La gestión del capital intelectual y el desempeño financiero en la banca privada ecuatoriana, 2019 -2020

Abstract

Abstract: The objective of this research is to determine the impact of Intellectual Capital (IC) on the financial and economic performance of Ecuadorian private banking. The data of the 24 private banks in Ecuador were acquired from the Superintendence of Banks and Insurance of Ecuador, for the period 2019-2020. The methodology is based on linear panel regressions, whose dependent variables are the ROE and ROA, while as independent variables we have the VAICTM with its respective components, as well as control variables such as the size of the bank and the level of indebtedness. The results showed that the VAICTM value is volatile over time; Regarding the application of the model, we have that CI significantly influences the financial and economic performance of the 24 private banks in Ecuador. In this sense, if the VAICTM increases the ROE, it also rules out the same as the ROA. These findings suggest that, in times of crisis, the development of companies is influenced by human capital more than by their structural capital, which is why companies should focus their efforts on improving their intellectual capital through strategies that allow them to be more competitive.