Estructura de capital de las pymes ecuatorianas: Variación de la rentabilidad en función de las fuentes de financiamiento, caso de las medianas empresas societarias de Ecuador (MESE), periodo 2000 a 2012. Clasificación CIIU G4520.01.

Abstract

This national research project, is aimed at giving an overview of the financial structure of Pymes and the factors influencing capital structure. As a frame of reference information collected in books, journals, support materials, guides, web sites, which supported us to validate the information submitted is used. This research presents the current situation of Pymes is exposed, what are the factors influencing external financing and how it affects profitability. Surveys applied to companies with ISIC (G4520.01 Maintenance and repair of motor vehicles repair classification is then performed: mechanical, electrical, electrical repair of injection systems, auto body repair, vehicle repair parts, windshields, windows, seats and upholstery. Includes anti rust treatment, paint spray or brush and motor vehicles), in order to raise awareness among financial managers about the importance of making good use of these indicators of solvency, profitability and financing which will enable them to take decisions accordingly, to achieve a positive financial return that allows them to grow and remain in the market.