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Cristián Andrés Echeverri Castaño
Javier Esteban Escobar Ortega
Capital structure, Chemical Industry, Leverage
This research aimed to find the determinants of the capital structure of Colombian companies in the chemical sector. For that, annual data was taken from 233 firms in the period ranging from 2009 to 2018, which allowed to build an unbalanced panel with 1980 observations. The results showed that profitability, growth, size, and liquidity are decisive in the decision of capital structure of firms in the chemical sector in Colombia.
Judith Vergara Garavito, Universidad EAFIT
Judith Vergara Garavito. Ph.D. Profesora.
Coordinadora Maestría en Administración
Financiera. Departamento de Finanzas.
Escuela de Economía y Finanzas. Universidad
Cristián Andrés Echeverri Castaño, Financial lider at Aquaterra SAS
Economista, Magíster en Administración Financiera. Líder Financiero en Aquaterra SAS.
Javier Esteban Escobar Ortega, Bancolombia–Panama Group
Ingeniero industrial. Magíster en Administración Financiera. Gerente del área de analítica de negocio en Banistmo empresa del Grupo Bancolombia–Panamá.
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