Factor analysis to evaluate the financial performance of the construction industry in an emerging market: The case of colombia
Fecha
2018-01-01
Autores
Judith V.
Maribel S.
Título de la revista
ISSN de la revista
Título del volumen
Editor
Universidad Pablo de Olavide
Resumen
Factor analysis is a method used to reduce several variables into fewer dimensions called factors. This study conducts factor analysis on financial ratios of the construction companies in Colombia in the period 2000@@@@2014. According to that, the purpose of the study is to use the factorial analysis technique to determine whether the nancial ratios are related to a smaller number of unobservable factors and eliminate redundancy among them. The results show that it is possible to explain 88.753% of the variance with 13 financial ratios grouped into three factors. © 2019, Universidad Pablo de Olavide.