Analisys of financial performance by regions of Colombia: 2009-2012: an approach of territorial competitiveness evaluation

The aim of this paper is to present the financial performance evaluation of business by region in Colombia for the period 2009-2012, from the comprehensive financial analysis, with a focus from territorial competitiveness. Financial information reported to the Superintendencia de Sociedades was used...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsmän: Castaño Ríos, Carlos Eduardo, Arias Pérez, José Enrique
Materialtyp: Online
Språk:spa
eng
Publicerad: Universidad Pedagógica y Tecnológica de Colombia 2014
Ämnen:
Länkar:https://revistas.uptc.edu.co/index.php/cenes/article/view/3107
Beskrivning
Sammanfattning:The aim of this paper is to present the financial performance evaluation of business by region in Colombia for the period 2009-2012, from the comprehensive financial analysis, with a focus from territorial competitiveness. Financial information reported to the Superintendencia de Sociedades was used, which was classified into five major regions of the country. It was found that the Amazon region has difficulty obtaining long-term financing, the highest EBITDA and increased cash generation capability found in the Andean region, and finally, the Caribbean has the highest operational cycle and lower profitability, affecting its competitiveness