La estructura de capital de la PYMEun análisis empírico

1. Otero González, Luis
2. Fernández López, Sara
3. Vivel Búa, Milagros

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Abstract

This paper analyzes the capital structure of the industrial SMEs to detect those factors that can condition it, particularly, size, yield, guarantees and growth opportunities of the firm. The results show that the companies of smaller dimension support a greater leverage. Also, the firm's guarantees and growth opportunities mitigate the restrictions in the obtaining of financing

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