Examinando por Materia "Utilidad neta"

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    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