Capital structure in medium-sized companies in Department of Boyacá, Colombia
The study of capital structure is one of the financial topics of greatest impact, since among the theories that attempt to explain it,has not yet reached a consensus on the determinants and the behavior of funding decisions in companies. Research on the behavior of capital structure in small and med...
- Autores:
- Tipo de recurso:
- http://purl.org/coar/resource_type/c_6662
- Fecha de publicación:
- 2015
- Institución:
- Universidad Pedagógica y Tecnológica de Colombia
- Repositorio:
- RiUPTC: Repositorio Institucional UPTC
- Idioma:
- spa
eng
- OAI Identifier:
- oai:repositorio.uptc.edu.co:001/11925
- Acceso en línea:
- https://revistas.uptc.edu.co/index.php/cenes/article/view/3543
https://repositorio.uptc.edu.co/handle/001/11925
- Palabra clave:
- Capital structure
medium sized companies
funding.
Estructura de capital
medianas empresas
financiamient
- Rights
- License
- Copyright (c) 2015 Andrés Fernando Mejía Amaya
| id |
REPOUPTC2_a6b9cb69bb4b0fc561b99a174fd8d1e5 |
|---|---|
| oai_identifier_str |
oai:repositorio.uptc.edu.co:001/11925 |
| network_acronym_str |
REPOUPTC2 |
| network_name_str |
RiUPTC: Repositorio Institucional UPTC |
| repository_id_str |
|
| spelling |
2015-05-072024-07-05T18:44:34Z2024-07-05T18:44:34Zhttps://revistas.uptc.edu.co/index.php/cenes/article/view/354310.19053/22565779.3543https://repositorio.uptc.edu.co/handle/001/11925The study of capital structure is one of the financial topics of greatest impact, since among the theories that attempt to explain it,has not yet reached a consensus on the determinants and the behavior of funding decisions in companies. Research on the behavior of capital structure in small and medium size companies, is even more complex issue, since traditional models are mainly applicable to trade on the capital markets or in public interest companies.For this work midsize companies were selected, in the Department of Boyacá in Colombia as study population, applying a model that has been used in similar cases in other countries, in the study has empirically demonstrated preference for equity financing rather than debt, which in turn was preferred by companies with greater volatility in profitability and fastest growing. El estudio de la estructura de capital es uno de los tópicos financieros de mayor impacto, puesto que entre las teorías que intentan explicarla todavía no se ha llegado a un consenso sobre las determinantes y el comportamiento de las decisiones de financiamiento en las empresas. La investigación sobre el comportamiento de la estructura de capital en las empresas de tamaño medio y pequeño es un asunto aún más complejo, pues los modelos tradicionales son aplicables principalmente a empresas que se cotizan en los mercados de capitales o son de interés público. Para este trabajo se seleccionaron las medianas empresas en el departamento de Boyacá en Colombia como población por estudiar, aplicando un modelo que se ha utilizado en casos similares en otros países, se demostró empíricamente la preferencia por la financiación con recursos propios antes que con deuda, la cual, a su vez, se prefirió por las empresas con mayor volatilidad en su rentabilidad y por las de mayor crecimiento.application/pdfapplication/pdfspaengspaengUniversidad Pedagógica y Tecnológica de Colombiahttps://revistas.uptc.edu.co/index.php/cenes/article/view/3543/3145https://revistas.uptc.edu.co/index.php/cenes/article/view/3543/4641Copyright (c) 2015 Andrés Fernando Mejía Amayahttp://creativecommons.org/licenses/by-nc-sa/4.0http://purl.org/coar/access_right/c_abf163http://purl.org/coar/access_right/c_abf2Apuntes del Cenes; Vol. 34 No. 59 (2015); 185-206Apuntes del Cenes; Vol. 34 Núm. 59 (2015); 185-2062256-57790120-3053Capital structuremedium sized companiesfunding.Estructura de capitalmedianas empresasfinanciamientCapital structure in medium-sized companies in Department of Boyacá, ColombiaLa estructura de capital en las medianas empresas del departamento de Boyacá-Colombiainfo:eu-repo/semantics/articlehttp://purl.org/coar/resource_type/c_6662http://purl.org/coar/resource_type/c_2df8fbb1info:eu-repo/semantics/publishedVersionhttp://purl.org/coar/version/c_970fb48d4fbd8a246http://purl.org/coar/version/c_970fb48d4fbd8a85Mejía Amaya, Andrés Fernando001/11925oai:repositorio.uptc.edu.co:001/119252025-07-18 12:13:26.065metadata.onlyhttps://repositorio.uptc.edu.coRepositorio Institucional UPTCrepositorio.uptc@uptc.edu.co |
| dc.title.en-US.fl_str_mv |
Capital structure in medium-sized companies in Department of Boyacá, Colombia |
| dc.title.es-ES.fl_str_mv |
La estructura de capital en las medianas empresas del departamento de Boyacá-Colombia |
| title |
Capital structure in medium-sized companies in Department of Boyacá, Colombia |
| spellingShingle |
Capital structure in medium-sized companies in Department of Boyacá, Colombia Capital structure medium sized companies funding. Estructura de capital medianas empresas financiamient |
| title_short |
Capital structure in medium-sized companies in Department of Boyacá, Colombia |
| title_full |
Capital structure in medium-sized companies in Department of Boyacá, Colombia |
| title_fullStr |
Capital structure in medium-sized companies in Department of Boyacá, Colombia |
| title_full_unstemmed |
Capital structure in medium-sized companies in Department of Boyacá, Colombia |
| title_sort |
Capital structure in medium-sized companies in Department of Boyacá, Colombia |
| dc.subject.en-US.fl_str_mv |
Capital structure medium sized companies funding. |
| topic |
Capital structure medium sized companies funding. Estructura de capital medianas empresas financiamient |
| dc.subject.es-ES.fl_str_mv |
Estructura de capital medianas empresas financiamient |
| description |
The study of capital structure is one of the financial topics of greatest impact, since among the theories that attempt to explain it,has not yet reached a consensus on the determinants and the behavior of funding decisions in companies. Research on the behavior of capital structure in small and medium size companies, is even more complex issue, since traditional models are mainly applicable to trade on the capital markets or in public interest companies.For this work midsize companies were selected, in the Department of Boyacá in Colombia as study population, applying a model that has been used in similar cases in other countries, in the study has empirically demonstrated preference for equity financing rather than debt, which in turn was preferred by companies with greater volatility in profitability and fastest growing. |
| publishDate |
2015 |
| dc.date.accessioned.none.fl_str_mv |
2024-07-05T18:44:34Z |
| dc.date.available.none.fl_str_mv |
2024-07-05T18:44:34Z |
| dc.date.none.fl_str_mv |
2015-05-07 |
| dc.type.none.fl_str_mv |
info:eu-repo/semantics/article |
| dc.type.coar.fl_str_mv |
http://purl.org/coar/resource_type/c_2df8fbb1 |
| dc.type.coarversion.fl_str_mv |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| dc.type.coar.spa.fl_str_mv |
http://purl.org/coar/resource_type/c_6662 |
| dc.type.version.spa.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
| dc.type.coarversion.spa.fl_str_mv |
http://purl.org/coar/version/c_970fb48d4fbd8a246 |
| format |
http://purl.org/coar/resource_type/c_6662 |
| status_str |
publishedVersion |
| dc.identifier.none.fl_str_mv |
https://revistas.uptc.edu.co/index.php/cenes/article/view/3543 10.19053/22565779.3543 |
| dc.identifier.uri.none.fl_str_mv |
https://repositorio.uptc.edu.co/handle/001/11925 |
| url |
https://revistas.uptc.edu.co/index.php/cenes/article/view/3543 https://repositorio.uptc.edu.co/handle/001/11925 |
| identifier_str_mv |
10.19053/22565779.3543 |
| dc.language.none.fl_str_mv |
spa eng |
| dc.language.iso.spa.fl_str_mv |
spa eng |
| language |
spa eng |
| dc.relation.none.fl_str_mv |
https://revistas.uptc.edu.co/index.php/cenes/article/view/3543/3145 https://revistas.uptc.edu.co/index.php/cenes/article/view/3543/4641 |
| dc.rights.en-US.fl_str_mv |
Copyright (c) 2015 Andrés Fernando Mejía Amaya http://creativecommons.org/licenses/by-nc-sa/4.0 |
| dc.rights.coar.fl_str_mv |
http://purl.org/coar/access_right/c_abf2 |
| dc.rights.coar.spa.fl_str_mv |
http://purl.org/coar/access_right/c_abf163 |
| rights_invalid_str_mv |
Copyright (c) 2015 Andrés Fernando Mejía Amaya http://creativecommons.org/licenses/by-nc-sa/4.0 http://purl.org/coar/access_right/c_abf163 http://purl.org/coar/access_right/c_abf2 |
| dc.format.none.fl_str_mv |
application/pdf application/pdf |
| dc.publisher.en-US.fl_str_mv |
Universidad Pedagógica y Tecnológica de Colombia |
| dc.source.en-US.fl_str_mv |
Apuntes del Cenes; Vol. 34 No. 59 (2015); 185-206 |
| dc.source.es-ES.fl_str_mv |
Apuntes del Cenes; Vol. 34 Núm. 59 (2015); 185-206 |
| dc.source.none.fl_str_mv |
2256-5779 0120-3053 |
| institution |
Universidad Pedagógica y Tecnológica de Colombia |
| repository.name.fl_str_mv |
Repositorio Institucional UPTC |
| repository.mail.fl_str_mv |
repositorio.uptc@uptc.edu.co |
| _version_ |
1839633818212892672 |