Factores determinantes en la estructura financiera y el endeudamiento del sector de fabricación de vehículos automotores del Ecuador en el período 2015- 2019

Currently, the study of finance is essential for decision-making in the business field, since it tries to explain phenomena that lead to improving company processes by providing key information to solve possible problems. The main objective of this research project is to relate the factors mentioned in the theories to the indebtedness of the automotive vehicle manufacturing sector in Ecuador. For this, in the first instance, a documentary analysis was carried out to pose the determinants of the financial structure through the compilation of research and the approach of two fundamental theoretical branches: Trade Off and Pecking order that try to explain the behavior of debt in companies, resulting in size, asset structure, economic profitability, ability to generate resources, and growth. As a second point, we proceeded to collect quantitative data and analyze the sector, both in terms of the level of debt and exposing interest figures. Finally, to assess the relationship, a fixed panel data model was used