Analysis of the Financial Risks of Large Cuencan Companies in the Context of Covid-19

Risk management is essential to be able to anticipate possible unfortunate events. For this reason, the objective of this research is to determine the financial risks that Cuenca companies could incur within the context of COVID-19. The research is quantitative, have a correlational approach and the use the hypothetical-deductive method. For the development of the work, was considered the data presented by the Superintendency of Companies, Securities and Insurance for the period 2020, from large Cuenca companies. To establish financial risks and non-risks, Altman’s Z Score is used as a criterion for classifying financial risks. Additionally, a logistic regression model is estimated to identify the factors that can influence the financial risk of companies. The main results indicate that liquidity and portfolio rotation inversely influence financial risk, however, indebtedness directly affects the financial risk of Cuenca companies.

• المؤلف الرئيسي: Morales-Aucapiña, Pauleth Nathaly (author)
• مؤلفون آخرون: Tepán-Plaza, Andrea Vanesa (author), Coronel-Pangol, Katherine Tatiana (author), Peralta-Zuñiga, Marco Leonardo (author)
• التنسيق: article
• اللغة: spa
• منشور في: 2024
• الموضوعات: Administración Financiera; Riesgo Financiero; Grandes Empresas; Gestión de Riesgos; Risk Management; Financial Administration; Financial Risk; Large Companies
• الوصول للمادة أونلاين: https://revistas.ute.edu.ec/index.php/economia-y-negocios/article/view/1225