La estructura financiera de las pymes catalanas: la dinámica en un contexto de recesión

This research analyses the financial structure of companies in general, and subsequently, to study the factors that determine taking into account the internal vision of the company, with respect to the respective theories, and analysing the economic context also as a key aspect and preponderant in t...

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Detalles Bibliográficos
Autor: Maldonado Gutiérrez, David
Tipo de recurso: tesis doctoral
Estado:Versión publicada
Fecha de publicación:2013
País:España
Institución:CBUC, CESCA
Repositorio:TDR. Tesis Doctorales en Red
OAI Identifier:oai:www.tdx.cat:10803/120792
Acceso en línea:http://hdl.handle.net/10803/120792
Access Level:acceso abierto
Palabra clave:Pymes
Pimes
SMEs
Financiación
Finançament
Funding
Capital
Estructura financiera
Estructura financera
Financial structure
Endeudamiento
Endeutament
Indebtedness
Pasivo
Passiu
Passive
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Descripción
Sumario:This research analyses the financial structure of companies in general, and subsequently, to study the factors that determine taking into account the internal vision of the company, with respect to the respective theories, and analysing the economic context also as a key aspect and preponderant in the definition of these structures. It concludes that companies in recent years have reduced their debt and strengthened their equity in general, due to the need for more economic and credit restrictions than a rational business decision. Differences were observed among smaller companies with more financial problems and less leverage, and the largest, most preferably at the same time, facilitated by external funding. Also, in certain sectors, especially related to construction, have had a bigger adjustment than the others