Funding Structure and Financial Performance. Empirical Study in Savings and Credit Cooperatives of Segment 1 in Ecuador

This research, applied to savings and credit cooperatives (COAC) in segment 1 of Ecuador, aims to analyze the relationship between funding structure and financial performance in a period prior to the start of the COVI-19 pandemic. For this purpose, the Panel Corrected Standard Errors Estimator (PSCE) was used. The information was obtained from the Superintendence of Popular and Solidarity Economy of Ecuador (SEPS) and from the websites of each COAC, generating a database composed of three matrices: the first related to the funding structure, the second with the characteristics COAC and the third with macroeconomic variables. The main results point to a positive, but not statistically significant, impact of wealth on financial self-sufficiency. On the other hand, it was shown that the financial resources of the public with higher cost negatively influence the performance of the COACs, suggesting the need for a less onerous funding structure for the cooperatives.

• Главный автор: Oñate-Paredes, Carlos Andrés (author)
• Другие авторы: Noboa-García, Alfredo Paúl (author), Lima, Roberto Arruda de Souza (author), Verdugo-Morales, Nathaly Paulina (author)
• Формат: article
• Язык: spa
• Опубликовано: 2022
• Предметы: Cooperativas de Ahorro y Crédito; Microfinanzas; Economía popular y solidaria; Estructura de fondeo; Estimador de errores estándar corregidos para panel; Saving and credit cooperatives; Microfinance; Popular and solidarity economy; Funding structure; Panel corrected standard errors estimator
• Online-ссылка: https://revistas.ute.edu.ec/index.php/economia-y-negocios/article/view/1070