Endeudamiento y Rentabilidad: un estudio en el ranking de las 10 mejores empresas del Ecuador durante la última década.

Business development plays a key role in society as a driving force for job creation and economic stability for families, contributing to an increase in people's purchasing power. This research was conducted with the objective of analyzing the relationship between debt and profitability in the ranking of the 10 largest companies in Ecuador. The methodology used in this study followed a quantitative approach, starting with a descriptive analysis of the variables, followed by a correlational and explanatory approach. Econometric techniques were applied, using the multiple linear regression model to assess the impact of long-term (LT) and short term (ST) debt on business profitability. Additionally, control variables such as participation in the stock market and geographical location in the provinces of Pichincha and Guayas were included to estimate profitability based on assets and capital. The study covered the period from 2014 to 2023, using data extracted from the statistical portal of the Superintendency of Companies, Securities, and Insurance. The results showed that companies strategically manage their short- and long-term debt, thereby optimizing their financial structure. It was observed that most companies maintain a balance in their profitability. Furthermore, the study found that business profitability is positively influenced by the level of debt, indicating that companies operate strategically. Finally, the econometric models confirmed that a higher level of debt is associated with an increase in profitability, supported by statistically significant results.

• Main Author: Sarango Sarango, Abigail Carmen (author)
• Format: bachelorThesis
• Language: spa
• Published: 2025
• Subjects: FINANZAS; ENDEUDAMIENTO; RANKING; ECUADOR
• Online Access: https://dspace.unl.edu.ec/jspui/handle/123456789/32194