Assessment of the impact of the BASC certification on companies liquidity and profitability in Barranquilla - Colombia

This paper presents the results obtained throughout the development of the project, about the assessment of the impact of the BASC certification on companies’ liquidity and profitability in Barranquilla. This study addresses a detailed description about the evaluation of organizational systems, the ...

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Detalles Bibliográficos
Autores principales: Fontalvo-Herrera, Tomás, Morelos-Gómez, José
Formato: Revistas
Lenguaje:Español
Publicado: Universidad de Cartagena 2014
Acceso en línea:https://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/view/1359
Descripción
Sumario:This paper presents the results obtained throughout the development of the project, about the assessment of the impact of the BASC certification on companies’ liquidity and profitability in Barranquilla. This study addresses a detailed description about the evaluation of organizational systems, the BASC certification, the indicators of liquidity and profitability, the criteria we used to carry out our study in companies in Barranquilla and the implementation of the discriminant analysis technique through a qualitative, quantitative, descriptive and purposeful perspective. According to the discriminant function and the analyzed statistics, we can conclude that the BASC certification, in the discriminant function, has positive impacts on financial indicators such as Net Capital (NC) and Operating Income.