Determinantes de la estructura de capital de las mi pymes del sector real participantes del Premio Innova 2007/2011
The purpose of this article is to identify the determining factors of the capital structure of MSMEs that competed for the Colombian Innova Prize for innovation in the 2007-2011 period. To do this, we used panel data analysis with dependent long- or short-term debt variables, and six independent var...
- Autores:
-
Padilla-Ospina, Ana Milena
Rivera-Godoy, Jorge Alberto
Ospina-Holguín, Javier Humberto
- Tipo de recurso:
- Article of journal
- Fecha de publicación:
- 2015
- Institución:
- Universidad Católica de Colombia
- Repositorio:
- RIUCaC - Repositorio U. Católica
- Idioma:
- spa
- OAI Identifier:
- oai:repository.ucatolica.edu.co:10983/17536
- Acceso en línea:
- https://hdl.handle.net/10983/17536
- Palabra clave:
- ESTRUCTURA DE CAPITAL
MIPYMES
INNOVACIÓN
SECTOR REAL
- Rights
- openAccess
- License
- Derechos Reservados - Universidad Católica de Colombia, 2015
| Summary: | The purpose of this article is to identify the determining factors of the capital structure of MSMEs that competed for the Colombian Innova Prize for innovation in the 2007-2011 period. To do this, we used panel data analysis with dependent long- or short-term debt variables, and six independent variables taken from previous studies. In addition, we applied a survey to compare the results of the econometric model. The results of the study tentatively suggest that the pecking order theory explains how MSMEs nominated for the Innova Prize for innovation are financed. |
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