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 2013. CIIU 475: Venta al por menor de otros enseres domésticos en comercios especializados

Abstract

Abstract: This research explains how Medium Enterprises Corporate in Ecuador (mese) seek to meet their investment and profitability in the enterprise market, the way the mesemanage different sources of funding to remain in the middle which develop, satisfy its shareholders and the market in which they compete. This research explains fairly strong correlation between debt-profitability of the business sector since 2000. Similarly analyzes the behavior of financial managers, their preference for the use of financial tools such as budgets or balances and academic and empirical formation people in charge of the finances of the company. The MESE whose main financing the private financial system and the reinvestment of profits, its main influence lies in the control of the financial system lending rates. To this it has taken a sample of companies in different sectors from 2000 to 2013 to observe their behavior and financial developmen.