Incidence of BASC Certification in the Productivity of Companies in the City of Medellin – Colombia through Discriminant Analysis
Herrera, T. J. F.
Abstract:
This research analyzes the impact of Business Anti-Smuggling Coalition (BASC) certification in the productivity of companies in the city of Medellin. For this, productivity indicators were calculated in 60 companies certified in BASC. Then, discriminant analysis technique was used to explain the ownership and discrimination, resulting in a correlation between certified companies and increased productivity rates. From the discriminant function obtained it was concluded that both Gross Profit / Value Added (IP1), Net Income / Value Added (IP3) and operating profit / Operating capital (IP5), presented significant differences and improved statistical indicator value added / Working Capital (IP4) during the years 2008 to 2010.
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APA citation
- Herrera, T. J. F. (2013). Incidence of BASC Certification in the Productivity of Companies in the City of Medellin – Colombia through Discriminant Analysis. International Journal of Economic Sciences, II(2), 43–55.