Factors of the capital structure that determine the optimal level of indebtedness in companies of the cement industry that are listed on the Lima Stock Exchange, during the period 2007-2016, Lima, Peru Ángel José Gra
The objective of this study was to determine the effect of capital structure factors on the optimal level of debt in the companies of the cement industry listed on the Lima Stock Exchange during the period 2007 - 2016, the type of study used is explanatory with a non-experimental-retrospective cross...
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| Publicado en: | Revista de Investigación Valor Contable |
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| Autores principales: | , , |
| Formato: | Artículo de revista |
| Lenguaje: | español |
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Universidad Peruana Unión
2020
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| _version_ | 1881695145996320768 |
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| author | Granados Vallejos, Ángel José Fernández Cano, Raquel Maricarmen Solange Paredes Monzoy, Samuel |
| author_browse | Fernández Cano, Raquel Maricarmen Solange Granados Vallejos, Ángel José Paredes Monzoy, Samuel |
| author_facet | Granados Vallejos, Ángel José Fernández Cano, Raquel Maricarmen Solange Paredes Monzoy, Samuel |
| author_sort | Granados Vallejos, Ángel José |
| collection | Revistas |
| container_title | Revista de Investigación Valor Contable |
| description | The objective of this study was to determine the effect of capital structure factors on the optimal level of debt in the companies of the cement industry listed on the Lima Stock Exchange during the period 2007 - 2016, the type of study used is explanatory with a non-experimental-retrospective cross-sectional design since data are collected from the 10 years, the population is constituted by the total of the sector, the data were collected from the financial statements of the same source, analysis and processing of the data results: The factors of age, size, profitability, and guarantee have an effect on the optimal level of debt with a coefficient of 71%, however it was determined that among all factors size has more significant effects, and guarantee, thus corroborating, that debt increases with size and growth opportunities and investment as a result of this, reduce the cost of debt thus, it evidences and argues the influence that exists between the factor of size and the dependent variable, explaining that the companies with larger size with less frequency, reason why they are considered an essential variable for the determination of others of great interest. |
| format | Online |
| id | oai:rivc.upeu.edu.pe:article/1237 |
| institution | UPeU |
| issn | 2413-5860 2410-1052 |
| language | Spanish |
| publishDate | 2020 |
| publishDateRange | 2020 |
| publishDateSort | 2020 |
| publisher | Universidad Peruana Unión |
| publisherStr | Universidad Peruana Unión |
| record_format | ojs |
| revista_str_mv | Revista de Investigación Valor Contable |
| spelling | oai:rivc.upeu.edu.pe:article/12372020-11-30T15:30:09Z Factors of the capital structure that determine the optimal level of indebtedness in companies of the cement industry that are listed on the Lima Stock Exchange, during the period 2007-2016, Lima, Peru Ángel José Gra Factores de la estructura de capital que determinan el nivel óptimo de endeudamiento en empresas de la industria cementera que cotizan en la Bolsa de Valores de Lima, durante el periodo 2007-2016, Lima, Perú Granados Vallejos, Ángel José Fernández Cano, Raquel Maricarmen Solange Paredes Monzoy, Samuel Factores, estructura de capital, nivel óptimo de endeudamiento, costo promedio ponderado de capital Factors, capital structure, optimal level of debt,, weighted average cost of capital The objective of this study was to determine the effect of capital structure factors on the optimal level of debt in the companies of the cement industry listed on the Lima Stock Exchange during the period 2007 - 2016, the type of study used is explanatory with a non-experimental-retrospective cross-sectional design since data are collected from the 10 years, the population is constituted by the total of the sector, the data were collected from the financial statements of the same source, analysis and processing of the data results: The factors of age, size, profitability, and guarantee have an effect on the optimal level of debt with a coefficient of 71%, however it was determined that among all factors size has more significant effects, and guarantee, thus corroborating, that debt increases with size and growth opportunities and investment as a result of this, reduce the cost of debt thus, it evidences and argues the influence that exists between the factor of size and the dependent variable, explaining that the companies with larger size with less frequency, reason why they are considered an essential variable for the determination of others of great interest. El presente trabajo tuvo como objetivo determinar el efecto de los factores de estructura de capital con el nivel óptimo de endeudamiento en empresas de las industrias cementeras que cotizan en la Bolsa de Valores de Lima durante el periodo 2007-2016. El tipo de estudio utilizado fue explicativo con un diseño no experimental- transversal retrospectivo pues se contó datos de 10 años. La población está constituida por el total del sector, los datos fueron recolectados de los estados financieros de la misma fuente. El análisis y procesamiento de los datos muestran los siguientes resultados: los factores edad, tamaño, rentabilidad y garantía tienen un efecto en el nivel óptimo de endeudamiento con un coeficiente de 71%, sin embargo se determinó que entre todos los factores, el tamaño tiene efectos más significativos, a diferencia del factor rentabilidad, edad y garantía, corroborando así, que el endeudamiento aumenta con el tamaño y con las oportunidades de crecimiento e inversión y como efecto reduce el costo de la deuda como evidencia y argumento de la influencia existente del factor tamaño, explicando así que las empresas con mayor tamaño quiebran con menos frecuencia, por lo cual se considera una variable esencial para la determinación de otras. Universidad Peruana Unión 2020-03-03 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Artículo revisado por pares application/pdf text/html https://rivc.upeu.edu.pe/index.php/ri_vc/article/view/1237 10.17162/rivc.v4i1.1237 Revista de Investigación Valor Contable; Vol. 4 Núm. 1 (2017): Revista Científica Valor Contable; 9 - 27 2413-5860 2410-1052 spa https://rivc.upeu.edu.pe/index.php/ri_vc/article/view/1237/1581 https://rivc.upeu.edu.pe/index.php/ri_vc/article/view/1237/1725 Derechos de autor 2020 Revista de Investigación Valor Contable |
| spellingShingle | Factores, estructura de capital, nivel óptimo de endeudamiento, costo promedio ponderado de capital Factors, capital structure, optimal level of debt,, weighted average cost of capital Granados Vallejos, Ángel José Fernández Cano, Raquel Maricarmen Solange Paredes Monzoy, Samuel Factors of the capital structure that determine the optimal level of indebtedness in companies of the cement industry that are listed on the Lima Stock Exchange, during the period 2007-2016, Lima, Peru Ángel José Gra |
| title | Factors of the capital structure that determine the optimal level of indebtedness in companies of the cement industry that are listed on the Lima Stock Exchange, during the period 2007-2016, Lima, Peru Ángel José Gra |
| title_alt | Factores de la estructura de capital que determinan el nivel óptimo de endeudamiento en empresas de la industria cementera que cotizan en la Bolsa de Valores de Lima, durante el periodo 2007-2016, Lima, Perú |
| title_full | Factors of the capital structure that determine the optimal level of indebtedness in companies of the cement industry that are listed on the Lima Stock Exchange, during the period 2007-2016, Lima, Peru Ángel José Gra |
| title_fullStr | Factors of the capital structure that determine the optimal level of indebtedness in companies of the cement industry that are listed on the Lima Stock Exchange, during the period 2007-2016, Lima, Peru Ángel José Gra |
| title_full_unstemmed | Factors of the capital structure that determine the optimal level of indebtedness in companies of the cement industry that are listed on the Lima Stock Exchange, during the period 2007-2016, Lima, Peru Ángel José Gra |
| title_short | Factors of the capital structure that determine the optimal level of indebtedness in companies of the cement industry that are listed on the Lima Stock Exchange, during the period 2007-2016, Lima, Peru Ángel José Gra |
| title_sort | factors of the capital structure that determine the optimal level of indebtedness in companies of the cement industry that are listed on the lima stock exchange during the period 2007 2016 lima peru angel jose gra |
| topic | Factores, estructura de capital, nivel óptimo de endeudamiento, costo promedio ponderado de capital Factors, capital structure, optimal level of debt,, weighted average cost of capital |
| topic_facet | Factores, estructura de capital, nivel óptimo de endeudamiento, costo promedio ponderado de capital Factors, capital structure, optimal level of debt,, weighted average cost of capital |
| url | https://rivc.upeu.edu.pe/index.php/ri_vc/article/view/1237 |
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