Financial Dynamics in AFPs: Exploring the Relationships between Active Members and Financial Ratios (2014-2022)

Authors

  • Percy Vilchez Olivares Universidad Nacional Mayor de San Marcos
  • Raúl Jesús Vergara Moncada Universidad Nacional Mayor de San Marcos de Perú
  • Domingo Guzmán Chumpitaz Ramos Universidad Nacional Mayor de San Marcos

Abstract

This research set out to closely examine the financial information of the Pension Fund Administrators (AFPs) with the central objective of understanding the relationship between the number of active members and various financial ratios during the period 2014-2022. Using the statistical method of Pearson's correlation, as well as a detailed analysis of active members, net income and equity of the AFPs, diverse relationships between the number of active members and financial indicators were revealed. The results also showed significant variability in the growth and decline of active members, net income and equity in each AFP. In conclusion, few notable relationships, both positive and negative, were observed between the number of active members and various financial indicators, such as liquidity, solvency, management and profitability ratios. This study provides a comprehensive view of the financial dynamics in the AFPs, contributing to a deeper understanding of the complex interaction between active membership and the financial health of these entities.

Author Biographies

Percy Vilchez Olivares, Universidad Nacional Mayor de San Marcos

Contador Público de la Universidad Nacional Mayor de San Marcos. Doctor en Ciencias Contables y Empresariales de la Universidad Nacional Mayor de San Marcos de Perú. Magister en Desarrollo y Comportamiento Organizacional de la Universidad Diego Portales de Chile. Master en Administración de Negocios de la Universidad de Quebec Montreal Canadá. Correo electrónico: pvilchezo@unmsm.edu.pe ORCID: https://orcid.org/0000-0002-5826-3909

Raúl Jesús Vergara Moncada , Universidad Nacional Mayor de San Marcos de Perú

Contador Público de la Universidad Nacional José Faustino Sánchez Carrión. Magister en Contabilidad con Mención en Política y Administración Tributaria de la Universidad Nacional Mayor de San Marcos. Doctor en Ciencias Contables y Empresariales de la Universidad Nacional Mayor de San Marcos de Perú. Correo electrónico: rvergaram@unmsm.edu.pe ORCID: https://orcid.org/0000-0002-0404-7717

Domingo Guzmán Chumpitaz Ramos , Universidad Nacional Mayor de San Marcos

Licenciado en Estadística de la Universidad Nacional Mayor de San Marcos. Magister en Estadística Aplicada de la Universidad Nacional Agraria de la Molina. Correo electrónico: dchumpitazr@unmsm.edu.pe ORCID: https://orcid.org/0000-0003-2041-4502

Published

2024-09-02

How to Cite

Vilchez Olivares, P., Vergara Moncada , R. J., & Chumpitaz Ramos , D. G. (2024). Financial Dynamics in AFPs: Exploring the Relationships between Active Members and Financial Ratios (2014-2022). Revista científica Pensamiento Y Gestión, (56). Retrieved from https://rcientificas.uninorte.edu.co/index.php/pensamiento/article/view/16270