Impacto del Capital intelectual en el desempeño financiero de las instituciones microfinancieras de Ecuador

Autores/as

DOI:

https://doi.org/10.31637/epsir-2025-1588

Palabras clave:

Capital intelectual, capital humano, capital estructural, capital relacional, capital fisico, M-VAIC, capital autobiográfico, IMFs, Desempeño financiero

Resumen

Introducción: Este estudio analiza la influencia del CI en el desempeño financiero de 25 IMFs en Ecuador durante el periodo 2016 a 2023, utilizando el modelo M-VAIC para evaluar el CI y sus componentes: capital humano (HCE), capital estructural (SCE), capital relacional (RCE), capital físico (CEE). Metodología: incluyó análisis de datos panel y modelos dinámicos GMM para determinar las correlaciones entre el CI y el ROA y ROE. Resultados: indican que CI en su conjunto está positivamente correlacionado con el ROA y ROE en los modelos estáticos, con el HCE como el principal del desempeño financiero, seguido de SCE. Sin embargo, el RCE muestra una correlación negativa con los ratios financieros de rentabilidad en los modelos dinámicos, mientras que CEE no presenta ninguna relación significativa. Discusión: Se subraya la importancia de invertir en capacitación y desarrollo del personal (HCE) y optimizar los procesos internos (SCE) para mejorar la rentabilidad de las IMFs y se recomienda reevaluar las estrategias relacionadas con RCE para evitar impactos negativos. Conclusiones: Este estudio contribuye al conocimiento sobre la gestión del CI en las IMFs y sugiere directrices futuras para la investigación y la práctica.

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Biografía del autor/a

Miguel Peñarreta Quezada, Universidad Técnica Particular de Loja

Profesor e investigador en la Universidad Técnica Particular de Loja (UTPL). Con una sólida formación en economía y finanzas, se especializa en la gestión del capital intelectual y su impacto en el desempeño financiero de las organizaciones, especialmente en economías emergentes. Ha liderado y colaborado en diversos proyectos de investigación centrados en las instituciones de la industria bancaria en Ecuador.

Nelson Chavez Alvear, Universidad Técnica Particular de Loja

Profesor e investigador en la Universidad Técnica Particular de Loja (UTPL). Posee una sólida formación finanzas corporativas y sus líneas de investigación se han centrado en la valoración de empresas en economías emergentes. Ha participado en diversos proyectos de investigación centrados en la estructura de capital, riesgo y desempeño financiero.

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Publicado

2025-02-17

Cómo citar

Peñarreta Quezada, M., & Chavez Alvear, N. (2025). Impacto del Capital intelectual en el desempeño financiero de las instituciones microfinancieras de Ecuador. European Public & Social Innovation Review, 10, 1–18. https://doi.org/10.31637/epsir-2025-1588

Número

Vol. 10 (2025)

Sección

Artículos Portada

Licencia

Derechos de autor 2025 Miguel Peñarreta Quezada, Nelson Chavez Alvear

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