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) “CIIU - F4100.10”, periodo 2000 a 2013.

Abstract

Midsize companies given the nature of its activities contribute to the development of economies, its presence stimulates the growth of productive capital in the companies, devoting efforts to generate supply of both goods and services, to meet the needs of consumers. One of its main contributions is the generation of employment and dynamism with other actors in the economy. The purpose of this study is aimed at identifying financial variables that are affecting PYMES, mainly those belonging to ISIC - F4100.10; so that managers or entrepreneurs of this sector to run efficient and timely decisions that favor the presence and sustainability of companies in the market. Consequently, decisions are aimed at determining what were the sources of funding and profitability levels experienced in the period 2000-2013 by PYMES in the sector under consideration, so that you can determine the structure of required capital