Financial health and risk in the tourism sector in Colombia

They were applied a multivariate model of health, and a risk factors analysis within an epidemiological model to the financial statements. The sample was composed of the companies in the tourism sector in Colombia, the financial variables of cash flow, profit and loss and equity ownership were used...

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Autor Principal: Juarez Acosta, Fernando
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: NAUN North Atlantic University Union 2011
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/27735
id ir-10336-27735
recordtype dspace
spelling ir-10336-277352020-08-19T14:43:35Z Financial health and risk in the tourism sector in Colombia Salud financiera y riesgo en el sector turístico en Colombia Juarez Acosta, Fernando Financial statements Financial health Risk factors Cash flow Profits and loss Ownership equity They were applied a multivariate model of health, and a risk factors analysis within an epidemiological model to the financial statements. The sample was composed of the companies in the tourism sector in Colombia, the financial variables of cash flow, profit and loss and equity ownership were used as health indicators. Scores on these indicators were normalized and used for grouping the companies into two groups (healthy and diseased) by a hierarchical cluster. They were also estimated cutoff points in other different variables on the financial statements related to the groups obtained, by optimal binning. Finally, the odds ratio and relative risk, to determine the association between the presence or absence of disease risk and financial health of companies, were obtained. This showed the existence of different variables in the financial statements, which can divide the companies into healthy and diseased, as the risk factors 2011-07-20 2020-08-19T14:43:35Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion ISSN: 1998-0140 https://repository.urosario.edu.co/handle/10336/27735 eng info:eu-repo/semantics/openAccess application/pdf NAUN North Atlantic University Union International Journal of Mathematical Models and Methods in Applied Sciences
institution EdocUR - Universidad del Rosario
collection DSpace
language Inglés (English)
topic Financial statements
Financial health
Risk factors
Cash flow
Profits and loss
Ownership equity
spellingShingle Financial statements
Financial health
Risk factors
Cash flow
Profits and loss
Ownership equity
Juarez Acosta, Fernando
Financial health and risk in the tourism sector in Colombia
description They were applied a multivariate model of health, and a risk factors analysis within an epidemiological model to the financial statements. The sample was composed of the companies in the tourism sector in Colombia, the financial variables of cash flow, profit and loss and equity ownership were used as health indicators. Scores on these indicators were normalized and used for grouping the companies into two groups (healthy and diseased) by a hierarchical cluster. They were also estimated cutoff points in other different variables on the financial statements related to the groups obtained, by optimal binning. Finally, the odds ratio and relative risk, to determine the association between the presence or absence of disease risk and financial health of companies, were obtained. This showed the existence of different variables in the financial statements, which can divide the companies into healthy and diseased, as the risk factors
format Artículo (Article)
author Juarez Acosta, Fernando
author_facet Juarez Acosta, Fernando
author_sort Juarez Acosta, Fernando
title Financial health and risk in the tourism sector in Colombia
title_short Financial health and risk in the tourism sector in Colombia
title_full Financial health and risk in the tourism sector in Colombia
title_fullStr Financial health and risk in the tourism sector in Colombia
title_full_unstemmed Financial health and risk in the tourism sector in Colombia
title_sort financial health and risk in the tourism sector in colombia
publisher NAUN North Atlantic University Union
publishDate 2011
url https://repository.urosario.edu.co/handle/10336/27735
_version_ 1676074203071119360
score 11,383098