Factor analysis to evaluate the financial performance of the construction industry in an emerging market : the case of Colombia
Judith Vergara, Maribel Serna
Factor analysis is a method used to reduce several variables into fewer dimensions called factors. This study conducts factor analysis on the financial ratios of the construction companies in Colombia in the period 2000--2014. According to that, the purpose of the study is to use the factorial analysis technique to determine whether the financial ratios are related to a smaller number of unobservable factors and eliminate redundancy among them. The results show that it is possible to explain 88.753% of the variance with 13 financial ratios grouped into three factors.
Alternative title: | Análisis factorial para evaluar el rendimiento financiero de la industria de la construcción en un mercado emergente : el caso de Colombia |
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Year of publication: |
2019
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Authors: | Vergara, Judith ; Serna, Maribel |
Published in: |
Revista de métodos cuantitativos para la economía y la empresa. - Sevilla : [Verlag nicht ermittelbar], ISSN 1886-516X, ZDB-ID 2584041-1. - Vol. 26.2018, p. 52-70
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Subject: | construction companies | developing countries | factorial analysis | financial ratio analysis | Bauwirtschaft | Construction industry | Kolumbien | Colombia | Betriebliche Kennzahl | Financial ratio | Unternehmenserfolg | Firm performance | Entwicklungsländer | Developing countries | Schwellenländer | Emerging economies | Faktorenanalyse | Factor analysis |
Saved in:
freely available
Type of publication: | Article |
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Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
Language: | English |
Notes: | Zusammenfassung in spanischer Sprache |
Other identifiers: | hdl:10419/286138 [Handle] |
Classification: | L74 - Construction ; D21 - Firm Behavior |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012023698
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