<?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>2073-6061</journal-id>
<journal-title><![CDATA[Cofin Habana]]></journal-title>
<abbrev-journal-title><![CDATA[Cofin]]></abbrev-journal-title>
<issn>2073-6061</issn>
<publisher>
<publisher-name><![CDATA[Editorial UH]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2073-60612023000200002</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Influencia de la estrategia de diversificación sobre el desempeño financiero de las empresas durante los ciclos económicos en Chile]]></article-title>
<article-title xml:lang="en"><![CDATA[Influence of diversification strategy on the financial performance of firms during economic cycles in Chile]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Marchant Venegas]]></surname>
<given-names><![CDATA[Sebastián]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[King Domínguez]]></surname>
<given-names><![CDATA[Andrea]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Améstica Rivas]]></surname>
<given-names><![CDATA[Luis]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad del Bío-Bío  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2023</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2023</year>
</pub-date>
<volume>17</volume>
<numero>2</numero>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://scielo.sld.cu/scielo.php?script=sci_arttext&amp;pid=S2073-60612023000200002&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://scielo.sld.cu/scielo.php?script=sci_abstract&amp;pid=S2073-60612023000200002&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://scielo.sld.cu/scielo.php?script=sci_pdf&amp;pid=S2073-60612023000200002&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[RESUMEN Este estudio analizó los rendimientos financieros de compañías bursátiles que componían el Índice General de Precios de las Acciones en Chile en dos ciclos económicos (2007-2011 y 2014-2018) y su relación con la estrategia de diversificación asumida. La muestra está conformada por un panel de datos de 65 empresas para el caso del ciclo de recesión económica (2007-2011) y de 52 empresas para el ciclo de crecimiento económico (2014-2018). Dentro de los resultados más destacables se evidencia que las empresas que adoptan una estrategia de diversificación no relacionada durante un ciclo de inestabilidad económica poseen mejores resultados promedio en los indicadores analizados. Por otra parte, las empresas que adoptan una estrategia de concentración en periodos de crecimiento económico, poseen mejores resultados promedio en sus indicadores de desempeño financiero.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[ABSTRACT This study analyzed the financial returns of stock market companies comprising the General Stock Price Index in Chile in two economic cycles (2007-2011 and 2014-2018) and their relationship with the assumed diversification strategy. The sample consists of a panel data of 65 companies for the case of the economic recession cycle (2007-2011) and 52 companies for the economic growth cycle (2014-2018). Among the most noteworthy results, it is evident that companies that adopt an unrelated diversification strategy during a cycle of economic instability have better average results in the indicators analyzed. On the other hand, companies that adopt a concentration strategy during periods of economic growth have better average results in their financial performance indicators.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Chile]]></kwd>
<kwd lng="es"><![CDATA[ciclo económico]]></kwd>
<kwd lng="es"><![CDATA[desempeño financiero]]></kwd>
<kwd lng="es"><![CDATA[diversificación]]></kwd>
<kwd lng="es"><![CDATA[empresa]]></kwd>
<kwd lng="es"><![CDATA[estrategia]]></kwd>
<kwd lng="en"><![CDATA[Chile]]></kwd>
<kwd lng="en"><![CDATA[economic cycle]]></kwd>
<kwd lng="en"><![CDATA[financial performance]]></kwd>
<kwd lng="en"><![CDATA[diversification]]></kwd>
<kwd lng="en"><![CDATA[business]]></kwd>
<kwd lng="en"><![CDATA[strategy]]></kwd>
</kwd-group>
</article-meta>
</front><back>
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