A Comparison of Economic Performance Between ISO 9001 Certified and Non-ISO 9001 Certified Food Manufacturing Companies

• Autores: Aravena Andrade, Amanda Victoria, Vega Oliveros, Tamara
• Formato: artículo
• Fecha de Publicación: 2023
• Institución: Universidad Nacional Mayor de San Marcos
• Repositorio: Revistas - Universidad Nacional Mayor de San Marcos
• Lenguaje: español; inglés
• OAI Identifier: oai:ojs.csi.unmsm:article/23604
• Enlace del recurso: https://revistasinvestigacion.unmsm.edu.pe/index.php/idata/article/view/23604
• Nivel de acceso: acceso abierto
• Materia: ISO 9001; financial performance; Lima Stock Exchange; international quality certification; financial results; desempeño económico; Bolsa de Valores de Lima; certificación internacional de calidad; resultados financieros

Only a small group of companies in Peru are certified to the ISO 9001 International Quality Standard, and it is uncertain whether this standard contributes to their financial performance. As a result, the objective of this study was to compare the financial performance of food manufacturing companies certified to ISO 9001 with those that are not. The non-parametric Mann-Whitney U test for median comparison was applied, since the data analyzed did not follow a normal distribution. It was found that there is no statistically significant difference between the financial results of the two groups; however, referring specifically to the asset turnover indicator, companies that have adopted the guidelines of the International Quality Standard, on average, convert their assets into cash more frequently.