Does capital structure influence the profitability of Ecuadorian communication companies?

被引：0
|
作者：
Higuerey Gomez, A. [1 ]
Armas Herrera, R. [1 ]
机构：
[1] Univ Tecn Particular Loja, Dept Ciencias Empresariales, Loja, Ecuador
来源：
PROCEEDINGS OF 2021 16TH IBERIAN CONFERENCE ON INFORMATION SYSTEMS AND TECHNOLOGIES (CISTI'2021) | 2021年
关键词：
Capital structure; communication enterprise; quantile regression; Ecuador; PERFORMANCE EMPIRICAL-EVIDENCE; FIRM; INVESTMENT;
D O I：
暂无
中图分类号：
TP [自动化技术、计算机技术];
学科分类号：
0812 ;
摘要：
The capital structure affects the profitability of the company. Financing decisions determine what type of resources entrepreneurs employ and the cost of these resources. The objective of this article is to determine how the capital structure is related to the profitability of Ecuadorian communication companies in the period 2014-2019. Through quantile regressions it is determined that the return on assets (ROA) is negatively affected by the capital structure, while in the case of shareholders' profitability (ROE) only in some quantiles the impact is positive, being in most quantiles not significant.
引用
收藏
页数：6
相关论文
共 50 条
  • [1] Does intellectual capital influence the risk of Ecuadorian communication companies?
    Herrera, Armas R.
    Gomez, Higuerey A.
    Quezada, Penarreta M. A.
    [J]. PROCEEDINGS OF 2021 16TH IBERIAN CONFERENCE ON INFORMATION SYSTEMS AND TECHNOLOGIES (CISTI'2021), 2021,
  • [2] Impacts of capital structure: profitability of construction companies in Ethiopia
    Agmas Wassie, Fekadu
    [J]. JOURNAL OF FINANCIAL MANAGEMENT OF PROPERTY AND CONSTRUCTION, 2020, 25 (03) : 371 - 386
  • [3] Capital Structure and Profitability. The Case of Companies Listed in Romania
    Ilie, Livia
    Vasiu, Diana
    [J]. STUDIES IN BUSINESS AND ECONOMICS, 2022, 17 (03) : 100 - 112
  • [4] Capital Structure and Profitability: Evidence from Mining Companies in Indonesia
    Endri, Endri
    Ridho, Apriyansyah Muhammad
    Marlapa, Eri
    Susanto, Heri
    [J]. MONTENEGRIN JOURNAL OF ECONOMICS, 2021, 17 (04) : 135 - 146
  • [5] How does working capital management affect the profitability of Indian companies?
    Altaf, Nufazil
    Shah, Farooq Ahmad
    [J]. JOURNAL OF ADVANCES IN MANAGEMENT RESEARCH, 2018, 15 (03) : 347 - 366
  • [6] An empirical study on profitability and capital structure of the agricultural listed companies
    [J]. Xiong, Yazhou (xiongyazhou@163.com), 2016, Science and Engineering Research Support Society (09):
  • [7] The Effect of Capital Structure on the Profitability of Pharmaceutical Companies The Case of Iran
    Mohammadzadeh, Mehdi
    Rahimi, Farimah
    Rahimi, Forough
    Aarabi, Seyed Mohammad
    Salamzadeh, Jamshid
    [J]. IRANIAN JOURNAL OF PHARMACEUTICAL RESEARCH, 2013, 12 (03): : 573 - 577
  • [8] Does Capital Structure Drive Profitability in the Energy Sector?
    Wieczorek-Kosmala, Monika
    Blach, Joanna
    Gorzen-Mitka, Iwona
    [J]. ENERGIES, 2021, 14 (16)
  • [9] Does intellectual capital matter? Assessing the profitability and marketability of IC design companies
    Mei-Huan Kuo
    Chyan Yang
    [J]. Quality & Quantity, 2012, 46 : 1865 - 1881
  • [10] Does intellectual capital matter? Assessing the profitability and marketability of IC design companies
    Kuo, Mei-Huan
    Yang, Chyan
    [J]. QUALITY & QUANTITY, 2012, 46 (06) : 1865 - 1881
12345