TY  - JOUR 
TI  - Decisiones de financiamiento en pymes: ¿existen diferencias en función del tamaño y la forma legal?
PB  - Universidad Icesi
PY  - 2016
issn 01235923
AB  - We examine whether there are distinctive features in small and medium enterprises according to their
size and legal form. Financing decisions in particular are studied, using pecking order, trade-off and life
cycle theories as our conceptual framework. Using a sample of companies from Bahía Blanca (Argentina),
we analyze the variables through nonparametric tests and tests of independence. The results show that
larger companies are more leveraged, while businesses that adopt limited liability legal forms differ
in their greater use of loans with collateral. These results point to the need to design support policies
specially targeted to the different business segments.
KW  - Producción intelectual registrada - Universidad Icesi
KW  - Legalización
KW  - Responsabilidad limitada
KW  - Decisiones
KW  - Financiamiento
KW  - Pequeña y mediana empresa
KW  - Financing decisions
KW  - Small and medium firms
UR  - http://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/2195
ER  -