Abstract

OJEDA ZAMBRANO, Carla de los Ángeles; GUTIERREZ BURBANO, Jairo Alexander  and  BALLESTEROS, Luis Felipe Córdova. Economic-financial performance 2010-2019 of long-term companies in Ecuador: Advance or recession?. Podium [online]. 2021, n.40, pp.89-104.  Epub Dec 19, 2021. ISSN 2588-0969.  https://doi.org/10.31095/podium.2021.40.6.

This study analyzes the economic-financial performance in the period 2010-2019 of a group of 155 long-standing Ecuadorian companies with more than 50 years of experience, which is developed through a longitudinal descriptive methodology and an inductive approach based on quantitative. The group studied shows an increase in its assets and equity; however, it registers large fluctuations in its profits that cause both the ROA and the ROE to present a decreasing trend in certain years, for which it is concluded that, according to size, the most affected organizations are micro-enterprises and in relation to the type, the most fragile are the service companies.

Keywords : business perdurability; assets; equity; profits; profitability; business finances.

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