Gestión del riesgo y su incidencia en el desempeño financiero de las cooperativas del segmento 1 de la ciudad de Latacunga periodo 2012 a 2016

Abstract

The purpose of this work is to analyze the incidence of risk management revealed by good management practices in the financial performance of 7 cooperatives in segment 1, which are located in the canton Latacunga, using as an evaluation mechanism 2 models as well as a correlation analysis focused on determining if the hypothesis is correct. In the first instance there is the Altman Z-Score model in its version 2 and the risk rating methodology (CAMEL), the correlation analysis is carried out between the results achieved in Altman's Z-Score model and the indicators ROA and ROE. Both methodologies incorporate qualitative and quantitative elements defined in the Basle I and Basle II Agreements for their analysis, the key element of the study is the financial information for the period 2012 - 2016, which is published on the website of the Superintendency of Economics Popular and Solidarity whose nature is of a public nature. From the analysis carried out, it is observed that the results of the 2 methodologies are not far from each other, while the best applied are the policies of comprehensive risk management, more efficient indicators are reached, this is also corroborated in the correlation study applied between the Z- Altman Score and the ROA and ROE indicators of the 7 entities analyzed