Estrutura de capital: um estudo nas organizações que compõem a cadeia produtiva do agronegócio de Dourados/MS

Abstract

The current study attempted to answer the questions about the capital structure of the current rural properties and businesses that serves the agribusiness support for Dourados/MS. At synthesis, the focuses of the study are organizations before, during and after the gate. With the need for investment companies must decide about his future in the financial market, while minimizing your costs to increase your revenue and profitability. The objective was to identify the capital structure of corporations and rural properties that are part of Douradense agribusiness, reviewing the theory of capital structure in companies and developing of field research to collect data and identify the proportion of equity capital in the companies and debt capital. After the theoretical review occurs, was taken a selection of companies registered with the Board of Trade of the State of Mato Grosso do Sul and or trade association Dourados/MS. And then, with the data analysis, we sought to understand the reasons for possible differences in the use of the information or not capital structure by firms and rural properties. The basis of the study were guided in numerous activities of organizations such as your age on the market; number of employees; the legal constitution; size; percentage of sales; default level; credit policy; operating expenses. The results showed a lack of knowledge about companies in that branch of productive agribusiness chain are inserted and the lack of research on cash flow projections, changes in interest rates over time and how to operate without turning inventories. The marketing area is underdeveloped and banks are major sources raising of funds.