Abstract

BECERRA PALACIOS, Edgar R.; ROJAS LUNA, Rosa V.; ARPI CHICAIZA, Jessica G.  and  SANCHEZ JIMENEZ, Kevin W.. Business characteristics and their influence on the financing decision during the Covid-19 pandemic: Evidence from companies in Ecuador. Revista Economía y Política [online]. 2024, n.39, pp.21-40.  Epub Jan 30, 2024. ISSN 2477-9075.  https://doi.org/10.25097/rep.n39.2024.02.

Financing is relevant to deal with business crises, even more after the COVID-19 pandemic, therefore, the objective of the study is to determine the influence of the characteristics of the companies and the managers of the organizations registered in the Chamber of Commerce and Industry of Azogues on the decision of additional financing during the health crisis, for this a questionnaire was applied to 135 partners. Using Spearman's correlation and binary logistic regression, it is evident that the characteristics of the companies (economic sector, legal structure, experience, number of workers, paralysis of activities and capital structure) partially influence the decision of additional financing, given that only the capital structure has a positively significant relationship with the treatment variable, while the characteristics of the manager (age, sex, level of education and years of experience) have no influence.

Keywords : Financing; COVID-19; business characteristics; manager characteristics.

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