La rentabilidad de las empresas acuícolas de la provincia del Guayas aplicando el teorema de Modigliani- Miller en el periodo 2021.

Abstract

The purpose of this study is to use a technical-financial analysis and the Modigliani-Miller Theorem as a basis for examining the profitability of aquaculture enterprises in the province of Guayas in the year 2021. This is a cross-sectional, non-exploratory, quantitative study with a descriptive approach. The application of the study considered the population of 18 aquaculture companies through the financial statements located on the website of the Superintendence of Companies, Securities, and Insurance. This was done in accordance with the research design that meets the practical and feasible standards to fulfil the structured hypotheses. As a result of this study, it was determined that the economic and financial environment, particularly in the financial sector, is designated as more profitable due to its status in business decision making, as well as in the monetary expansion of the area; the companies in Guayas are effective in the use of their assets to generate income, although there are problems with the management of the net margin, referring to the comparison of the analysis developed.