Financial Performance Assessment of the Regions in Colombia for the Year 2009

Authors

  • Carlos Eduardo Castaño Rios University of Antioquia
  • Leidy Tatiana Vanegas Rodas University of Antioquia
  • Freddy Ospina Palacio University of Antioquia

DOI:

https://doi.org/10.17533/udea.rc.14698

Keywords:

Comprehensive Financial Analysi, Analysis by Region, Financial Indicators, Financial Statement Analysis

Abstract

this research article presents the results of the corporate financial performance assessment
by regions for the period 2009, using for that purpose the comprehensive financial analysis. 24.674
companies that reported financial information to the Superintendency of Corporations of Colombia
were taken into account and classified according to their location in the country in the Andean,
Caribbean, Pacific, Amazon, and Orinoquía regions. Hence it was possible to establish the great
influence that the Andean, Caribbean, and Pacific regions have in the country, and the need to
revise the possibilities of investment in regions such as the Amazon and Orinoquía which show good
profitability at the aggregate level.
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References

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Correa, J. A., Moscoso, J. y Jaramillo, F. (2006). Modelo Integral de los Flujos de Fondos a los Flujos de Caja libre y a las decisiones financieras. III Simposio Nacional de Docentes de Finanzas (pp. 1-34). Bogotá.

Fierro, Á. M. (2007). Diagnóstico Financiero Empresarial: Un Enfoque para el Análisis Financiero Integral. Bogotá: Ecoe Ediciones.

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Tascón, M. T. y Amor, B. (2007). La distinción entre operativo y financiero como base para el análisis contable: la aportación de Penman. Contaduría Universidad de Antioquia, 51, 131-158.

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Published

2013-03-01

How to Cite

Castaño Rios, C. E., Vanegas Rodas, L. T., & Ospina Palacio, F. (2013). Financial Performance Assessment of the Regions in Colombia for the Year 2009. Contaduría Universidad De Antioquia, (56), 157–181. https://doi.org/10.17533/udea.rc.14698

Issue

No. 56 (2010)

Section

Artículos

License

Author’s copyright of the articles is transferred to the University of Antioquia to have abstracts and full texts available in databases that disseminate each issue’s contents. However, the authors may disseminate their work published in the Journal through their personal pages and institutional repositories.

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