This paper proposes the use of the Cash Flow from Operations (CFO) obtained from Cash Flow Statement (CFS) as a factor with significant impact on the financial structure of the Spanish firms in a period (2008-2012) that was characterized by dificulties in business finance. In the previous...

This paper aims to carry out a preliminary analysis of the arbitrage pricing theory in Argentine capital market, with special emphasis on inflation as a variable of interest for an emerging country, an underdeveloped financial market, and a period under analysis with inflationary trends and...

Increasing attention is paid to risk management under the recent regulatory frameworks of the insurance and financial sectors. It is required by the regulator that institutions have a capital to face potential losses from their activity. This capital is usually assessed by means of risk...

This research approach the financial results of the year 2017 of 2,622 companies of a capital city from Latin America with these the financial indicators of Capital structure and Net profit margin are calculated. The main objective is to determine whether there is a direct and significant...

The importance of micro-entities due to their generation of employment and propelling economic activity, together with the fact of their particularities, implies the need to design appropriate methods that anticipate their bankruptcies. For that purpose, a hybrid model by combining parametric...

The aim of this article is to summarize exhaustively and concisely, the different methodologies for estimating the volatility that has been proposed for the real options approach (ROA), and also provide a theoretical and practical explanation for estimating an unbiased volatility and...

Increasing attention is paid to risk management under the recent regulatory frameworks of the insurance and financial sectors. It is required by the regulator that institutions have a capital to face potential losses from their activity. This capital is usually assessed by means of risk...

La financiación de la innovación se ha caracterizado por ser un campo fragmentado donde coexisten múltiples teorías, cada una enfocada en uno o en unos pocos aspectos de la financiación a la vez. El presente artículo busca identificar las variables financieras que más influyen y su efecto...

La presente investigación aborda los resultados financieros del año 2017 de 1.900 empresas de una ciudad capital de América Latina, con los que se calculan los indicadores financieros de estructura de capital y margen de utilidad neta. Se plantea como objetivo central determinar si existe o...

The purpose of this study is to determine a system of indicators to assess the quality of corporate governance of Honduran banks. To achieve it, the importance attributed by bank supervisors and supervised bankers to the dimensions and indicators of Corporate Governance (CG) was deepened....