Examinando por Materia "FINANZAS CORPORATIVAS"

Mostrando 1 - 20 de 94
  • No hay miniatura disponible
    Publicación
    Alcatraz : plataforma digital de soporte financiero para pymes colombianas del sector de comercio
    (Universidad EAFIT, 2024) Escobar González, Juan Camilo; Castro Cataño, Juan Sebastián; Tobón Restrepo, Diego Alexander
    A digital platform for financial technical support will be structured for Colombian micro, small, and medium enterprises (MSME) in the commerce sector. This platform will generate financial indicators of value for the company -through calculations using data given from the company- such as the EBITDA margin, ROIC, EVA, internal growth rate and sustainable growth rate, aiming to assist entrepreneurs in making structured decisions. Ultimately, the platform is expected to aid in the accounting formalization of businesses, facilitating access to credit products that promote long-term financial sustainability and inclusion in formal financial products, as well as enhancing their financial management, all delivered by a digital format.
  • No hay miniatura disponible
    Ítem
    Análisis comparativo para el desarrollo de proyectos hidroeléctricos en Colombia : Project Finance versus ejecución dentro de balance
    (Universidad EAFIT, 2022) Zapata Campuzano, Pablo; Paredes Zambrano, Guillermo Alfredo
    The construction of hydroelectric plants in Colombia has traditionally been carried out by established players in the electric sector that use their assets as collateral to finance new projects. However, given the high risk that hydroelectric projects present, investors are evaluating alternative mechanisms such as Project Finance. This document studies, from a financial perspective, the main differences, advantages, and disadvantages of developing a hydroelectric project within a company balance sheet and under Project Finance in Colombia. A simplified financial modeling of the two schemes is also presented in the study, finding that projects executed within the balance sheet generate a higher rate of return for the investor. The study also concludes that incentives, such as Law 1715, for the development of renewable energy projects are more effective if the projects are executed within the balance sheet of the company.
  • No hay miniatura disponible
    Publicación
    Análisis de escisión en una empresa con 3 líneas de negocio en diferentes sectores económicos
    (Universidad EAFIT, 2024) Aguirre Valencia, Jessica Edith; Carabali Arango, Luis Carlos; Tamara Ayus, Armando Lenin
  • No hay miniatura disponible
    Ítem
    Análisis de la estructura financiera del grupo empresarial COLOMBINA S.A. período 2014-2015
    (Universidad EAFIT, 2017) Echavarría Barona, Fredy Hugo; Patiño Revelo, Héctor Arley; Sánchez Collazos, Héctor
    In the next paper, it has been made an analytisc of financial statements of Corporate Group Colombina S.A taking the base years 2014 & 2015, which has been published in management reports to the shareholders meeting of the years 2015-2016 -- This information allows a diagnosis of the current financial situation and financial structure of Colombina S.A. which is focused on the financial sources to determine if the structure creates or destroys Colombia S.A. -- To be able to determine the situation it has been made a vertical and horizontal analytic to the statement of financial position up to 31st of December of the years 2014 & 2015, as well as the profit and loss paper of the same period, calculating basic Financial ratios of liquidity, efficiency and indebtedness to determine if the current financial structure of Corporate Group Colombina S.A. is in line with the objective
  • No hay miniatura disponible
    Ítem
    Análisis de la relación entre las variables macroeconómicas y el pago de dividendos de las compañías en Latinoamérica : estudio de caso para Colombia, México, Brasil, Chile y Perú
    (Universidad EAFIT, 2022) Velásquez Botero, Miguel; Gaitán Riaño, Sandra Constanza
    This study presents an analysis of the relationship between macroeconomic variables and the dividend payment of Latin American companies. For this purpose, a sample of public companies from 5 countries in the region (Colombia, México, Brazil, Chile and Peru) was used for the period 1995-2021, through information extracted from the Refinitiv database, and for macroeconomic variables information extracted from the World Bank was used. In order to achieve the objective of analyzing this potential relationship, a panel data model with a Feasible Generalized Least Squares (FGLS) estimation was developed. As a result, a positive relationship with GDP was observed, as in all countries, but only significant in Brazil, Chile and Peru. In addition, there is a negative relationship with inflation and tax rate. However, this negative relationship is not observed in the same way in all countries analyzed and in most of them it lacks statistical significance. On the other hand, an analysis of the behavior of dividends in economic crisis is presented. Finally, it is concluded that despite the fact that in all countries there is an effect of macroeconomic variables (GDP (+) and Inflation (-)) on dividends, there is a heterogeneous effect depending on the country of analysis and on the characteristics of each firm.
  • No hay miniatura disponible
    Ítem
    Análisis de los elementos que tiene en cuenta la empresa Operadora de Transporte del Otún S. A. S. para medir el retorno de sus inversiones sin tener definido la estructura del costo de capital
    (Universidad EAFIT, 2018) Vargas Pérez, Nathalia; León Piza, Angie; Orozco Echeverry, César Augusto
    In order to study the elements that a company takes into account to assess the return on its investments without having defined the cost structure of capital, this study will analyze between the ways actual measurement is done and how it should be, by giving to the company Operadora del Otún S.A.S. a model with financial bases that allows it to calculate the cost structure of its capital incorporating changes in the environment and the internal structure of the company -- To achieve this objective, mixed research methodology will be applied, conducting interviews and surveys in the company Operadora del Otún S.A.S. and comparing the qualitative findings with the technical financial calculation -- It is expected that the proposed model will be applicable in the company and have use for decision making, to the extent that the information collected and provided by the shareholders and other participants is real and true -- Likewise, it is important to clarify that the result of the model will not be of general application in all entities, since specific characteristics of the current situation of the company under study are taken into account, and although in general terms they may be similar to others -- The impact of the financial strategy and its corporate management may alter the final result of the model
  • No hay miniatura disponible
    Ítem
  • No hay miniatura disponible
    Ítem
  • No hay miniatura disponible
    Ítem
    Análisis financiero de las empresas de vigilancia sin armas en Colombia confrontado con la empresa Centinela de Occidente LTDA.
    (Universidad EAFIT, 2017) Mañunga Durán, Jairo Hernán; Sánchez Collazos, Héctor
    Una de las principales dificultades que evidencian las empresas de vigilancia en Colombia es la falta de análisis de la información financiera, dicha información aparece contemplada en los estados financieros, y su manejo de manera adecuada permite tomar decisiones acertadas de corto, mediano y largo plazo; referente a las actividades de inversión, financiación y pago de dividendos -- En este sentido, el propósito de este trabajo es realizar un estudio general de los principales indicadores del sector, presentar un análisis financiero de las empresas de vigilancia sin armas en Colombia y confrontar esta información con la empresa Centinela Occidente Ltda., para los periodos comprendidos entre los años 2011 al 2015, con el fin de sugerir posibles mejoras para esta organización -- En Colombia, la prestación de servicios de vigilancia y seguridad privada están regulados por la Superintendencia de Vigilancia y Seguridad Privada (Supervigilancia), entidad vinculada al Ministerio de Defensa Nacional; estos servicios están reglamentados principalmente por el Decreto-Ley 356 de 1994, Estatuto de Vigilancia y Seguridad Privada, los decretos 4950 de 2007 y 1989 de 2008
  • No hay miniatura disponible
    Ítem
    Análisis financiero y de estructuración de capital para un proyecto inmobiliario en Pereira
    (Universidad EAFIT, 2024) Vargas Restrepo, Maryluz; Cano Calvo, Laura Elena; Valderrama Tobón, Sebastián
  • No hay miniatura disponible
    Ítem
    Análisis financiero y estratégico de la liquidación según la Ley 1116 para la empresa Bionergy
    (Universidad EAFIT, 2024) Rentería Gutiérrez, Juliana Stephanie; Zapata González, María Gisela; Tamara Ayus, Armando Lenin
  • No hay miniatura disponible
    Ítem
    El apalancamiento financiero como determinante de la productividad de las firmas: Un estudio para América Latina (2002-2010)
    (Universidad EAFIT, 2018) Jaramillo Rúa, Jhon Jairo; Velásquez Rodríguez, Edgar Luvín; Saavedra Caballero, Fabiola
    The determination of debt levels in a company allows greater dynamism in the usage of resources and greater functionality in the development of the operation if it is carried to operational cycles -- However, such leverage is usually considered an aggressive strategy that contains a significant level of risk in the coverage of debt service, which may affect firms' productivity approaches -- Within the present study, financial leverage is analyzed using econometric techniques.as a determinant of the productivity of Latin American firms during the period 2002-2010 -- For this analysis, instrumental variables are used and the results suggest that financial leverage has a negative impact on firms' productivity, since an increase in one unit in leverage levels causes on average a 5% drop in productivity
  • No hay miniatura disponible
    Ítem
    Apalancamiento financiero y su impacto en una empresa del sector textil y de la confección en Colombia
    (Universidad EAFIT, 2022) Restrepo Cadavid, Santiago; Durango Gutiérrez, María Patricia
  • No hay miniatura disponible
    Ítem
    Asegurando la sostenibilidad financiera : implementación de buenas prácticas de gobierno al interior de Jardín Exotics
    (Universidad EAFIT, 2024) Polanía Marín, Santiago; Téllez Falla, Diego Fernando
    This work addresses the implementation of corporate governance in Jardín Exotics, an avocado and gulupa export company that has six shareholder. The implementation must be carried out considering the particularities of the agricultural sector and addressing key aspects such as transparency, accountability, generational changes, roles and responsibilities of the shareholders, promoting sustainability, operational and financial efficiency, the latter aimed at the financial sustainability of the company through increasingly competitive and profitable sales prices in Europe. The study seeks to strengthen strategic decision making and improve the management of the company's management positions through group interviews, analysis of cases that occurred in the past and application of expert theories that can be applicable to the company and that allow for correct implementation of corporate governance.
  • No hay miniatura disponible
    Ítem
    Aspectos que una empresa debe tener en cuenta para incursionar en el mercado de valores
    (Universidad EAFIT, 2018) Muñoz Jaramillo, Jhon Alexander; Villa Tabarquino, Jorge Mario; Restrepo Laverde, José Valentín Antonio
    Corporate finance involves an infinite number of concepts that need to be studied by financial administrators for appropriate decision making -- Corporate finance comprises a number of concepts that must be studied thoroughly by financial managers for proper decision making -- One of them corresponds to the composition of the financial structure, a matter that will always be discussed from many angles -- This time it will be addressed from the stock issuance variable, as one of the options that must be taken into account to optimize the results of the debt-equity combination, in order to generate value for companies -- The process will be carried out through an exploratory-descriptive research, with the study of two specific cases of companies located in Manizales and the municipality of Tocancipá, department of Cundinamarca -- The intention is to obtain an analysis so that companies in general identify the most relevant characteristics that must be taken into account when envisaging the possibility of participating in the stock market, and generate comparison tools for researchers who wish to delve into this issue
  • No hay miniatura disponible
    Ítem
    Caso grupo EPM - sostenibilidad financiera
    (Universidad EAFIT, 2023) Quiceno Upegui, Tatiana; Rivera Duque, Fausto; Gaitán Riaño, Sandra Constanza
    Empresas Públicas de Medellín E. S. P. (EPM) is a State industrial company in which the municipality of Medellín has a 100% stake. In turn, as the owner or majority shareholder of different national and international companies, it consolidates its financial information with the corporate name Grupo EPM. Within the scope of its strategic growth, EPM signed a framework agreement in 2007 to define its relations with the municipality of Medellín under regulatory criteria, and in the same year created the code of good governance, which extended to its subsidiaries to transmit confidence to investors and lenders; likewise, since 2009, EPM has issued international bonds. Therefore, the signing of multilateral agreements, national and international loans and the issuance of national and international bonds forces it to comply with covenants. Taking into account the participation of the State in the group´s decisions and that this is an important source of income for government plans, this case study addresses the financial sustainability of the company by analyzing the financial statements from the perspective of the CFA Institute and the estimation of the probability of bankruptcy or insolvency using the Ohlson and the Z-score models. In addition, to understand not only the company´s history but also its possible permanence in the long term, qualitative variables such as corporate governance, debt ratings and relevant information provided by the group to Superintendencia Financiera de Colombia are taken into account.
  • No hay miniatura disponible
    Ítem
    El CFO como impulsor y patrocinador de los asuntos ASG en la compañía
    (Universidad EAFIT, 2022) Windmueller Palacio, Ivonne; González-Pérez, María Alejandra
  • No hay miniatura disponible
    Ítem
    Cobertura con derivados forward para mitigar el riesgo cambiario en la importación de telas : un estudio en el sector textil colombiano
    (Universidad EAFIT, 2024) Díez Rendón, Camilo; Cardona Llano, Juan Felipe
    This study assessed the impact of using forward delivery contracts as a hedging strategy to mitigate exchange rate risk in the textile imports of Mattelsa SAS, a company based in Medellín (Colombia). Through a backtesting analysis based on the company’s financial data from 2022 to 2024, the implementation of forward hedging was simulated, comparing the potential results of covering imports against not going so. Representative exchange rates (TRM) and local and foreign interest rates were used to estimate the potential cost or benefit of the forward hedging strategy. The results indicate that in years of high currency volatility such as 2022, the forward hedging could have significantly reduced the company´s exchange rate losses, improving financial outcomes. However, during periods of currency appreciation, such as in 2023, the forward contacts might have resulted in additional cost instead of proving protection. Despite these mixed results, forward delivery contracts remain a suitable alternative for importing companies as they allow for the locking in of exchange rates, offering financial stability in scenarios of devaluation. The study concludes that a flexible hedging strategy, adapted to shifting market conditions, is essential to maximize the benefits and minimize risks, making forward delivery a valuable tool in exchange rate risk for Mattelsa SAS.
  • No hay miniatura disponible
    Ítem
    Crecimiento de línea de negocio, por medio de la implementación de economía de escala y economía de alcance en la empresa JCL INTER S.A.S.
    (Universidad EAFIT, 2023) Ronderos Arias, Leonardo; Durango Gutiérrez, María Patricia
  • No hay miniatura disponible
    Ítem
    ¿Cuál es el mejor instrumento de financiación para la compañía Contacto Textil S.A.S. que garantice la supervivencia de la compañía en el tiempo?
    (Universidad EAFIT, 2024) Gómez Gómez, Luis Diego; Vargas Echeverry, Manuela; Correa Lafaurie, Luisa Fernanda