Multivariate analysis of productivity and financial performance of industrial enterprises in Cartagena, Colombia

This research paper presents the results of the evaluation of the indicators of productivity of companies certified in ISO: 9001 and their impact on the financial profit of the companies of Mamonal Industrial Zone in Cartagena. We measured the productivity reasons in order...

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Bibliographic Details
Main Authors: Gómez, José Morelos, Arrieta, Fabián Gazabón, Fernández, Roberto Enrique Gómez
Format: Online
Language:spa
Published: Universidad Pedagógica y Tecnológica de Colombia 2013
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Online Access:https://revistas.uptc.edu.co/index.php/cenes/article/view/2074
Description
Summary:This research paper presents the results of the evaluation of the indicators of productivity of companies certified in ISO: 9001 and their impact on the financial profit of the companies of Mamonal Industrial Zone in Cartagena. We measured the productivity reasons in order to analyze the impact of these on financial profits of this sector. In the methodological process, in the first instance, we calculated the productivity and financial indicators of the 25 companies certified in quality. Subsequently, we used the technique of multivariate data analysis, to explain the relevance and discrimination between groups of indicators of productivity and financial performance, resulting in the correlation between certified companies and increased productivity indices for 2006 to 2010, and their incidence in the financial profit, gross margin (GM) and operating margin (OM).