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...
Autores: | , |
---|---|
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 |
id |
UUPP_cdbe1b4d2b1bafda9d1bfcaad9da88a6 |
---|---|
oai_identifier_str |
oai:repositorio.up.edu.pe:11354/4137 |
network_acronym_str |
UUPP |
network_name_str |
UP-Institucional |
repository_id_str |
3191 |
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 |
dc.type.none.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.version.none.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
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 |
dc.relation.none.fl_str_mv |
https://revistas.up.edu.pe/index.php/business/article/view/1315/1696 |
dc.relation.ispartof.es_PE.fl_str_mv |
https://doi.org/10.21678/2078-9424 |
dc.rights.none.fl_str_mv |
info:eu-repo/semantics/openAccess |
dc.rights.uri.none.fl_str_mv |
http://creativecommons.org/licenses/by/4.0/deed.es |
eu_rights_str_mv |
openAccess |
rights_invalid_str_mv |
http://creativecommons.org/licenses/by/4.0/deed.es |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.es_PE.fl_str_mv |
Universidad del Pacífico. Facultad de Ciencias Empresariales |
dc.publisher.country.none.fl_str_mv |
PE |
dc.source.none.fl_str_mv |
reponame:UP-Institucional instname:Universidad del Pacífico instacron:UP |
instname_str |
Universidad del Pacífico |
instacron_str |
UP |
institution |
UP |
reponame_str |
UP-Institucional |
collection |
UP-Institucional |
bitstream.url.fl_str_mv |
https://repositorio.up.edu.pe/backend/api/core/bitstreams/b3fdddfe-303b-4c2f-b60e-74e1337113fd/content https://repositorio.up.edu.pe/backend/api/core/bitstreams/a271bc7c-7dc6-4976-abd0-18feb5140b7a/content https://repositorio.up.edu.pe/backend/api/core/bitstreams/94aeb049-2047-4ec0-8bd1-000f767f3989/content https://repositorio.up.edu.pe/backend/api/core/bitstreams/7b625884-7c43-4830-a47c-b4344a37173b/content |
bitstream.checksum.fl_str_mv |
137ff6fa3904d908f68ed0192287785b ff28a15b31d8b36d045b61ef83195dd0 8a4605be74aa9ea9d79846c1fba20a33 b8af0084f79f1a7fd8f5e37a025c4f3f |
bitstream.checksumAlgorithm.fl_str_mv |
MD5 MD5 MD5 MD5 |
repository.name.fl_str_mv |
Repositorio Institucional de la Universidad del Pacífico |
repository.mail.fl_str_mv |
repositorio@up.edu.pe |
_version_ |
1843706307596517376 |
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. Facultad de Ciencias EmpresarialesPEhttps://revistas.up.edu.pe/index.php/business/article/view/1315/1696https://doi.org/10.21678/2078-9424info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by/4.0/deed.esPequeñas y medianas empresas--Colombia--BogotáIndustria textil--Colombia--BogotáApalancamiento financiero--Colombia--BogotáCrecimiento empresarial--Colombia--Bogotáhttps://purl.org/pe-repo/ocde/ford#5.02.04Financial leverage and value creation by textile manufacturing SMEs in the city of Bogotáinfo:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionreponame:UP-Institucionalinstname:Universidad del Pacíficoinstacron:UPORIGINAL4137.html4137.htmltext/html164https://repositorio.up.edu.pe/backend/api/core/bitstreams/b3fdddfe-303b-4c2f-b60e-74e1337113fd/content137ff6fa3904d908f68ed0192287785bMD51CC-LICENSElicense_rdflicense_rdfapplication/rdf+xml; charset=utf-8914https://repositorio.up.edu.pe/backend/api/core/bitstreams/a271bc7c-7dc6-4976-abd0-18feb5140b7a/contentff28a15b31d8b36d045b61ef83195dd0MD52LICENSElicense.txtlicense.txttext/plain; charset=utf-81748https://repositorio.up.edu.pe/backend/api/core/bitstreams/94aeb049-2047-4ec0-8bd1-000f767f3989/content8a4605be74aa9ea9d79846c1fba20a33MD53TEXT4137.html.txt4137.html.txtExtracted texttext/plain2https://repositorio.up.edu.pe/backend/api/core/bitstreams/7b625884-7c43-4830-a47c-b4344a37173b/contentb8af0084f79f1a7fd8f5e37a025c4f3fMD5511354/4137oai:repositorio.up.edu.pe:11354/41372025-03-27 16:57:54.498http://creativecommons.org/licenses/by/4.0/deed.esinfo:eu-repo/semantics/openAccessopen.accesshttps://repositorio.up.edu.peRepositorio Institucional de la Universidad del Pacíficorepositorio@up.edu.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 |
score |
13.27617 |
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).