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Factores de éxito en el financiamiento para Pymes a través del Crowdfunding en México

Author

Listed:
  • John De Jesús González

    (Universidad Autónoma del Estado de México, México)

  • Filiberto Enrique Valdés Medina

    (Universidad Autónoma del Estado de México, México)

  • Maria Luisa Saavedra García

    (Universidad Nacional Autónoma de México, México)

Abstract

El presente trabajo se enfoca en el creciente interés a nivel global por el estudio de las finanzas tecnológicas (Fintech) en lo general, y el fondeo colectivo en lo particular, como herramientas tecnológicas que permiten la financiación de diversas iniciativas de emprendimiento. El objetivo es identificar los factores que impactan en el éxito de financiamiento de las Pymes que participan en las plataformas de fondeo colectivo, mediante la técnica de análisis de la covarianza (Ancova) en las calificaciones de riesgo mientras se controlan estadísticamente el monto del crédito, el plazo, la tasa y el número de fondeadores. Los resultados muestran que el riesgo impacta significativamente el éxito de fondeo, resultando además ser covariables relevantes: la tasa de interés pagada, el monto financiado, y el número de fondeadores, no siendo el caso para el plazo del crédito pues es una covariable poco significativa. Del análisis del éxito de fondeo y su relación con el riesgo, se destaca la tasa de retorno como principal incentivo en el fondeo de las empresas, sin embargo, resta profundizar las investigaciones desde el impacto ético, social, y ambiental en las decisiones de fondeo.

Suggested Citation

  • John De Jesús González & Filiberto Enrique Valdés Medina & Maria Luisa Saavedra García, 2021. "Factores de éxito en el financiamiento para Pymes a través del Crowdfunding en México," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 16(2), pages 1-23, Abril - J.
    • Handle: RePEc:imx:journl:v:16:y:2021:i:2:a:8
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    More about this item

    Keywords

    Crowdfunding; financiamiento; PYME; Fintech;
    All these keywords.

    JEL classification:

    • G29 - Financial Economics - - Financial Institutions and Services - - - Other
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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