<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2248-6046</journal-id>
<journal-title><![CDATA[Revista Finanzas y Política Económica]]></journal-title>
<abbrev-journal-title><![CDATA[Finanz. polit. econ.]]></abbrev-journal-title>
<issn>2248-6046</issn>
<publisher>
<publisher-name><![CDATA[Universidad Católica de Colombia]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2248-60462021000100019</article-id>
<article-id pub-id-type="doi">10.14718/revnnanzporitecon.v13.n1.2021.2</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Análisis de eficiencia financiera de las empresas cotizantes en el mercado accionario colombiano para el periodo 2012-2017]]></article-title>
<article-title xml:lang="en"><![CDATA[Financial Efficiency Analysis of Listed Companies in the Colombian Stock Market Between 2012 and 2017]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Balseiro Barrios]]></surname>
<given-names><![CDATA[Héctor Darío]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Luna Amador]]></surname>
<given-names><![CDATA[Jorge Armando]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Maza Avila]]></surname>
<given-names><![CDATA[Francisco Javier]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad de Cartagena  ]]></institution>
<addr-line><![CDATA[Cartagena ]]></addr-line>
<country>Colombia</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Centro Logístico y de Negocios del Caribe  ]]></institution>
<addr-line><![CDATA[Cartagena ]]></addr-line>
<country>Colombia</country>
</aff>
<aff id="Af3">
<institution><![CDATA[,Universidad de Cartagena  ]]></institution>
<addr-line><![CDATA[Cartagena ]]></addr-line>
<country>Colombia</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2021</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2021</year>
</pub-date>
<volume>13</volume>
<numero>1</numero>
<fpage>19</fpage>
<lpage>41</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S2248-60462021000100019&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S2248-60462021000100019&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S2248-60462021000100019&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Este artículo busca evaluar la eficiencia financiera de 69 empresas cotizantes en el mercado accionario colombiano (2012-2017), para conocer cómo llevan a cabo la asignación óptima de recursos. Para ello, se aplica el Análisis Envolvente de Datos (DEA) -con los modelos CCR, BCC y EE- a las variables de Ingresos operacionales, Propiedad, Planta y equipo, Inversiones e Inventarios de tales empresas. Los resultados arrojan que la mayoría no asignan de forma eficiente los recursos durante el periodo considerado, ya que, en promedio, solo 17 (26,82%) logran la eficiencia, mientras que apenas 6 la mantienen ininterrumpidamente. En la investigación se concluye que el tipo de escala utilizado por las empresas no es determinante en el resultado de eficiencia obtenido. JEL Classification: C02, C14, G10]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This paper aims to evaluate the financial efficiency of 69 Colombian companies listed on the stock market between 2012 and 2017, to understand how these organizations carry out the optimal allocation of resources. For this purpose, data envelopment analysis (DEA)-CCR, BCC, and EE models-is applied to the following variables: operating income, property, plant and equipment, investments, and inventories. The results showed that most of the companies did not efficiently allocate their resources during the considered period, given that, on average, only 17 companies (26.82%) achieved efficiency, and only 6 of them maintained it uninterruptedly. Moreover, the study concludes that the scale type used by companies is not determinant in the efficiency result obtained.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Análisis Envolvente de Datos (DEA)]]></kwd>
<kwd lng="es"><![CDATA[Colombia]]></kwd>
<kwd lng="es"><![CDATA[eficiencia]]></kwd>
<kwd lng="es"><![CDATA[mercado accionario]]></kwd>
<kwd lng="en"><![CDATA[efficiency]]></kwd>
<kwd lng="en"><![CDATA[data envelopment analysis (DEA)]]></kwd>
<kwd lng="en"><![CDATA[stock market]]></kwd>
<kwd lng="en"><![CDATA[Colombia]]></kwd>
</kwd-group>
</article-meta>
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