Use of derivative financial instruments and profitability of non-financial companies of Lima’s Stock Exchange
Descripción del Articulo
Objective: To establish the relation between the use of derivative financial instruments and the profitability of non-financial companies in Lima’s Stock Exchange (LSE). Method: The research was quantitative in nature with a non-experimental design and transversal of correlational type. By using inf...
| Autor: | |
|---|---|
| Formato: | artículo |
| Fecha de Publicación: | 2022 |
| Institución: | Universidad Nacional Mayor de San Marcos |
| Repositorio: | Revistas - Universidad Nacional Mayor de San Marcos |
| Lenguaje: | español |
| OAI Identifier: | oai:ojs.csi.unmsm:article/22923 |
| Enlace del recurso: | https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/22923 |
| Nivel de acceso: | acceso abierto |
| Materia: | derivados cobertura rentabilidad ecuaciones estructurales Bolsa de Valores derivatives hedging profitability structural equations Stock Exchange |
| id |
REVUNMSM_7e8054f8c7ac80021e85674c18709ed3 |
|---|---|
| oai_identifier_str |
oai:ojs.csi.unmsm:article/22923 |
| network_acronym_str |
REVUNMSM |
| network_name_str |
Revistas - Universidad Nacional Mayor de San Marcos |
| repository_id_str |
|
| spelling |
Use of derivative financial instruments and profitability of non-financial companies of Lima’s Stock ExchangeUso de instrumentos financieros derivados y rentabilidad de empresas no financieras de la Bolsa de Valores de LimaDominguez Soto, Leenin KrenlinDominguez Soto, Leenin Krenlinderivadoscoberturarentabilidadecuaciones estructuralesBolsa de Valoresderivativeshedgingprofitabilitystructural equationsStock ExchangeObjective: To establish the relation between the use of derivative financial instruments and the profitability of non-financial companies in Lima’s Stock Exchange (LSE). Method: The research was quantitative in nature with a non-experimental design and transversal of correlational type. By using information from 149 non-financial companies, the model of structural structures was applied in order to know the relation between the variables. Results: It is evident that the financial instruments derived from interest rate, exchange rate and price have a low positive relations with the profitability of the non-financial companies of the LSE. Conclusion: Although there is a positive relation between the use of derivative financial instruments and the profitability of non-financial companies on the LSE, it is not significant, which may be due to the small number of companies that used financial instruments.Objetivo: Establecer la relación que tiene el uso de los instrumentos financieros derivados y la rentabilidad de las empresas no financieras de la Bolsa de Valores de Lima (BVL). Método: La investigación fue de índole cuantitativa con un diseño no experimental y transversal de tipo correlacional. Con información de 149 empresas no financieras, se aplicó el modelo de ecuaciones estructurales con la finalidad de conocer la relación entre las variables. Resultados: Se evidencia que los instrumentos financieros derivados de intereses, tipo de cambio y precio tienen una relación positiva baja con la rentabilidad de las empresas no financieras de la BVL. Conclusión: Si bien existe una relación positiva entre el uso de instrumentos financieros derivados y la rentabilidad de las empresas no financieras de la BVL, esta no es significativa, y la relación puede deberse al bajo número de empresas que emplean los derivados financieros.Universidad Nacional Mayor de San Marcos, Facultad de Ciencias Contables2022-12-29info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdftext/htmlhttps://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/2292310.15381/quipu.v30i64.22923Quipukamayoc; Vol. 30 Núm. 64 (2022); 23-31Quipukamayoc; Vol. 30 No. 64 (2022); 23-311609-81961560-9103reponame:Revistas - Universidad Nacional Mayor de San Marcosinstname:Universidad Nacional Mayor de San Marcosinstacron:UNMSMspahttps://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/22923/19018https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/22923/19444Derechos de autor 2022 Leenin Krenlin Dominguez Sotohttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessoai:ojs.csi.unmsm:article/229232023-04-25T17:44:42Z |
| dc.title.none.fl_str_mv |
Use of derivative financial instruments and profitability of non-financial companies of Lima’s Stock Exchange Uso de instrumentos financieros derivados y rentabilidad de empresas no financieras de la Bolsa de Valores de Lima |
| title |
Use of derivative financial instruments and profitability of non-financial companies of Lima’s Stock Exchange |
| spellingShingle |
Use of derivative financial instruments and profitability of non-financial companies of Lima’s Stock Exchange Dominguez Soto, Leenin Krenlin derivados cobertura rentabilidad ecuaciones estructurales Bolsa de Valores derivatives hedging profitability structural equations Stock Exchange |
| title_short |
Use of derivative financial instruments and profitability of non-financial companies of Lima’s Stock Exchange |
| title_full |
Use of derivative financial instruments and profitability of non-financial companies of Lima’s Stock Exchange |
| title_fullStr |
Use of derivative financial instruments and profitability of non-financial companies of Lima’s Stock Exchange |
| title_full_unstemmed |
Use of derivative financial instruments and profitability of non-financial companies of Lima’s Stock Exchange |
| title_sort |
Use of derivative financial instruments and profitability of non-financial companies of Lima’s Stock Exchange |
| dc.creator.none.fl_str_mv |
Dominguez Soto, Leenin Krenlin Dominguez Soto, Leenin Krenlin |
| author |
Dominguez Soto, Leenin Krenlin |
| author_facet |
Dominguez Soto, Leenin Krenlin |
| author_role |
author |
| dc.subject.none.fl_str_mv |
derivados cobertura rentabilidad ecuaciones estructurales Bolsa de Valores derivatives hedging profitability structural equations Stock Exchange |
| topic |
derivados cobertura rentabilidad ecuaciones estructurales Bolsa de Valores derivatives hedging profitability structural equations Stock Exchange |
| description |
Objective: To establish the relation between the use of derivative financial instruments and the profitability of non-financial companies in Lima’s Stock Exchange (LSE). Method: The research was quantitative in nature with a non-experimental design and transversal of correlational type. By using information from 149 non-financial companies, the model of structural structures was applied in order to know the relation between the variables. Results: It is evident that the financial instruments derived from interest rate, exchange rate and price have a low positive relations with the profitability of the non-financial companies of the LSE. Conclusion: Although there is a positive relation between the use of derivative financial instruments and the profitability of non-financial companies on the LSE, it is not significant, which may be due to the small number of companies that used financial instruments. |
| publishDate |
2022 |
| dc.date.none.fl_str_mv |
2022-12-29 |
| dc.type.none.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
| format |
article |
| status_str |
publishedVersion |
| dc.identifier.none.fl_str_mv |
https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/22923 10.15381/quipu.v30i64.22923 |
| url |
https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/22923 |
| identifier_str_mv |
10.15381/quipu.v30i64.22923 |
| dc.language.none.fl_str_mv |
spa |
| language |
spa |
| dc.relation.none.fl_str_mv |
https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/22923/19018 https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/22923/19444 |
| dc.rights.none.fl_str_mv |
Derechos de autor 2022 Leenin Krenlin Dominguez Soto http://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
| rights_invalid_str_mv |
Derechos de autor 2022 Leenin Krenlin Dominguez Soto http://creativecommons.org/licenses/by/4.0 |
| eu_rights_str_mv |
openAccess |
| dc.format.none.fl_str_mv |
application/pdf text/html |
| dc.publisher.none.fl_str_mv |
Universidad Nacional Mayor de San Marcos, Facultad de Ciencias Contables |
| publisher.none.fl_str_mv |
Universidad Nacional Mayor de San Marcos, Facultad de Ciencias Contables |
| dc.source.none.fl_str_mv |
Quipukamayoc; Vol. 30 Núm. 64 (2022); 23-31 Quipukamayoc; Vol. 30 No. 64 (2022); 23-31 1609-8196 1560-9103 reponame:Revistas - Universidad Nacional Mayor de San Marcos instname:Universidad Nacional Mayor de San Marcos instacron:UNMSM |
| instname_str |
Universidad Nacional Mayor de San Marcos |
| instacron_str |
UNMSM |
| institution |
UNMSM |
| reponame_str |
Revistas - Universidad Nacional Mayor de San Marcos |
| collection |
Revistas - Universidad Nacional Mayor de San Marcos |
| repository.name.fl_str_mv |
|
| repository.mail.fl_str_mv |
|
| _version_ |
1795238278945832960 |
| score |
13.754011 |
Nota importante:
La información contenida en este registro es de entera responsabilidad de la institución que gestiona el repositorio institucional donde esta contenido este documento o set de datos. El CONCYTEC no se hace responsable por los contenidos (publicaciones y/o datos) accesibles a través del Repositorio Nacional Digital de Ciencia, Tecnología e Innovación de Acceso Abierto (ALICIA).
La información contenida en este registro es de entera responsabilidad de la institución que gestiona el repositorio institucional donde esta contenido este documento o set de datos. El CONCYTEC no se hace responsable por los contenidos (publicaciones y/o datos) accesibles a través del Repositorio Nacional Digital de Ciencia, Tecnología e Innovación de Acceso Abierto (ALICIA).
