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La estructura de capital en la empresa: su estudio contemporáneo

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  • Andrés Fernando Mejía Amaya

Abstract

El presente artículo hace una revisión de la literatura contemporánea en el tema de estructura de capital en las empresas, de acuerdo con los resultados de los estudios empíricos y teóricos publicados en algunos de las revistas más relevantes en el área de finanzas a nivel internacional. Asimismo, presenta las variables que le han sido asociadas más tradicionalmente , las nuevas variables que se han incorporado al estudio, las teorías tradicionales y las que se están consolidando, las características de las empresas, el entorno y los stakeholders, que revisten interés actualmente en la búsqueda de una explicación teórica y empírica a las decisiones de financiamiento.******This article reviews the contemporary literature on the topic of capital structure in companies, according to the results of empirical and theoretical studies published in some of the most important journals in the field of finance around the world. Presents the variables that are more traditionally associated as determinants, new variables have entered the study, traditional theories and being consolidated, the characteristics of businesses, the environment and stakeholders, which are of current interest in the search of a theoretical and empirical explanation for funding decisions. Articulo PDF Todos los Artículos

Suggested Citation

  • Andrés Fernando Mejía Amaya, 2013. "La estructura de capital en la empresa: su estudio contemporáneo," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 5(2), pages 141-160, December.
    • Handle: RePEc:col:000443:012129
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    References listed on IDEAS

    as
    1. McMillan, David G. & Camara, Omar, 2012. "Dynamic capital structure adjustment: US MNCs & DCs," Journal of Multinational Financial Management, Elsevier, vol. 22(5), pages 278-301.
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    More about this item

    Keywords

    Estructura de capital; endeudamiento; financiamiento; apalancamiento.********Kaywords: capital structure; debt; funding; leverage.;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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