Open AccessThe Human Capital on the Performance Margins of Vehicle Marketing Companies. Lambayeque, 2017
Author(s) -
María Magdalena Barrantes Quiroz,
Abdel Javier Flores Olivos,
José Máximo Gómez Navarro
Publication year - 2021
Publication title -
revista iberoamericana de educación (quito)
Language(s) - English
Resource type - Journals
ISSN - 2737-632X
DOI - 10.31876/ie.vi.136
Subject(s) - human capital , business , productivity , commercialization , capital expenditure , profit margin , profit (economics) , marketing , economics , finance , economic growth , microeconomics
To determine the incidence of human capital in the increase of performance margins of vehicle commercialization companies in Lambayeque 2017. Materials and methods: A census sample of 8 companies in Lambayeque was used. Ninety-four workers and managers of the companies were interviewed regarding the role of human capital and different measures of business results such as: productivity, efficiency and operating profit. Results: A significant positive correlation of 0.75 was found between company productivity and human capital expenditure; however, with respect to efficiency, only 38% of companies have an efficient performance in terms of operating margins related to human capital expenditure per worker, whose efficient value was estimated at 1,338 soles per year. Conclusion: The correlation between training expenses and net operating margins over sales was 0.12 and not significant, indicating that the relationship between human capital and business performance is still partial.