Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotá

Descripción del Articulo

Given that the initial purpose of any company is to grow and last, external financing is considered, by definition, as a means to achieve short and long-term objectives. However, the input of these resources is often used to cover deficit situations, which does not always improve their results or le...

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Detalles Bibliográficos
Autores: Ducón Salas, Julio Cesar, Cely Torres, Andrea
Formato: artículo
Fecha de Publicación:2023
Institución:Universidad del Pacífico
Repositorio:UP-Institucional
Lenguaje:inglés
OAI Identifier:oai:repositorio.up.edu.pe:11354/4137
Enlace del recurso:https://hdl.handle.net/11354/4137
https://doi.org/10.21678/jb.2023.1315
Nivel de acceso:acceso abierto
Materia:Pequeñas y medianas empresas--Colombia--Bogotá
Industria textil--Colombia--Bogotá
Apalancamiento financiero--Colombia--Bogotá
Crecimiento empresarial--Colombia--Bogotá
https://purl.org/pe-repo/ocde/ford#5.02.04
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dc.title.es_PE.fl_str_mv Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotá
title Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotá
spellingShingle Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotá
Ducón Salas, Julio Cesar
Pequeñas y medianas empresas--Colombia--Bogotá
Industria textil--Colombia--Bogotá
Apalancamiento financiero--Colombia--Bogotá
Crecimiento empresarial--Colombia--Bogotá
https://purl.org/pe-repo/ocde/ford#5.02.04
title_short Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotá
title_full Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotá
title_fullStr Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotá
title_full_unstemmed Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotá
title_sort Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotá
author Ducón Salas, Julio Cesar
author_facet Ducón Salas, Julio Cesar
Cely Torres, Andrea
author_role author
author2 Cely Torres, Andrea
author2_role author
dc.contributor.author.fl_str_mv Ducón Salas, Julio Cesar
Cely Torres, Andrea
dc.subject.es_PE.fl_str_mv Pequeñas y medianas empresas--Colombia--Bogotá
Industria textil--Colombia--Bogotá
Apalancamiento financiero--Colombia--Bogotá
Crecimiento empresarial--Colombia--Bogotá
topic Pequeñas y medianas empresas--Colombia--Bogotá
Industria textil--Colombia--Bogotá
Apalancamiento financiero--Colombia--Bogotá
Crecimiento empresarial--Colombia--Bogotá
https://purl.org/pe-repo/ocde/ford#5.02.04
dc.subject.ocde.none.fl_str_mv https://purl.org/pe-repo/ocde/ford#5.02.04
description Given that the initial purpose of any company is to grow and last, external financing is considered, by definition, as a means to achieve short and long-term objectives. However, the input of these resources is often used to cover deficit situations, which does not always improve their results or lead to the objectives that have been established. In this sense, the article presents an analysis of the financial leverage of five textile manufacturing companies and their relationship with a group of risk indicators. Furthermore, this relationship was characterized by a group of financial and operational drivers. Said analysis was carried out with a quantitative approach based on the financial statements of these companies, which were the raw material to prepare the aforementioned study. The research process concluded that leverage, contrary to what was expected in the selected sample, was more related to negative results than to capital growth, an aspect that is corroborated with the characterization by means of financial and operational inductors.
publishDate 2023
dc.date.accessioned.none.fl_str_mv 2024-01-22T15:15:50Z
dc.date.available.none.fl_str_mv 2024-01-22T15:15:50Z
dc.date.issued.fl_str_mv 2023
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dc.identifier.uri.none.fl_str_mv https://hdl.handle.net/11354/4137
dc.identifier.citation.es_PE.fl_str_mv Ducón Salas, J., & Cely Torres, L. (2023). Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotá. Journal of Business, 15(1), 23-45. https://doi.org/10.21678/jb.2023.1315
dc.identifier.doi.none.fl_str_mv https://doi.org/10.21678/jb.2023.1315
url https://hdl.handle.net/11354/4137
https://doi.org/10.21678/jb.2023.1315
identifier_str_mv Ducón Salas, J., & Cely Torres, L. (2023). Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotá. Journal of Business, 15(1), 23-45. https://doi.org/10.21678/jb.2023.1315
dc.language.iso.none.fl_str_mv eng
language eng
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dc.publisher.es_PE.fl_str_mv Universidad del Pacífico. Facultad de Ciencias Empresariales
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spelling Ducón Salas, Julio CesarCely Torres, Andrea2024-01-22T15:15:50Z2024-01-22T15:15:50Z2023https://hdl.handle.net/11354/4137Ducón Salas, J., & Cely Torres, L. (2023). Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotá. Journal of Business, 15(1), 23-45. https://doi.org/10.21678/jb.2023.1315https://doi.org/10.21678/jb.2023.1315Given that the initial purpose of any company is to grow and last, external financing is considered, by definition, as a means to achieve short and long-term objectives. However, the input of these resources is often used to cover deficit situations, which does not always improve their results or lead to the objectives that have been established. In this sense, the article presents an analysis of the financial leverage of five textile manufacturing companies and their relationship with a group of risk indicators. Furthermore, this relationship was characterized by a group of financial and operational drivers. Said analysis was carried out with a quantitative approach based on the financial statements of these companies, which were the raw material to prepare the aforementioned study. The research process concluded that leverage, contrary to what was expected in the selected sample, was more related to negative results than to capital growth, an aspect that is corroborated with the characterization by means of financial and operational inductors.application/pdfengUniversidad del Pacífico. 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