INFLUENCE OF FINANCIAL FACTORS ON THE OUTCOMES OF ACCREDITATION PROCESSES IN CHILEAN UNIVERSITIES

Institutional accreditation processes are a strategic element for the sustainability of universities, as they help validate their operations, ensure student access, and facilitate the acquisition of financial resources. Various factors influence the success of these processes, including financial variables. The main objective of this study was to analyze the influence of financial variables on the achievement of a greater number of institutional accreditation years in Chilean universities, highlighting the relevance of the operating margin and total assets. Based on the analysis of a sample of 53 higher education institutions in 2023, an ordinary least squares (OLS) regression model was employed, which revealed the importance of the operating margin and total assets in accreditation outcomes. The study concludes that strong and efficient financial management exerts a positive impact on achieving a higher number of institutional accreditation years.