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), período 2000 a 2012 clasificación CIIU C1410.02 ( fabricación de prendas de vestir de telas tejidas, de punto y ganchillo, de telas no tejidas, entre otras para hombres, mujeres y niños

Abstract

It has conducted a national research with the main objective to determine the factors of internal and external sources of funding that affect the capital structure and profitability of the MESE (medium Ecuadorian corporate companies). In addition an analysis of financial indicators of solvency and profitability for the period 2000-2012 is made and it's also checked whether and to what extent there is a correlation between capital structure and profitability of the MESE. This project focuses in general on economic environment of SMEs, features, and types of financing availability in the market. The MESE is analyzed with ISIC C1410.02 (company engaged in the manufacture of garments woven, knitted and crocheted, of nonwovens, among others, for men, women and children), to know the profile of their financial managers, whether or not they resort financially and whether MESE make use of financial tools, to what extent and which one of them and whether or not they are considered essential for an economic growth.