Estructura de capital y rentabilidad financiera. Un estudio aplicado a las empresas del subsector G4791: venta al por menor por correo y por internet. Periodo 2018 2022

Abstract

Abstract: The influence of capital structure on profitability is a crucial issue in the context of the current economy, especially for companies in the G4791 subsector that face particular challenges given the emerging nature and volatility of the market. Thus, this research proposes to analyze the relationship between capital structure and financial profitability of these companies, using a descriptive quantitative methodology based on financial statements extracted from the Superintendence of Companies, Securities and Insurance. The study sample includes four companies and the results show a significant relationship between equity indebtedness and the equity ratio, asset indebtedness and the equity ratio, and between equity indebtedness and the age of the companies. Such findings show that efficient capital structure management can improve the financial performance of these companies. In this sense, the present study differs in its focus on a relatively new subsector in the country by providing an empirical basis that can guide entrepreneurs in their decision making and contribute to the academic understanding of financial dynamics.