Estructura del capital de la Pymes Ecuatorianas: Variación de la rentabilidad en función de las fuentes de financiamiento; Caso de las medianas Empresas Societarias del Ecuador (MESE), Clasificación CIIU B0729 “Extracción de otros Minerales Metalíferos no Ferrosos” período 2000 a 2012

Abstract

This research work whose theme is "Capital structure of Ecuadorian SMEs: Variation of profitability based on the sources of funding; For medium-sized Enterprises Corporate Ecuador (MESE), classification ISIC B0729 "Removing other Nonferrous Ores" period 2000 to 2012. "developed with the aim of identifying analyze the evolution of solvency indicators and profitability in the SMEs, for that reason the general objective to determine the factors of the sources of funding and external to conditional capital structure and profitability of the MESE, objective achieved through the study of SMEs and how these are arises structured capital. To achieve inductive effect research, inferential and statistical methodology followed; as research participants are eight managers from different companies who provided sufficient information to conclude that the industry studied have confidence in financing activities, so the use of financial tools is considered a valuable contribution to making decisions