Determinantes de la rentabilidad de las Pymes ecuatorianas: provincia Pichincha, sector M711, periodo 2023

Abstract

Abstract: This research paper analyzes the determinants of profitability of Ecuadorian SMEs in the M711 sector dedicated to architecture and engineering activities located in the province of Pichincha, using information reported to the Superintendency of Securities and Insurance Companies for the year 2023. The study begins by characterizing SMEs (Small and Medium-sized Enterprises) in the country, analyzing company classification and using the regression function to study certain variables to identify their impact on profitability. Company profitability is a crucial factor for a company's stability in the market and its future prospects. The objective is to analyze the relationship between independent and control financial variables and ROE and ROA. A descriptive methodology with a quantitative approach is presented, applied to a database of 254 companies considered SMEs. The results indicate that the size and debt variables are significant to a certain degree for ROE and ROA. These findings provide important information for decision-making in this type of company.