La estructura financiera de las empresas. un análisis descriptivo

This paper analyse the relevance of two key factors in determining the capital structure of companies: firm size and industry classification. Our analysis has been carried out on 6.338 andalusian companies for 2001 period. The results of our study show that andalusian companies are highly leveraged....

Full description

Saved in:
Bibliographic Details
Published inRevista eletrônica de ciência administrativa Vol. 4; no. 1; pp. 1 - 24
Main Authors Naharro, Félix Jiménez, Sánchez, María José Palacín
Format Journal Article
LanguageEnglish
Published Campo Largo Faculdade Cenecista de Campo Largo - FACECLA 15.05.2005
Instituto Brasileiro de Estudos e Pesquisas Sociais
Online AccessGet full text

Cover

More Information
Summary:This paper analyse the relevance of two key factors in determining the capital structure of companies: firm size and industry classification. Our analysis has been carried out on 6.338 andalusian companies for 2001 period. The results of our study show that andalusian companies are highly leveraged. Besides small firms are more level of debt than medium and large firms. The results also indicate that the companies that belong to construction and business services sectors have the highest debt ratios.
ISSN:1677-7387
1677-7387
DOI:10.5329/RECADM.20050401002