Examinando por Materia "Sector autopartes"

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    Determinantes del desempeño financiero de las empresas colombianas del sector de autopartes y accesorios
    (Universidad EAFIT, 2024) Burbano Buitrago, Andrea Catalina; Yepes Raigosa, David Alejandro
    The financial performance of companies is a key factor in their growth, as it ensures the sustainability of businesses and contributes to a country's economic development. This research focused on analyzing the impact of financial and macroeconomic factors on the financial performance measured by ROA and ROE of companies in the auto parts and accessories sector in Colombia, during the period 2015-2023. For this purpose, information from the Superintendencia de Sociedades de Colombia, the Central Bank, and DANE was used. The results obtained through OLS and GLS regression models revealed that external factors such as interest rates (Real, lending, spread), devaluation, and inflation have a negative impact on the financial performance of companies. In contrast, GDP showed a positive effect, suggesting that economic growth benefits companies in the automotive sector. Regarding internal factors, leverage had a significantly negative impact on financial performance. On the other hand, net margin and asset turnover demonstrated a positive effect.