dc.creator | Larsen, Melisa | |
dc.creator | Vigier, Hernán Pedro | |
dc.creator | Guercio, M. Belén | |
dc.creator | Briozzo, Anahí E. | |
dc.date.accessioned | 2023-02-20T21:51:08Z | |
dc.date.available | 2023-02-20T21:51:08Z | |
dc.date.issued | 2014-06-19 | |
dc.identifier.citation | Larsen, M., Vigier, H. P., Guercio, M. B., Briozzo, A. E. (2014). Financing through negotiable obligations. The problema of being SMEs. Visión de Futuro, Revista Científica. Posadas (Misiones): UNaM. FCE. APP; 18(2), 154-169. | es_AR |
dc.identifier.issn | 1668-8708 (Versión online) | |
dc.identifier.other | VF-244 | |
dc.identifier.uri | https://hdl.handle.net/20.500.12219/4632 | |
dc.description | Fil: Larsen, Melisa. Universidad Provincial del Sudoeste. Facultad de Micro, Pequeña y Mediana Empresa; Argentina. | es_AR |
dc.description | Fil: Vigier, Hernán Pedro. Comisión de Inv. Científicas de la Pcia. de Buenos Aires. Centro de Emprendedorismo y desarrollo territorial sustentable; Argentina. | |
dc.description | Fil: Guercio, M. Belén. Consejo Nacional de Investigaciones Científicas y Técnicas. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina. | |
dc.description | Fil: Briozzo, Anahí E. Consejo Nacional de Investigaciones Científicas y Técnicas. Departamento de Ciencias de la Administración; Argentina. | |
dc.description | Fil: Briozzo, Anahí E. Universidad Nacional del Sur; Argentina. | |
dc.description.abstract | The issue costs faced by Small and Medium Enterprises (SMEs) to access funding in the Argentine capital market through negotiable obligations (ONs) has been analyzed. To do this, we make a simulation of transaction costs and signaling for different amounts of debt, and employment of signals by Mutual Guarantee Societies and Rating Agencies (RA).
The results indicate that the smaller the amount of the issue, the greater the relative cost faced by SMEs. Another issue to note is the important role of transaction costs, more specifically of professional fees, in relation to the total cost; this incidence increase is evaluated as higher amount emissions. | es_AR |
dc.format | application/pdf | |
dc.format.extent | 143 KB | |
dc.language.iso | eng | es_AR |
dc.publisher | Universidad Nacional de Misiones. Facultad de Ciencias Económicas. Programa de Posgrado en Administración | es_AR |
dc.relation | info:eu-repo/semantics/altIdentifier/urn/https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/677/606 | |
dc.rights | info:eu-repo/semantics/openAccess | |
dc.subject | SMEs financing | es_AR |
dc.subject | Negotiable obligations | es_AR |
dc.subject | Issue costs | es_AR |
dc.title | Financing through negotiable obligations. The problema of being SMEs | en |
dc.type | info:eu-repo/semantics/article | |
dc.type | info:ar-repo/semantics/artículo | |
dc.type | info:eu-repo/semantics/publishedVersion | |