riesgos en las mismas. La elaboración de la investigación es a través de la metodología cualitativo y su modalidad es bibliográfica, con un nivel descriptivo por la utilización de indicadores esenciales que son útiles para el manejo de un modelo de regresión, así también las conclusiones y recomendaciones.
Descripción : This research work is focused on knowing what is your own capital, debt capital and its profitability in agricultural companies in zone 3. In the development of the study, the determining factors that influence the Capital Structure were determined such as: negative or positive profitability, long and short-term debt, assets, liquidity, costs, sales, own capital, interest. By means of the information gathered from the companies, their macro level is referenced, meso y micro, taking into account a critical analysis through the problem tree to identify causes and effects, thus giving the fulfillment of the objectives. In its delimitations, its field and space are specifically designated according to the research. Its legal foundation is based on the updated regulations of agricultural companies and its research was obtained from secondary sources that rests on the web pages of the control institutions: Superintendency of Companies, National Institute of Statistics and Censuses; Its procedure and analysis is detailed in the financial statements of the seventeen largest and most active agricultural companies during the three years, 2016- 2018. When establishing the capital structure, it generates a specific mix of long-term debt and capital that the company uses to finance its operations, that is, it is one of the most This research work is focused on knowing what is your own capital, debt capital and its profitability in agricultural companies in zone 3. In the development of the study, the determining factors that influence the Capital Structure were determined such as: negative or positive profitability, long and short-term debt, assets, liquidity, costs, sales, own capital, interest. By means of the information gathered from the companies, their macro level is referenced, meso y micro, taking into account a critical analysis through the problem tree to identify causes and effects, thus giving the fulfillment of the objectives. In its delimitations, its field and space are specifically designated according to the research. Its legal foundation is based on the updated regulations of agricultural companies and its research was obtained from secondary sources that rests on the web pages of the control institutions: Superintendency of Companies, National Institute of Statistics and Censuses; Its procedure and analysis is detailed in the financial statements of the seventeen largest and most active agricultural companies during the three years, 2016- 2018. When establishing the capital structure, it generates a specific mix of long-term debt and capital that the company uses to finance its operations, that is, it is one of the most This research work is focused on knowing what is your own capital, debt capital and its profitability in agricultural companies in zone 3. In the development of the study, the determining factors that influence the Capital Structure were determined such as: negative or positive profitability, long and short-term debt, assets, liquidity, costs, sales, own capital, interest. By means of the information gathered from the companies, their macro level is referenced, meso y micro, taking into account a critical analysis through the problem tree to identify causes and effects, thus giving the fulfillment of the objectives. In its delimitations, its field and space are specifically designated according to the research. Its legal foundation is based on the updated regulations of agricultural companies and its research was obtained from secondary sources that rests on the web pages of the control institutions: Superintendency of Companies, National Institute of Statistics and Censuses; Its procedure and analysis is detailed in the financial statements of the seventeen largest and most active agricultural companies during the three years, 2016- 2018. When establishing the capital structure, it generates a specific mix of long-term debt and capital that the company uses to finance its operations, that is, it is one of the most complex areas of financial decision-making due to its interrelation with other variables of financial decision. Also, bad decisions about the capital structure generate a high cost of capital causing risks in them. The development of the research is through the qualitative methodology and its modality is bibliographic, with a descriptive level for the use of essential indicators that are useful for the management of a regression model, as well as the conclusions and recommendations.
URI : https://repositorio.uta.edu.ec/jspui/handle/123456789/31693
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