Incidencia del uso de los instrumentos financieros en la rentabilidad de las empresas del cantón Milagro de la provincia de Guayas en el periodo 2017- 2021.

Abstract

Abstract: The financial instruments used in the companies of the Milagro Canton represent a fundamental factor in its economic performance, therefore, the present work of research was developed with the objective of analyzing the use of financial instruments in the profitability of companies in this canton for the period between 2017- 2021, this study was based on a descriptive non-experimental qualitative design. The population was made up of 112 companies, from which information was extracted through of the Superintendency of Securities and Insurance Companies, this allowed the respective analysis of the use of financial instruments and their influence on profitability through the calculation of ROA and ROE. The results obtained demonstrated that the financial instruments of companies have a weak influence on the profitability of companies companies, however, when carrying out this analysis by economic sectors, it is evident that Some items have a medium or even high correlation with the profitability of the companies. companies, this has allowed them to finance activities related to the line of business business.