Determinants of the Capital Structure in the Colombian Chemical Industry

This research aimed to find the determinants of the capital structure of Colombian companies in the chemical sector. For that, annual data was taken from 233 firms in the period ranging from 2009 to 2018, which allowed to build an unbalanced panel with 1980 observations. The results showed that prof...

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Autores:
Vergara Garavito, Judith
Echeverri Castaño, Cristián Andrés
Escobar Ortega, Javier Esteban
Tipo de recurso:
Fecha de publicación:
2000
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
spa
OAI Identifier:
oai:repository.eafit.edu.co:10784/30400
Acceso en línea:
http://hdl.handle.net/10784/30400
Palabra clave:
Capital structure
Chemical Industry
Leverage
Rights
License
Acceso abierto
Description
Summary:This research aimed to find the determinants of the capital structure of Colombian companies in the chemical sector. For that, annual data was taken from 233 firms in the period ranging from 2009 to 2018, which allowed to build an unbalanced panel with 1980 observations. The results showed that profitability, growth, size, and liquidity are decisive in the decision of capital structure of firms in the chemical sector in Colombia.