Measurement of efficiency in the construction industry and its relationship with working capital

Fil: Córdova, León José Fernando. Universidad del Azuay. Facultad de Diseño. Escuela de Arquitectura; Ecuador.

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Detalles Bibliográficos
Autores principales: Córdova, León José Fernando, Alberto, Catalina Lucía
Otros Autores: https://orcid.org/0000-0001-9000-8388
Formato: publishedVersion article
Lenguaje:Inglés
Publicado: 2023
Materias:
Data envelopment analysis
Working capital
Construction
Efficiency
Financial índices
Acceso en línea:http://hdl.handle.net/11086/546256
Aporte de:
Repositorio Digital Universitario (UNC) de Universidad Nacional de Córdoba
id I10-R141-11086-546256
record_format dspace
spelling I10-R141-11086-5462562024-07-05T15:52:27Z Measurement of efficiency in the construction industry and its relationship with working capital Córdova, León José Fernando Alberto, Catalina Lucía https://orcid.org/0000-0001-9000-8388 Data envelopment analysis Working capital Construction Efficiency Financial índices info:eu-repo/semantics/publishedVersion Fil: Córdova, León José Fernando. Universidad del Azuay. Facultad de Diseño. Escuela de Arquitectura; Ecuador. Fil: Alberto, Catalina Lucía. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina. Fil: Alberto, Catalina Lucía. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Centro de Investigaciones en Ciencias Económicas; Argentina. This investigation seeks to determine the relationship between working capital as a financial measure and the efficiency level of construction companies. The study sample is intentional, with 58 participating companies, from which the financial information was obtained in a time horizon of four years (2011-2014). In the first stage efficiency was assessed using Data Envelopment Analysis (DEA), and in the second stage Tobit regression model was applied in order to identify the relationship between the variables. Efficiency levels evaluated show a reduction in the average efficiency in the construction sector for the years 2012 and 2013, and the regression results do highlight a positive link between efficiency and working capital for all years, which indicates that a common financial strategy based on reducing working capital does not lead to an increase in the efficiency level of construction firms. This research can benefit not only Ecuadorian construction companies, but others who wish to improve their competitive advantage based on their financial information. info:eu-repo/semantics/publishedVersion Fil: Córdova, León José Fernando. Universidad del Azuay. Facultad de Diseño. Escuela de Arquitectura; Ecuador. Fil: Alberto, Catalina Lucía. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina. Fil: Alberto, Catalina Lucía. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Centro de Investigaciones en Ciencias Económicas; Argentina. Organización Industrial 2023-02-23T22:03:53Z 2023-02-23T22:03:53Z 2018 article 0718-5073 http://hdl.handle.net/11086/546256 eng https://www.ricuc.cl/index.php/ric/article/view/700 Reconocimiento 4.0 Internacional. http://creativecommons.org/licenses/by/4.0/ Electrónico y/o Digital
institution Universidad Nacional de Córdoba
institution_str I-10
repository_str R-141
collection Repositorio Digital Universitario (UNC)
language Inglés
topic Data envelopment analysis
Working capital
Construction
Efficiency
Financial índices
spellingShingle Data envelopment analysis
Working capital
Construction
Efficiency
Financial índices
Córdova, León José Fernando
Alberto, Catalina Lucía
Measurement of efficiency in the construction industry and its relationship with working capital
topic_facet Data envelopment analysis
Working capital
Construction
Efficiency
Financial índices
description Fil: Córdova, León José Fernando. Universidad del Azuay. Facultad de Diseño. Escuela de Arquitectura; Ecuador.
author2 https://orcid.org/0000-0001-9000-8388
author_facet https://orcid.org/0000-0001-9000-8388
Córdova, León José Fernando
Alberto, Catalina Lucía
format publishedVersion
article
author Córdova, León José Fernando
Alberto, Catalina Lucía
author_sort Córdova, León José Fernando
title Measurement of efficiency in the construction industry and its relationship with working capital
title_short Measurement of efficiency in the construction industry and its relationship with working capital
title_full Measurement of efficiency in the construction industry and its relationship with working capital
title_fullStr Measurement of efficiency in the construction industry and its relationship with working capital
title_full_unstemmed Measurement of efficiency in the construction industry and its relationship with working capital
title_sort measurement of efficiency in the construction industry and its relationship with working capital
publishDate 2023
url http://hdl.handle.net/11086/546256
work_keys_str_mv AT cordovaleonjosefernando measurementofefficiencyintheconstructionindustryanditsrelationshipwithworkingcapital
AT albertocatalinalucia measurementofefficiencyintheconstructionindustryanditsrelationshipwithworkingcapital
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