Resumen

CORREA-MEJIA, Diego Andrés; MARTINEZ-MOLINA, Laura Yulieth; RUIZ-CRIOLLO, María Camila  y  YEPES-MONTOYA, María Alejandra. Cost indicators: a tool to manage value creation in Colombian industrial companies. estud.gerenc. [online]. 2018, vol.34, n.147, pp.190-199. ISSN 0123-5923.  https://doi.org/10.18046/j.estger.2018.147.2643.

Cost information plays an important role in companies since financial outcomes greatly depend on their proper management. This paper aims to determine the financial impact of cost indicators on value creation of Colombian companies in the industrial sector, taking as an analysis period the years between 2013 and 2016. To achieve this goal data panel models were used in this study which led to the conclusion that the cost of the merchandise sold has a negative impact on financial indicators such as EBITDA profit margin (earnings before interest, taxes, depreciation and amortization), Tobin’s Q ratio and cash flow from operating activities.

Palabras clave : management accounting; cost information; value management; financial performance; financial indicators.

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