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 al 2012 CASO CIIU G4630.41 - Venta al por mayor de camarón y langostinos

Abstract

The research "Capital structure of Ecuadorian SMEs: Variation of profitability depending on the sources of funding for medium-sized companies Corporate Ecuador (MESE), period 2000-2012". CASO CIIU G4630.41 – Venta al por mayor de camarones y langostinos” part of the need for an approach to issue of MESE and its environment. The objective of this research was to determine the factors of internal and external sources of funding that affect the capital structure and profitability of the MESE; for which it was necessary to develop techniques such as literature research and application of surveys financial managers of companies belonging to the categories of study. The main results was determined that credit and equity are the two main types of financing to those who use the MESE. Caution is also evident that the Ecuadorian MESE operate. Finally, it was revealed that in 2000 the debt asset may have influenced the financial profitability