Relaciones entre los flujos de efectivo de las empresas de Caldas y el crecimiento económico regional para el sector industrial durante el período de 2002 a 2010
Loading...
Date
2013-09-26
Journal Title
Journal ISSN
Volume Title
Publisher
Corporación Universitaria Lasallista
Abstract
Introduction. This article analyzes the cash flows
of companies from Caldas in their operation structures,
their financing and their investments and their
relationship with the regional economic environment
during 2002 and 2010 is determined. Objective. To
establish the relationship that exists between the
cash flows of companies from the industrial sector
in Caldas that reported financial states to the Superintendencia
de Sociedades between 2002 and
2010 and the behavior of the economic context in
the region during the same period. Materials and
methods. This research work has a documentary,
descriptive-correlational character, due to the fact that, in the process, the cash flows of the operation,
the financing and the investments were to be identified
and correlated with the different macroeconomic
variables that can affect them, such as GDP and
unemployment in Caldas, the interest rates, DTF
(the Colombian deposit interest rate) and IGBC (the
Colombian stock market index) in Colombia, identifying,
year by year, the reductions or the increases
the cash flows may have, and their relationship with
the behavior of the economy in the same periods.
Results. In the cash flow analysis for the industrial
sector, it can be confirmed that the net cash flows
appear in a positive way, and therefore it can be said
that cash flows generated liquid resources for the
industrial sector. This is also confirmed due to two
situations: The total cash flow was influenced by the
operative cash flow and, simultaneously, the total
cash flow received a positive contribution from the financing
flow. It can be concluded, then, that the total
cash flow in the companies from the industrial sector
generated its liquidity through these two flows. Conclusion.
This research work allows affirming that the
industrial sector in Caldas, between 2002 and 2010,
generated resources through its operative flow, and
that it is the liquidity source for such companies.
Description
Keywords
Corporación Universitaria Lasallista, Contabilidad, Macroeconomía, Flujos de efectivo, Economía - Investigaciones, Economía regional, Economía - Antioquia