Artículos de revistas
URI permanente para esta colecciónhttps://hdl.handle.net/20.500.12640/4067
Examinar
8 resultados
Resultados de la búsqueda
Ítem Acceso Abierto Economic-financial evaluation of a cement company: Cementos Pacasmayo(Universidad de Concepción, 2023-01-16) Lizarzaburu Bolaños, Edmundo; Burneo Farfán, Kurt; García-Gómez, Conrado DiegoPurpose: The aim of this paper is to address a company valuation procedure by explaining the steps that must be followed from an economic-financial perspective. Design/methodology: We employ the study case methodology to fulfill all the procedure stages. Specifically, we analyze the Peruvian cement company “Cementos Pacasmayo”. A 10-year discounted cash flow (DCF) is presented and brought to present value using a discount rate (WACC) composed by the cost of debt and the cost of capital of the company. Findings: We can conclude that the evaluation process should always include the country, industry and company. Practical implications: Our study provides useful implications for management. On the one hand, it is important to highlight the subjectivity to predict some parameters or doing assumptions. On the other hand, it is important to understand and know a good procedure to valuate a company as an insider or a potential investor. Originality/value: The proposed model consists of the economic studies of the country, sector and company, which allow the appraiser to specify certain parameters or assumptions for the elaboration of a model that approximates the value of the company.Ítem Acceso Abierto Gestión antisoborno: evaluación en una economía Latinoamericana con base en la norma técnica NTCISO 37001:2017(Universidad Santo Tomás, 2022-01-01) Monroy Estupiñan, Sergio Alberto; Pineda Lozano, Luis Steven; Peña Guarín, Guillermo; Lizarzaburu Bolaños, EdmundoBribery in the public sector erodes public trust in institutions and hinders the country's progress; Colombian legislation has established a set of provisions to prevent bribery, which can be complemented with proactive measures such as the application of international standards for anti-bribery management. This study analyzes the incorporation of anti-bribery management based on chapter 8 of the international technical standard NTC-ISO 37001: 2017 in the Colombian National Navy Acquisitions process. An instrument was designed and validated to diagnose anti-bribery management in officials and internal users of the process, and it was found as a relevant aspect that there is compliance in general with the risk management of bribery in the Acquisitions process; however, 25 gaps were identified with respect to the requirements proposed by NTC-ISO 37001: 2017. Based on the guidelines in Annex A of the aforementioned standard, a valid and viable proposal was developed to be applied in the entity, to close the identified gaps, divided into the communication and dissemination aspects of specific aspects to the group of collaborators of the Acquisitions process and adjustment to some institutional documentsÍtem Acceso Abierto Gestión de seguridad y salud en el trabajo de la ISO 45001 en mercados emergentes(Universidad de Los Andes, 2021) Lizarzaburu Bolaños, Edmundo; Burneo, Kurt; Sánchez Cárdenas, GiancarloThe objective of this research document is to provide an introduction to ISO 45001, the new occupational health and safety management system. First, presenting its background, objectives, benefits and explanation of the system proposed by the standard. Likewise, a comparison with its predecessor, the OHSAS 18001 standard, is made throughout the text, since, in addition to complying with the requirements previously proposed in said and the role of senior management as leader standard, ISO 45001 emphasizes the context of the organization of the Management System. Given the growing global competitiveness and the number of accidents registered annually by the International Labor Organization (ILO), it is advisable to be informed of the updating of this management standard. As main findings it is emphasized that the ISO 45001 standard presents new objectives of continuous improvement and total quality aligned with current quality standards, with the main objective of mitigating occupational risks through strategic organizational planning that unifies hierarchical levels in the dynamics of health and safety at work.Ítem Acceso Abierto Evaluación de una entidad financiera usando Camel: el caso de BBVA Perú(Universidad del Rosario, 2022-04-29) Lizarzaburu Bolaños, Edmundo; García-Gómez, Conrado Diego; Berggrum, Luis; Cardona, EmilioThe present case study was aimed at analyzing the financial situation of BBVA Peru using the CAMEL methodology. Additionally, a proper valuation was carried out using Comparable Multiples and Discounted Cash Flow methods. The first was to describe the economic environment through a Top-Down methodology: region, country, financial sector, and company. The period of analysis was 2015-2019. The data analyzed belonged to production, industry, and technology. Moreover, the bank operations are presented detailing the income structure, financial products and services, politics, and corporate governance.Ítem Acceso Abierto Corporate governance in emerging markets and its impact on finance performance(Virtus Interpress, 2014) Lizarzaburu Bolaños, Edmundo; Berggrun, Luis; Burneo Farfan, Kurt JohnnyThis paper reviews the theoretical framework of Corporate Governance and multiple issues in which it is evaluated such as agency costs, asymmetric information, insider trading, manipulation of earnings, Board of Directors, etc. Finally, it is reviewed the impact of Corporate Governance over cost of equity, capital structure and financial performance.Ítem Acceso Abierto Effects of CSR and CR on business confidence in an emerging country(MDPI, 2020-06-26) Del Brio, Jesús; Lizarzaburu Bolaños, EdmundoCorporate social responsibility has been one of the main pillars of development for companies in developed countries and studies are being conducted for developed countries and the productive sector of the economy. Therefore, the main objective of this paper is to analyze the relationship between corporate social responsibility (CSR), corporate reputation (CR), and business confidence in the context of the banking sector in an emerging country (Peru). To test the hypotheses presented in this paper, we sent a survey to 1745 banking executive officers of the branch offices in Peru. These key individuals were selected as the target population of the study because the authors sought to study the management’s perception of CSR and business confidence. From the data obtained from the survey, it has been determined that the strategic consideration of CSR in Peruvian banks directly influences the perception of business confidence. Secondly, it has been demonstrated that the strategic consideration of CSR in Peruvian banks positively influences corporate reputation and, finally, the perception of the importance of the corporate reputation of Peruvian banks and significantly influences the perception of business confidence by the managers. The main contribution of this paper is that it analyzes empirically how business confidence is perceived by managers, who are the main agents involved in implementing CSR actions, based on their opinion of the strategic consideration of CSR and the perception of CR in a context barely investigated, an emerging country.Ítem Acceso Abierto Are employees well evaluated in their CSR actions? The perception of managers in an emerging country(Fundação Escola de Comércio Álvares Penteado, 2020-01-05) Lizarzaburu Bolaños, Edmundo; Del Brio, JesúsPurpose – This paper tests the influence of employees’ involvement in CSR activities on managers’ perceptions regarding business confidence. Design/methodology/approach – A quantitative methodology was used to contrast the hypotheses presented in this paper. The empirical research began in March 2016. In April 2016, a questionnaire was sent by email to the 1,745 managers of the multiple banks with a message explaining the relevance of the research. The data gathering process finished in July 2016. Findings – The causal model proved the influence of the perception of employees’ involvement in the CSR actions of Peruvian banks in terms of improving the perception of business confidence by managers. The relationship found was not statistically significant at a level of p<0.05. Therefore, the assessment of the involvement of workers in CSR in Peruvian banks does not significantly influence business confidence. Originality/value – The main contribution of this paper is that it empirically analyzes how business confidence is perceived by managers and how it is influenced by perceptions of employees’ involvement in CSR actions in a context barely investigated: an emerging country.Ítem Acceso Abierto CSR Actions in companies and perception of their reputation by managers: analysis in the rural area of an emerging country in the banking sector(MDPI, 2018-03-22) Del Brio, Jesús Ángel; Lizarzaburu Bolaños, EdmundoThis paper tests, from a managerial point of view, the influence of Corporate Social Responsibility (CSR) actions directed towards health and environmental matters over the perception of a company’s reputation. The literature review suggests an absence of this kind of study focused on the banking sector of developing countries. CSR activities oriented to health and subsistence in the rural areas of emerging countries are proved to hold a positive influence on the perception of managers of the banking sector of corporate reputation. On the other hand, it has not been possible to validate whether CSR activities oriented to environmental issues (or infrastructure) in rural areas will positively influence the perception of Peruvian banking sector managers of corporate reputation. The outcomes mentioned seem plausible due to health and subsistence being undoubtedly the most valued factors among people living in rural areas, where there are the most development deficiencies. This work contributes by empirically analyzing a relationship barely addressed in the field of business administration: the influence of CSR and corporate reputation. Furthermore, the authors take the analysis to a context unexplored by previous researchers, applying the concepts to the banking sector of an emerging country.
