Disponibilidad y obtención del crédito de las PYME: evidencia del mercado peruano

• Autores: Roberto Elías Montero Flores
• Directores de la Tesis: Ferrán Vendrell Herrero (dir. tes.), Esteban M. Lafuente González (dir. tes.)
• Lectura: En la Universitat Politècnica de Catalunya (UPC) ( España ) en 2015
• Idioma: español
• Tribunal Calificador de la Tesis: Gustavo Guerrero Vásquez (presid.), José María Sallán Leyes (secret.), Rosario del Pilar Villalta Riega (voc.)
• Materias:
  • Ciencias económicas
• Enlaces
  • Tesis en acceso abierto en: TDX
• Resumen

  • The objective of the present investigation is to analyze two important issues that contribute in great measure to the economic growing of the country, as is the growing and permanence of the SMEs, framed in the access to credit. These issues are the disponibility that have some peruvian financial institutions and their propensity to get it. The academic literature revision shows that in some occasions the enterprises prefer to stay operating with own resources, or look for a foreign debt source, leaving to the end the new capital income, because this can contribute to the loss of enterprise control, as well as his permanence as such. The literature is limited from the point of view of the financial institutions because the most of this studies are make since the point of view of the SMEs, so in this investigation we will center in the empiric evidence obtained from the peruvian market, principally gotten from these financial institutions that are supervised by the regulator entity of the government Superintendencia de Banca, Seguros y Administradoras de Fondo de Pensiones (SBS) to give an approximation of the strategies that this financial institutions apply at the moment to give credit to the SMEs. Moreover, since the point of view of the SMEs has been analyzed, using empiric evidence, the factors that contributes to this kind of businesses to obtain credit from the financial institutions. From an important way focused in the fact of the SMEs permanency and subsistence and how this factor is important to the development of the country. For this aspect we search literature that allows us to know about different theories that refer to the credits awarded to the SMEs such as the Theory of the capital structure, the Theory of the hierarchical selection, the Theory of static equilibrium and the Theory of the asymmetry of the information. These theories let us to structure a theoretical model, the same that has been contrasted with the hypothesis in order to obtain our conclusions that are show in this investigation. Finally, uniting both aspects indicated previously we could find conclusions about the strategies that the financial institutions apply to the availability of SMEs credits and, moreover, those factors that make possible that these enterprises can obtain credit for their development and their permanence in the peruvian market.