Incidencia del uso de los instrumentos financieros en la rentabilidad de las empresas del cantón Babahoyo de la provincia de Los Ríos en el periodo 2017- 2021

Abstract

Abstract: This work entitled Incidence of the use of financial instruments on the profitability of The companies in the Babahoyo canton of the province of Los Ríos in the period 2017-2021 developed with the objective of knowing if there is any relationship between the use of instruments financial in these companies and profitability, for this the behavior of the accounting accounts that make up the financial instruments. From the companies registered in the database of the Superintendency of Companies, Securities and Insurance, that reflected economic movements in financial assets and liabilities. The The methodology used was non-experimental, the comparative results were carried out by economic sectors, by size of the company, by years of existence of the company in the market and by type of legal constitution, with companies in sector F (construction of civil and road works), followed by companies in economic sector C, (Industries manufacturing), economic sector A, (agriculture, livestock, forestry and fishing, sector economic G, (Wholesale and retail trade; repair of motor vehicles and motorcycles) and economic sector Q (Human health care activities and social assistance). The ROE and ROA were also extracted, concluding that the correlations are below -0.05, indicating a weak relationship between financial instruments, (ROA) and (ROE)