Some Performance Indicators of Financial Companies that have Implemented Digital Transformation Process in Honduras between 2018-2022

Authors

DOI:

https://doi.org/10.19136/hitos.a29n85.6157

Keywords:

Digital transformation, Organizational change, Performance indicators, Structural variables.

Abstract

OBJECTIVE: To determine the impact on the performance of Honduran financial companies between 2018-2022 due to the organizational change resulting from digital transformation.

MATERIAL AND METHOD: A quantitative, non-experimental, longitudinal, correlational-causal study was conducted and structural equation modeling (PLS-SEM) was used for the empirical analysis. Data were obtained from the financial statements and management reports of a bank in Honduras for the period 2018-2019. The model is based on the causal relationship of four hypotheses.

RESULTS: It can be inferred that in financial entities the management of planned organizational change has a positive and significant impact on the total performance observed in a period of time; which is reinforced in a positive and significant way through the emerging managerial adjustments, which are taken based on the available evidence; adding the digital transformations that allow managing in an efficient and effective way such organizations.

CONCLUSIONS: The predictive model of this research, shows us that the success in the performance of a financial entity is based on three causal indicators: the planning of organizational change, the implementation of digital transformations and the ability of managers to make organizational adjustments according to the observed performance.

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Author Biographies

  • Gabriel Enrique Durón Esquivel, Universidad Nacional Autónoma de Honduras

    Doctor en Administración. Docente de la UNAH y Gerente de Credisol en Honduras.

  • Javier Antonio Torres Vindas, Universidad Estatal a Distancia, Costa Rica

    Doctor en Investigación por la FLACSO-México. Docente Investigador UNED Costa Rica.

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Published

2023-12-15

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Artículo Original

How to Cite

Durón Esquivel, G. E., & Torres Vindas, J. A. (2023). Some Performance Indicators of Financial Companies that have Implemented Digital Transformation Process in Honduras between 2018-2022. HITOS DE CIENCIAS ECONÓMICO ADMINISTRATIVAS, 29(85), 428-442. https://doi.org/10.19136/hitos.a29n85.6157