Companies and Bank lending in Peru: 2009 - 2012

The paper seeks to find the factors that influence corporate borrowing, taking as example a set of extractive and manufacturing companies listed on the Lima Stock Exchange. According to the hypothesis and the results of the econometric and statistical evaluation it has been able to establish the exi...

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Detalhes bibliográficos
Autor: Cortez Cortez, Gaby
Tipo de documento: artigo
Estado:Versão publicada
Data de publicação:2014
País:Perú
Recursos:Universidad Nacional Mayor de San Marcos
Repositório:Revistas - Universidad Nacional Mayor de San Marcos
Idioma:espanhol
OAI Identifier:oai:revistasinvestigacion.unmsm.edu.pe:article/11018
Acesso em linha:https://revistasinvestigacion.unmsm.edu.pe/index.php/econo/article/view/11018
Access Level:Acceso aberto
Palavra-chave:companies
bank credit
empresas
crédito bancario
Descrição
Resumo:The paper seeks to find the factors that influence corporate borrowing, taking as example a set of extractive and manufacturing companies listed on the Lima Stock Exchange. According to the hypothesis and the results of the econometric and statistical evaluation it has been able to establish the existence of a negative relationship between profitability and leverage of this group of companies. The average rate of return of the companies analyzed in the sample is 9.7 percent. Companies with higher negative elasticities show lower rates of return. Companies with lower negative elasticities show rates of return below average performance.