Intellectual Capital and Financial Performance: The Case of the Tungurahua Concessionaires
Journal
Lecture Notes in Networks and Systems
Perspectives and Trends in Education and Technology
ISSN
2367-3370
2367-3389
Date Issued
2025
Author(s)
Ximena Morales-Urrutia
Marcelo Mantilla Falcón
Estefanía Cayo-Hurtado
Type
book-chapter
Abstract
The objective of the research is to analyze the intellectual capital and financial performance of concessionaires in the city of Ambato in the period 2018–2022. In order to analyze intellectual capital, the Intellectual Added Value Coefficient (VAICTM) was used, while to measure financial performance, the profitability indicators ROA and ROE were used. The methodology used was quantitative in nature, the sample was 11 dealerships belonging to ISIC G4510.01 corresponding to the sale of vehicles. According to the results obtained, it is shown that the Ciudad del Auto CIAUTO Cía dealerships. Ltda., and Ambacar Cía. Ltda., have the best indices in each of the components of intellectual capital. However, when analyzing these values using the Pearson Correlation, it was concluded that the VAICTM has no relationship with the financial performance in the 5 years studied, since salaries and wages are low in relation to the income received by the concessionaires.