Fixed assets-infrastructure and financial health in hospitality industry: A chaotic effect in emerging markets

"The influence of property, plant and equipment (Fixed Assets) and the quality of infrastructure on return was analyzed in the hospitality industry in emerging markets. The analysis unit was Colombia, a member of the CIVETS emerging market group. Financial healthwas determined by the relationsh...

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Autor Principal: Juárez F.
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: World Scientific and Engineering Academy and Society 2014
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/23496
id ir-10336-23496
recordtype dspace
spelling ir-10336-234962020-06-03T22:15:12Z Fixed assets-infrastructure and financial health in hospitality industry: A chaotic effect in emerging markets Juárez F. Chaos Emerging markets Financial health Fixed assets Hospitality industry Infrastructure Recurrence "The influence of property, plant and equipment (Fixed Assets) and the quality of infrastructure on return was analyzed in the hospitality industry in emerging markets. The analysis unit was Colombia, a member of the CIVETS emerging market group. Financial healthwas determined by the relationships among return on fixed assets ratio,fixed assets net worth and fixed assets turnover ratios. Besides, the degree of accomplishment of the government plans to improve the quality of infrastructure was considered an indicator of an adequate infrastructure. Transformation by Hénon map equations were applied to data and a recurrence plot, phase space and recurrence quantification analysis were obtained. It was determined the influence of fixed assets net worth and turnoveron the return on fixed assets, and then, the influence of infrastructures on return on fixed assets. A non-linear, non-monotonic relationship existedamongreturn on fixed assets, fixed assets net worth and fixed assets turnover ratios, making investment decision difficult. An adequate development of infrastructure tended to relax the parameters of recurrence, slightly promoting a more steady development of the firms." 2014 2020-05-26T00:02:32Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 11099526 https://repository.urosario.edu.co/handle/10336/23496 eng info:eu-repo/semantics/openAccess application/pdf World Scientific and Engineering Academy and Society instname:Universidad del Rosario reponame:Repositorio Institucional EdocUR
institution EdocUR - Universidad del Rosario
collection DSpace
language Inglés (English)
topic Chaos
Emerging markets
Financial health
Fixed assets
Hospitality industry
Infrastructure
Recurrence
spellingShingle Chaos
Emerging markets
Financial health
Fixed assets
Hospitality industry
Infrastructure
Recurrence
Juárez F.
Fixed assets-infrastructure and financial health in hospitality industry: A chaotic effect in emerging markets
description "The influence of property, plant and equipment (Fixed Assets) and the quality of infrastructure on return was analyzed in the hospitality industry in emerging markets. The analysis unit was Colombia, a member of the CIVETS emerging market group. Financial healthwas determined by the relationships among return on fixed assets ratio,fixed assets net worth and fixed assets turnover ratios. Besides, the degree of accomplishment of the government plans to improve the quality of infrastructure was considered an indicator of an adequate infrastructure. Transformation by Hénon map equations were applied to data and a recurrence plot, phase space and recurrence quantification analysis were obtained. It was determined the influence of fixed assets net worth and turnoveron the return on fixed assets, and then, the influence of infrastructures on return on fixed assets. A non-linear, non-monotonic relationship existedamongreturn on fixed assets, fixed assets net worth and fixed assets turnover ratios, making investment decision difficult. An adequate development of infrastructure tended to relax the parameters of recurrence, slightly promoting a more steady development of the firms."
format Artículo (Article)
author Juárez F.
author_facet Juárez F.
author_sort Juárez F.
title Fixed assets-infrastructure and financial health in hospitality industry: A chaotic effect in emerging markets
title_short Fixed assets-infrastructure and financial health in hospitality industry: A chaotic effect in emerging markets
title_full Fixed assets-infrastructure and financial health in hospitality industry: A chaotic effect in emerging markets
title_fullStr Fixed assets-infrastructure and financial health in hospitality industry: A chaotic effect in emerging markets
title_full_unstemmed Fixed assets-infrastructure and financial health in hospitality industry: A chaotic effect in emerging markets
title_sort fixed assets-infrastructure and financial health in hospitality industry: a chaotic effect in emerging markets
publisher World Scientific and Engineering Academy and Society
publishDate 2014
url https://repository.urosario.edu.co/handle/10336/23496
_version_ 1669098218616520704
score 11,388314