Determinantes de la rentabilidad de las Pymes ecuatorianas: provincia Guayas, sectores C332, C141 y C107, periodo 2023

Abstract

Abstract: SMEs worldwide contribute significantly to each nation's GDP. This research aims to analyze the determinants of profitability of Ecuadorian SMEs: Guayas province, sectors C332, C141, and C107, period 2023. The study is relevant because it examines the relationship between the dependent variables (liquidity and debt) and control variables (size and age) with ROA and ROE indicators, used to measure the profitability of SMEs in the aforementioned manufacturing sectors. A descriptive methodology with a non-experimental quantitative approach is applied, as the behavior of variables is described and observed in their natural environment. The data obtained for calculating the indicators comes from SuperCias, providing security and validity to the results obtained. Once the bibliographic review of research articles was conducted, along with the developed data matrices, the data was processed by applying the multiple regression statistical model using Excel for calculations. The result was a significant and inversely proportional relationship between debt and age and profitability, and a non-significant relationship with size.