Factors Associated with the Financial Performance of Commercial Firms in Ecuador

Tulcanaza-Prieto, Ana Belén; Lee, Younghwan

doi:10.38115/asgba.2018.15.5.1

Cited by 4 publications

(3 citation statements)

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“…Corporate performance evaluates organizational decisions' efficiency and effectiveness (Randhawa and Sethi, 2017). Performance measurement is considered the most critical factor in a company (Tulcanaza-Prieto & Lee, 2018;Rahim et al, 2023). Performance management describes an integrated process between organization managers, employees, customers, the firm's administration policies, corporate and functional objectives, and its strategies and goals (Tulcanaza-Prieto et al, 2022).…”

Section: Corporate Performancementioning

confidence: 99%

Corporate Social Responsibility and Corporate Performance Through Work Ethics and Affective Commitment: A Proposed Framework

Alantali,

Safei,

Husseini

2024

IJARBSS

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The key aim of the proposed study is to analyze the influence of corporate social responsibility (CSR) activities on corporate performance along with the mediating effect of affective commitment and the moderation effect of work ethics.Based on previous study, Existing research includes several studies on CSR and its effects on businesses; however, there is a lack of emphasis on the role of work ethics and affective commitment in the process. Methodologies of positivism have expressed different types of validity checks, such as construct validity, internal and external validity and statistical conclusion validity.In other words, the evidence presented should be able to be examined, as well as the process used, the research context, and to conclude that the claims made are reasonable. The results show that there is a positive and significant relationship between economic , social, environmental and philanthropic responsibilities, and corporate performance. Affective commitment mediates the relationship between CSR and corporate performance, also work ethics as a moderator. The research proposes a will contribute to companies' appropriate strategic decision-making for CSR activities by providing more precise information regarding the impacts of each directional CSR activity on corporate performance.The outcomes of this research are very fruitful in clarifying our understandings about the impact of corporate social responsibility (CSR) activities on corporate performance.

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Section: Corporate Performancementioning

confidence: 99%

Corporate Social Responsibility and Corporate Performance Through Work Ethics and Affective Commitment: A Proposed Framework

Alantali,

Safei,

Husseini

2024

IJARBSS

View full text Add to dashboard Cite

show abstract

“…Corporate performance evaluates organizational decisions' efficiency and effectiveness (Jones and Linderman 2014;Neely et al 2005;Randhawa and Sethi 2017). Performance measurement is considered the most critical factor in a company (Koufopoulos et al 2008;Tulcanaza-Prieto and Lee 2018). Performance management describes an integrated process between organization managers, employees, customers, the firm's administration policies, corporate and functional objectives, and its strategies and goals (Bititci et al 1997;Short et al 2007).…”

Section: Corporate Performancementioning

confidence: 99%

Organizational Culture and Corporate Performance in the Ecuadorian Environment

Tulcanaza-Prieto¹,

Aguilar-Rodríguez²,

Artieda³

2021

Administrative Sciences

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This study examines how organizational culture influences corporate performance in the Ecuadorian service sector. The study employs four organizational culture features and twelve concepts for corporate performance using a self-designed online questionnaire, which were supplied to postgraduate students from academic programs at Universidad de Las Americas (UDLA) in Quito, Ecuador. The respondents were working as managers or employees in small Ecuadorian service firms. The operational items of the questionnaire to measure organizational culture and corporate performance were designed using the Denison model. The findings reveal a statistically positive relationship between organizational culture and firm performance. Moreover, involvement, adaptability, consistency, and mission affect the non-financial performance of the Ecuadorian service sector. Involvement is the critical determinant of the influence of organizational culture on corporate performance, while training shows the strongest association with organizational culture. This study provides a perspective on long-term organizational strategies, vision, and performance. Future research should include the characteristics of the studied firms to increase the effectiveness of the proposed model.

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“…A global economic concentration involves hierarchical capitalism, which studies the relationship between the firm's development, labor market, and capital markets (Schneider 2013). In Latin America, this type of capitalism is predominant, in part due to the fragmentation of labor markets and deficiencies in the educational systems, but also due to the reduced qualification of the workforce, which mitigates the investment in research and development (Tulcanaza-Prieto and Lee 2018).…”

Section: The Establishment and Control Of The Ecuadorian Economic Concentrationmentioning

confidence: 99%

The Evolution and Takeoff of the Ecuadorian Economic Groups

Tulcanaza-Prieto

Morocho-Cayamcela

2021

Economies

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An economic group is a collection of parent and subsidiary corporations that operates as a single economic organism under the same legislature of control. The decisions taken by the economic groups in any country are among the most influential factors that impact its market and the country’s economic political scenario. This work studies the impact of the Ecuadorian economic groups from 2015 to 2019, where a historical peak of 300 economic groups was reached. However, the taxes representativeness of the Ecuadorian economic groups remained stable during the same period of analysis. We analyzed the financial and fiscal variables of the Ecuadorian ranking of firms, and detected the following of its economic groups: (i) They are still concentrating wealth despite the implementation of hard government policies to transparent the financial and economic information; (ii) They tend to compete in oligopolistic markets, given that their economic and financial decisions are interconnected with their family firms or consortium groups; (iii) They operate in a behavioral nature that follows a linear association between the total income, total assets, total equity, and total tax collection. We hope this work will serve as a future reference for researchers focused on the economic groups of Ecuador and Latin American countries.

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Factors Associated with the Financial Performance of Commercial Firms in Ecuador

Cited by 4 publications

References 0 publications

Corporate Social Responsibility and Corporate Performance Through Work Ethics and Affective Commitment: A Proposed Framework

Corporate Social Responsibility and Corporate Performance Through Work Ethics and Affective Commitment: A Proposed Framework

Organizational Culture and Corporate Performance in the Ecuadorian Environment

The Evolution and Takeoff of the Ecuadorian Economic Groups

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