Incidencia del cash-flow en la probabilidad de quiebra en las empresas del sector G, de la provincia El Oro de Ecuador, períodos 2019 - 2023

Abstract

Abstract: The present research study aimed to analyze the impact of cash flow on the probability of bankruptcy in five companies belonging to Sector G in the province of El Oro, Ecuador, during the period 2019 2023. The methodology employed consisted of a non-experimental documentary design with a descriptive approach, since the behavior of the study variables was analyzed without their manipulation. The research was developed based on secondary information obtained from the institutional databases of the Superintendency of Securities and Insurance. A quantitative approach was applied, through which it was possible to assess, with statistical support, whether there was a significant association between cash-flow behavior and the probability of bankruptcy. To estimate the impact of cash flow on the probability of bankruptcy, the Altman Z-Score Model was applied, which made it possible to establish that cash flow had an indirect effect on the probability of bankruptcy of the five companies belonging to Sector G.