The Financial Structure and its Impact on Financial -Economic Results in Cuban Companies

The financial structure refers to the way a company finances its assets through a combination of equity, debtor hybrid securities. Financial decisions are important in business management, on which heavily rely the viability and rentability of business. Hence the need for managers to know and analyz...

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Main Authors: María Esperanza González-del-Foyo, René Abdón Basantes-Avalos, Jenny Lilián Basantes-Avalos, Ernesto Marcelo Bonilla-Torres
Format: Article
Language:English
Published: Ediciones UO 2016-06-01
Series:Anuario Facultad de Ciencias Económicas y Empresariales
Subjects:
Online Access:http://revistas.uo.edu.cu/index.php/aeco/article/view/1342
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author María Esperanza González-del-Foyo
René Abdón Basantes-Avalos
Jenny Lilián Basantes-Avalos
Ernesto Marcelo Bonilla-Torres
author_facet María Esperanza González-del-Foyo
René Abdón Basantes-Avalos
Jenny Lilián Basantes-Avalos
Ernesto Marcelo Bonilla-Torres
author_sort María Esperanza González-del-Foyo
collection DOAJ
description The financial structure refers to the way a company finances its assets through a combination of equity, debtor hybrid securities. Financial decisions are important in business management, on which heavily rely the viability and rentability of business. Hence the need for managers to know and analyze the financing structure in order to evaluate the impact on its results from the point of view of risk, cost and performance. In the article the main theories of financial structure are based, and the different approaches for its study. Considerations are made on this issue in the Cuban economy, and techniques are applied to evaluate the impact of financing in the form of risk and performance against the company on the “Cecilio Sanchez Valiente” in Santiago de Cuba.
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spelling doaj.art-28b4951e108247ffb2a5a127466582da2022-12-22T01:19:46ZengEdiciones UOAnuario Facultad de Ciencias Económicas y Empresariales2218-36392016-06-0110911091213The Financial Structure and its Impact on Financial -Economic Results in Cuban CompaniesMaría Esperanza González-del-Foyo0René Abdón Basantes-Avalos1Jenny Lilián Basantes-Avalos2Ernesto Marcelo Bonilla-Torres3Universidad de OrienteUniversidad de OrienteUniversidad Nacional de ChimborazoEscuela Superior Politécnica de ChimborazoThe financial structure refers to the way a company finances its assets through a combination of equity, debtor hybrid securities. Financial decisions are important in business management, on which heavily rely the viability and rentability of business. Hence the need for managers to know and analyze the financing structure in order to evaluate the impact on its results from the point of view of risk, cost and performance. In the article the main theories of financial structure are based, and the different approaches for its study. Considerations are made on this issue in the Cuban economy, and techniques are applied to evaluate the impact of financing in the form of risk and performance against the company on the “Cecilio Sanchez Valiente” in Santiago de Cuba.http://revistas.uo.edu.cu/index.php/aeco/article/view/1342estructura financierafinanciamientoriesgo y rentabilidad financiera.
spellingShingle María Esperanza González-del-Foyo
René Abdón Basantes-Avalos
Jenny Lilián Basantes-Avalos
Ernesto Marcelo Bonilla-Torres
The Financial Structure and its Impact on Financial -Economic Results in Cuban Companies
Anuario Facultad de Ciencias Económicas y Empresariales
estructura financiera
financiamiento
riesgo y rentabilidad financiera.
title The Financial Structure and its Impact on Financial -Economic Results in Cuban Companies
title_full The Financial Structure and its Impact on Financial -Economic Results in Cuban Companies
title_fullStr The Financial Structure and its Impact on Financial -Economic Results in Cuban Companies
title_full_unstemmed The Financial Structure and its Impact on Financial -Economic Results in Cuban Companies
title_short The Financial Structure and its Impact on Financial -Economic Results in Cuban Companies
title_sort financial structure and its impact on financial economic results in cuban companies
topic estructura financiera
financiamiento
riesgo y rentabilidad financiera.
url http://revistas.uo.edu.cu/index.php/aeco/article/view/1342
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