Impact of Covid-19 on sales revenues of private companies in Ecuador

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Autore principale: Hugo Renan Ruiz Lopez
Natura: Artículo científico
Lingua:en
Pubblicazione: Universidad de Oriente 2022
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author Hugo Renan Ruiz Lopez
author_facet Hugo Renan Ruiz Lopez
contents Impact of Covid-19 on sales revenues of private companies in Ecuador Hugo Renan Ruiz Lopez Sara Rocío Correa Soto Perla León López Multidisciplinarias (Ciencias Sociales) 19 COVID Economy of Ecuador Sales revenue Ecuador 2020 The economic impact of the Covid-19 pandemic on the economy of Ecuador generated a 6% drop in GDP between March and December 2020 according to the Central Bank of Ecuador (BCE, 2020), most companies have been affected by the decrease in supply and demand caused by the closures of the economy to try to stop the advance of Covid-19. In the present work it has been aimed to describe the variation of sales revenue in 2020, the year of the beginning of the pandemic in relation to 2019. The analysis was performed through a quantitative approach, applying the descriptive method with contrast of means based on the data collection of the Superintendence of Companies, where 35,906 companies were analyzed. The results determined a decrease of 11% in sales revenues compared to 2019, with the most affected sectors being tourism, construction and garment manufacturing. 2022 artículo científico 2576-0971 https://www.redalyc.org/articulo.oa?id=573670796006 https://www.redalyc.org/journal/5736/573670796006/ https://www.redalyc.org/journal/5736/573670796006/html/ https://www.redalyc.org/journal/5736/573670796006/573670796006.epub https://www.redalyc.org/journal/5736/573670796006/movil en http://www.redalyc.org/revista.oa?id=5736 Journal of business and entrepreneurial studies application/pdf Universidad de Oriente Journal of business and entrepreneurial studies (México) Num.2 Vol.6
format Artículo científico
id redalyc_573670796006
institution Redalyc
language en
publishDate 2022
publisher Universidad de Oriente
spellingShingle Impact of Covid-19 on sales revenues of private companies in Ecuador
Hugo Renan Ruiz Lopez
Multidisciplinarias (Ciencias Sociales)
19
COVID
Economy of Ecuador
Sales revenue Ecuador 2020
Impact of Covid-19 on sales revenues of private companies in Ecuador Hugo Renan Ruiz Lopez Sara Rocío Correa Soto Perla León López Multidisciplinarias (Ciencias Sociales) 19 COVID Economy of Ecuador Sales revenue Ecuador 2020 The economic impact of the Covid-19 pandemic on the economy of Ecuador generated a 6% drop in GDP between March and December 2020 according to the Central Bank of Ecuador (BCE, 2020), most companies have been affected by the decrease in supply and demand caused by the closures of the economy to try to stop the advance of Covid-19. In the present work it has been aimed to describe the variation of sales revenue in 2020, the year of the beginning of the pandemic in relation to 2019. The analysis was performed through a quantitative approach, applying the descriptive method with contrast of means based on the data collection of the Superintendence of Companies, where 35,906 companies were analyzed. The results determined a decrease of 11% in sales revenues compared to 2019, with the most affected sectors being tourism, construction and garment manufacturing. 2022 artículo científico 2576-0971 https://www.redalyc.org/articulo.oa?id=573670796006 https://www.redalyc.org/journal/5736/573670796006/ https://www.redalyc.org/journal/5736/573670796006/html/ https://www.redalyc.org/journal/5736/573670796006/573670796006.epub https://www.redalyc.org/journal/5736/573670796006/movil en http://www.redalyc.org/revista.oa?id=5736 Journal of business and entrepreneurial studies application/pdf Universidad de Oriente Journal of business and entrepreneurial studies (México) Num.2 Vol.6
title Impact of Covid-19 on sales revenues of private companies in Ecuador
topic Multidisciplinarias (Ciencias Sociales)
19
COVID
Economy of Ecuador
Sales revenue Ecuador 2020
url https://www.redalyc.org/articulo.oa?id=573670796006
https://www.redalyc.org/journal/5736/573670796006/
https://www.redalyc.org/journal/5736/573670796006/html/
https://www.redalyc.org/journal/5736/573670796006/573670796006.epub
https://www.redalyc.org/journal/5736/573670796006/movil