Estructura de capital de Cooperativas de Ahorro y Crédito listadas en el Mercado de Valores del Ecuador: 2017-2019

Abstract

Abstract:The present degree work performs the analysis and financial performance of eleven cooperatives listed in the stocked market; likewise it emphasizes its capital structure and specially in its way of leverage. An exploratory and descriptive research was applied to the collected data that was filtered until obtaining financial statements and indicators that allow us to analize its capital structure within the period studied, which is from 2017 to 2019. The result show that the stock market represents a viable alternative to obtain external financing and thus improve financial performance; indicators such as solvency, cost efectiveness, and transparency allow us to conclude that they are fundamental characteristics within the information obtained in the analized cooperatives. Primarily, the savings and credit cooperatives listed on the stock market have positioned themselves and evolved within the Ecuadorian financial system becoming important factors for the economic development of the community.