Financial sustainability and bankruptcy of the organizations of the Popular and Solidarity Economy, El Oro province
DOI:
https://doi.org/10.55204/trc.v3i1.e176Keywords:
Insolvency, failure, Altman Z-score model, vulnerabilityAbstract
The objective of the research was to analyze the relationship between financial sustainability and the probability of bankruptcy of the organizations of the Popular and Solidarity Economy. It was developed through a non-experimental study of a descriptive type, with a mixed approach. The study population was made up of the organizations of the Popular and Solidarity Economy, registered by the Superintendence of Popular and Solidarity Economy in the period 2018-2021. In this line, the information from the financial statements was used to simultaneously apply the financial sustainability assessment models of Andrés and the probability of bankruptcy proposed by Altman. Applying the first model, it was found that no sector is exempt from vulnerability. While, with respect to the application of the Altman model, it was determined that the sector with the highest probability of bankruptcy is the associative one. Following this, the two models under study were compared and it was evidenced that when analyzed by sectors they show similar results, but when applied by groups the results are contradictory.
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Copyright (c) 2023 Erika Cristina Cobos Salinas, Franklin Yovani Malla Alvarado, Lenin Ernesto Peláez Moreno, Silvana Elizabeth Hernández Ocampo, Maritza Jackeline Peña Vélez, Germania del Pilar Sarmiento Castillo
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