Impacto de la pandemia COVID-19 en el desempeño financiero de las empresas turísticas, transporte y comercio de la provincia de Orellana - Ecuador

Abstract

Abstract: The aim of this study is to analyze the impact of the Covid-19 pandemic on the financial performance of tourism, transport and trade companies in the province of Orellana - Ecuador. This work allowed, through the analysis of the information in the financial statements, to discuss the business situation experienced in 2020. The research is descriptive, in order to explore this issue that has not been studied in depth and is fundamental for these sectors. In addition, the methodology applied is causal, the quasi-experimental method was used to evaluate the impact. A comparison was made of what would have been expected in terms of profitability under normal conditions and under the COVID-19 pandemic conditions. Once the indicators have been analyzed, a positive impact was observed for the trade sector, but on a small scale; as for the transport sector there was an evidence of a negative impact on the financial indicators measurement; as for the tourism, the Impact was not very significant, due to the lack of information, because the present tourism is of community type. To solve these emergencies, indebtedness was resorted to, an adequate administration of cash was used as a management strategy, in order to maintain the companies and safeguard the existing sources of work.