La crisis del sector eléctrico en california 2000–2001: reformas y desintegración vertical
This paper seeks to analyze what factors determine the capital structure of the banking firms in Colombia. With this purpose, the existing literatura about the subject is reviewed and, assuming that the hypothesis of the existence of an optimal capital structure holds, an optimization model of a rep...
- Autores:
-
García, John J.
Medina Sánchez, Ana María
- Tipo de recurso:
- Fecha de publicación:
- 2005
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- spa
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/908
- Acceso en línea:
- http://hdl.handle.net/10784/908
- Palabra clave:
- Capital Structure
Capital Ratio
Banking Firm.
California
Desintegración vertical
Mercado eléctrico mayorista
Regulación económica
Crisis
California
- Rights
- License
- Acceso abierto
| Summary: | This paper seeks to analyze what factors determine the capital structure of the banking firms in Colombia. With this purpose, the existing literatura about the subject is reviewed and, assuming that the hypothesis of the existence of an optimal capital structure holds, an optimization model of a representative banking firm is implemented to observe how these factors affect the optimal capital structure. Additionally, a panel data model is run to contrast the theoretical results with the empirical evidence for the Colombian banking firms. Finally, some conclusions about the found results are postulated. |
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