Economic Efficiency of Latin American Technology Companies According to Their Capital Structure
| Autor: | Tarcísio Pedro da Silva, Michele Gonçalves, Maurício Leite |
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| Jazyk: | Spanish; Castilian |
| Rok vydání: | 2016 |
| Předmět: | |
| Zdroj: | Contabilidad y Negocios: Revista del Departamento Académico de Ciencias Administrativas, Vol 11, Iss 21, Pp 45-67 (2016) |
| Druh dokumentu: | article |
| ISSN: | 1992-1896 2221-724X |
| DOI: | 10.18800/contabilidad.201601.003 |
| Popis: | The objective of this study is to analyze the economic efficiency of Latin American technology companies according to their capital structure. Therefore, we carried out a descriptive study, using documentary and quantitative evidence. The sample included Latin American companies in the technology sector in Thomson’s® database, from 2009 to 2013. The evidence shows that Brazilian companies had higher debt levels from 2009 to 2013. So, it seems that Brazilian companies use more third-party capital to finance their assets. Regarding the economic efficiency measured by an efficiency score obtained by the DEA,® according to capital structure, debt ratio and profitability, Brazilian companies have a lower economic efficiency compared to other Latin American companies. |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
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