La emisión de acciones para el financiamiento interno de las empresas en Ecuador período 2011-2015
Fecha
2016-09-01
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Universidad de Guayaquil Facultad de Ciencias Económicas
Resumen
Las empresas en Ecuador presentan problemas al obtener recursos financieros ya sea del
sector bancario o aportación de capital de los socios. Generalmente esto conlleva al
estancamiento de nuevos proyectos de inversión, que ayudarían a mejorar el crecimiento
de la empresa, y además de fortalecer el aparato productivo del país. Sin lugar a dudas, la
falta de conocimiento de alternativas de financiamiento es otro inconveniente actual
dentro del ámbito empresarial. La posibilidad de emitir acciones para la financiación
interna de la empresa con recursos que provengan y se comercialicen dentro del mercado
de valores del país es una alternativa. Este trabajo tiene como finalidad analizar la emisión
de acciones como una opción potencial para el financiamiento de las empresas en nuestro
país. En el presente trabajo se realiza una investigación cualitativa para examinar el
entorno de los participantes en el contexto. Además se utiliza el método inductivo que es
un método científico que nos permite ir de lo particular a lo general. En este caso permite
indagar el conocimiento de los administradores sobre el mercado bursátil y su evolución
de negocio a través del periodo. Muestra un mercado de valores en proceso de crecimiento
con poco dinamismo. En consecuencia genera la recurrente información asimétrica entre
inversionistas y administradores de empresas. Por ello, se requiere masificar la alternativa
de la emisión de acciones para el financiamiento empresarial que ha demostrado ser una
estrategia transformadora cuando se aplica correctamente en la política de la estructura
de capital en la empresa.
Companies in Ecuador presents problems to obtain financial resources either banking or contribution of capital of members. This usually leads to stagnation of new investment projects, which would help to enhance the growth of the company, and in addition to strengthening the productive apparatus of the country. Without a doubt, the lack of knowledge of financing alternatives is another current problem within the business field. The possibility to issue shares for internal funding the company with resources that come and are marketed within the country stock market is an alternative. This study aims to analyze the issue of shares as a potential option for the financing of companies in our country. In this study is a qualitative research to examine the environment of the participants in the context. In addition, the inductive method, which is a scientific method that allows us to go from the particular to the general is used. In this case — investigate the knowledge of managers on the stock market and its evolution of business throughout the period. It shows a stock market in the process of growth with little dynamism. As a result generates recurrent asymmetric information between investors and business managers. Therefore it is required to overcrowd the alternative from the issue of shares for business financing that has proven to be a transformative strategy when applied correctly in politics of the capital in the company structure.
Companies in Ecuador presents problems to obtain financial resources either banking or contribution of capital of members. This usually leads to stagnation of new investment projects, which would help to enhance the growth of the company, and in addition to strengthening the productive apparatus of the country. Without a doubt, the lack of knowledge of financing alternatives is another current problem within the business field. The possibility to issue shares for internal funding the company with resources that come and are marketed within the country stock market is an alternative. This study aims to analyze the issue of shares as a potential option for the financing of companies in our country. In this study is a qualitative research to examine the environment of the participants in the context. In addition, the inductive method, which is a scientific method that allows us to go from the particular to the general is used. In this case — investigate the knowledge of managers on the stock market and its evolution of business throughout the period. It shows a stock market in the process of growth with little dynamism. As a result generates recurrent asymmetric information between investors and business managers. Therefore it is required to overcrowd the alternative from the issue of shares for business financing that has proven to be a transformative strategy when applied correctly in politics of the capital in the company structure.
Descripción
Finanzas
Palabras clave
ACCIONES, MERCADO DE CAPITALES, APALANCAMIENTO FINANCIERO