Modelos de negocio y la gestión del capital de trabajo en comercializadoras de automotores

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Publicado: jul. 9, 2023
DOI: https://doi.org/10.54753/rve.v11i2.1851
Palabras clave:
Capital de trabajo, Modelo de negocio, Ciclo del efectivo

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Nikola Petrovic
Pontificia Universidad Católica del Ecuador, Facultad de Ciencias Administrativas y Contables
José Cagigal-García
Pontificia Universidad Católica del Ecuador, Facultad de Ciencias Administrativas y Contables
Priscila Hermida
Pontificia Universidad Católica del Ecuador, Facultad de Ciencias Administrativas y Contables

Resumen

El modelo de negocio implica la selección de varios tipos de actividades claves que se reflejan en los estados financieros de las empresas, incidiendo en los indicadores de la gestión de capital de trabajo. El presente estudio tiene como objetivo examinar la relación entre diferentes modelos de negocio y la gestión de capital de trabajo en empresas del sector automotriz del Ecuador que cubren alrededor de 50% de ventas durante el periodo 2012-2021. Para este propósito se identificaron cuatro modelos de negocio dentro del sector. Utilizando los estados financieros obtenidos del portal de la Superintendencia de Compañías, Valores y Seguros, se compararon cinco medidas de la gestión del capital de trabajo entre ellos con base en la estadística univariante y regresiones multivariantes. .Los resultados muestran que los periodos de inventarios, cuentas por cobrar, cuentas por pagar, ciclo operativo y ciclo del efectivo son sustancialmente más largos para las empresas comercializadoras de automotores en el mercado secundario comparando con empresas vinculadas a ensambladoras locales. El estudio aporta a la literatura mostrando que el modelo de negocio, aún para empresas de la misma actividad económica, es un determinante diferencial de los indicadores de eficiencia en la gestión del capital de trabajo

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Petrovic, N., Cagigal-García, J., & Hermida, P. (2023). Modelos de negocio y la gestión del capital de trabajo en comercializadoras de automotores. Revista Económica, 11(2), 70–84. https://doi.org/10.54753/rve.v11i2.1851
Número
Vol. 11 Núm. 2 (2023): RVE vol 11 (Julio-Diciembre 2023)
Sección
ARTÍCULOS DE INVESTIGACIÓN
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