Correlation analysis between financial indicators of administrative efficiency and net profit margin in the Colombia’s company
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Abstract
This research addresses the financial results of the year 2015 of 24197 companies located in Colombia, subject to inspection, surveillance and control by the Superintendence of Companies. Financial indicators of administrative efficiency and net profit margin are calculated. The objective is to determine whether there is an inverse and significant relationship between the constructed indicators, through the calculation of Pearson's correlation coefficient. The methodology of the study is quantitative, explanatory, based on secondary sources. As a general conclusion, it is obtained with the analyzed data, there is no evidence that there is an inverse and significant linear relationship between the indicators worked.
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