Estrategias para optimizar los recursos económicos y financieros de la Empresa Pública de Vialidad IMBAVIAL, de la ciudad de Ibarra, provincia de Imbabura.

Abstract

The current research was aimed to design financial strategies to optimize the economic and financial resources of the Imbavial Highways Public Company. The study was based on an epistemological orientation with a qualitative-quantitative approach, the population was 100 Imbavial public company officials, in addition the financial statements of 2015 and 2016 periods. In this study, we used data gathering techniques such as: interviews and semi-structured surveys which were applied to the legal representative and officials of the Imbavial Public Company. The chi square test was applied in order to verify the hypothesis raised in this research, obtaining as a result 26.12 of acceptance level, so it is determined that the implementation of financial strategies affect the optimization of economic and financial resources of the Imbavial public company. It is concluded that by carrying out the situational diagnosis of the company, the lack of budgetary control was clear since the executed levels represent 24 and 25% in 2015 and 2016 in relation to the allocated budget, as well as the level of compliance with the contracts is low which has a strong impact on profitability indicators. It is recommended that IMBAVIAL as a public company must have a clear mission and vision of the financial area, defining measurable financial objectives based on the business activity developed. Also, it is recommended to the managerial and administrative levels to carry out continuous controls in order to verify the fulfillment of budget execution according to the sector to which the company belongs, with the aim to improve the budget management levels and the resource optimization.