TY - JOUR TI - Complementariedad de las inversiones a largo plazo y de capital de trabajo ante oportunidades de negocios y consideraciones de liquidez en países latinoamericanos PB - Universidad Icesi PY - 2015 issn 01235923 AB - The objective of the study is the analysis of the relation between long term investment and investment in working capital, using the generalized least squares method for panel data with error correction for heteroscedasticity, and panel specific autocorrelation. From the above, it is found that investment in long-term assets in publicly traded companies from 7 major Latin American countries is preceded by increases in working capital, which strengthens the hypothesis that this occurs in response to improved business opportunities. This relationship is statistically significant in general and in companies that have high or medium, but not low leverage. KW - Producción intelectual registrada - Universidad Icesi KW - Administración financiera KW - Latinoamérica KW - Inversión KW - Short term KW - Investment KW - Financial management UR - http://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/2126 ER -