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. Clasificación de la Superintendencia de Compañías del Ecuador CIIU C23 - Fabricación de otros productos minerales no metálicos

Abstract

The main objective of this paper is to give an overview on the situation of companies engaged in the manufacture of other non-metallic mineral products ISIC C23, based on a study of the Medium Corporate Enterprises in Ecuador (MESE), and focus in the study of the situation of these businesses in Ecuador. Therefore in this research paper describes the main characteristics of the MESE and SMEs, the evolution that they have had since 2000 until 2013, as well as the problems facing growing companies in the local market when you apply for credit. This work also provides a guide to the main financial tools that employers use when making decisions about capital structure