Abstract

MEDINA GIACOMOZZI, Alex; GALLEGOS MUNOZ, Cecilia; SEPULVEDA LABRA, Evelyn  and  ROJAS CARIDI, Sebastián. Relation between corporate growth strategies and financing strategies in economic groups in Chile. Cuad. Adm. [online]. 2010, vol.23, n.41, pp.143-161. ISSN 0120-3592.

The aim of every economic activity that companies and, in particular, economic groups carry out is to satisfy market needs, seeking to increase economic value; therefore, their decisions regarding growth strategies and financing strategies are essential. Focusing their interest in economic groups, the authors analyze what market growth and financing decisions those groups use as fundamental strategies for their corporate development. The methodology considered the total number of economic groups registered in the Chilean Superintendence of Securities and Insurance and, using a simple random sample, a representative sample of 42 groups was obtained. According to the results, a significant number of the groups employ a concentrated portfolio strategy and a conservative financing strategy. In future research the authors expect to advance further in the effect of such strategies on economic group yield and profitability.

Keywords : Concentration; diversification; conglomerate; corporate portfolio; geared financing; conservative financing.

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