<?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>1665-5346</journal-id>
<journal-title><![CDATA[Revista mexicana de economía y finanzas]]></journal-title>
<abbrev-journal-title><![CDATA[Rev. mex. econ. finanz]]></abbrev-journal-title>
<issn>1665-5346</issn>
<publisher>
<publisher-name><![CDATA[Instituto Mexicano de Ejecutivos de Finanzas A.C.]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1665-53462020000200277</article-id>
<article-id pub-id-type="doi">10.21919/remef.v15i2.485</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Determinantes financieras de la Sustentabilidad Corporativa de Empresas que cotizan en el IPC Sustentable de la BMV]]></article-title>
<article-title xml:lang="en"><![CDATA[Financial Determinants of the Corporate Sustainability of Companies listed in the Sustainable IPC of the BMV]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Gavira-Durón]]></surname>
<given-names><![CDATA[Nora]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Martínez Peña]]></surname>
<given-names><![CDATA[Dolores Guadalupe]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Espitia Moreno]]></surname>
<given-names><![CDATA[Irma Cristina]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad de las Américas  ]]></institution>
<addr-line><![CDATA[ Puebla]]></addr-line>
<country>México</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Universidad Michoacana de San Nicolás de Hidalgo  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>México</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2020</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2020</year>
</pub-date>
<volume>15</volume>
<numero>2</numero>
<fpage>277</fpage>
<lpage>293</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1665-53462020000200277&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1665-53462020000200277&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1665-53462020000200277&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen El objetivo de la investigación es determinar si los indicadores: retorno sobre activos (ROA), Quick-ratio (quickr), tamaño total de activos (tactivos), margen de beneficios antes de intereses, impuestos, depreciación y amortización (ebitdam), z-score (zaltman); de las empresas del IPC sustentable de la BMV, impactan a los índices: ambiental (IA), responsabilidad social (IS), gobierno corporativo (IGC) y su índice general: Desempeño Sustentable Corporativo (DSC). Con un modelo de panel con Mínimos Cuadrados Ordinarios Agrupados y efectos fijos en secciones cruzadas y periodos, con apoyo de EVIEWS 9. Los resultados muestran que las variables significativas fueron tactivos y zaltman, que existe una relación inversa entre ellas y DSC, IA, IS e IGC. Se recomienda analizar todas las empresas del índice, cuando se cuente con mayor historial de datos y aplicar otros modelos estadísticos. Las limitaciones son el bajo número de observaciones y la utilización de un sólo modelo, esto implica resultados no concluyentes; sin embargo, es relevante ya que no se había estudiado el caso mexicano. Se concluye que las empresas tienen un costo extra por formar parte del índice.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract The objective of the present research is to observe if the following five indicators from companies listed on the Mexican Sustainability Index (IPCS): return on assests (ROA), Quick-ratio (quickr), total assests (tactivos). Earnings Before Interest, Tax, Depreciation, Amortization Margin (ebitdam) and z-score (zaltman) have an impact on: environment index (IA), social responsibility index (IS), corporate governance (IGC) and sustainability index (DSC), through panel data model using least squared, fixed effects in crossed sections and periods using EVIEWS 9. The findings show that tactivos and zaltman were the significative variables, indicating a negative correlation between them and DSC, IA, IS e IGC. The findings suggest that all companies listed should be assessed in the future when more data is available. The limitations of this study are: the small size of the sample and just a single model in consequence the results are inconclusive nevertheless the work is relevant since these variables have not been studied in the Mexican scenario. Another conclusion is that the companies listed have extra costs derived from pertaining to the present index.]]></p></abstract>
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<kwd lng="es"><![CDATA[Q56]]></kwd>
<kwd lng="es"><![CDATA[IPC sustentable]]></kwd>
<kwd lng="es"><![CDATA[desempeño ambiental]]></kwd>
<kwd lng="es"><![CDATA[responsabilidad social]]></kwd>
<kwd lng="es"><![CDATA[gobierno corporativo]]></kwd>
<kwd lng="es"><![CDATA[desempeño financiero]]></kwd>
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<kwd lng="en"><![CDATA[Sustainable IPC]]></kwd>
<kwd lng="en"><![CDATA[environmental performance]]></kwd>
<kwd lng="en"><![CDATA[social responsibility]]></kwd>
<kwd lng="en"><![CDATA[corporate governance]]></kwd>
<kwd lng="en"><![CDATA[financial performance]]></kwd>
</kwd-group>
</article-meta>
</front><back>
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