Effect of internal control on the profitability of the MAREROCE company in the Jaramijó canton

Abstract

This scientific article deals with the effect of internal control on the profitability of the MAREROCE company in the Jaramijó canton, since effective internal control will allow the optimization of the human, material and financial resources of an organization, aligning them towards a single purpose, reducing excessive expenses. to increase profits and improve overall profitability. The objective of which is to analyze internal control and how it affects the profitability of the company MAREROCE EXPORT IMPORT CIA. LTDA of the Jaramijó canton of the province of Manabí. Within the article, the financial profitability indicators established in the company studied were revealed, since they show the company's ability to generate profits in relation to the financial resources used, which provides a clear vision of its financial performance and its ability to generate value for shareholders. On the other hand, the quantitative approach was framed in the research since it allowed us to know how the company is in the competitive market, if it has had optimal profitability or if losses were obtained that could severely affect the financial field. In addition, techniques such as field research were used, which involves visiting the place of the events, to collect detailed, truthful, reliable and first-hand information, descriptive research was also carried out related to analyzing the reality of the same and finally bibliographic research that helped obtain documentary information on the variables in reference to internal control and profitability. Finally, it was specified that the study population in the research was 140 company workers and because the population is not extensive, the sample is the same for the application of the surveys directed at the workers.

Keywords: Internal control, profitability, company.