Aplicación de los modelos de gestión PERLAS y CAMELS en la Cooperativa de Ahorro y Crédito Educadores de Chimborazo Limitada para determinar la rentabilidad, período 2016 – 2019..

Abstract

This research aims to apply the financial management methods PERLAS and CAMELS to the Cooperativa de Ahorro y Crédito Educadores de Chimborazo Limitada to determine the profitability in the 2016 – 2019 period. For this purpose, scientific, analytical, and correlational research methods were developed with mixed qualitative and quantitative research approaches. The theoretical bases on the cooperative movement in Ecuador and its evolution in recent years were also developed, as well as the importance of financial analysis that allows for the timely diagnosis of the shortcomings of a financial institution and the application of corrective measures on time, The PERLAS and CAMELS financial management models were applied, which resulted in the Cooperative complying with the requirements established by the local control entity by maintaining a Patrimonial Sufficiency above 100%, that is, covering the risks of the daily activities of the Institution, Solvency, and Liquidity with sufficient sources of funds to satisfy the current and anticipated liquidity needs of its members. 14% in 2017, 0.73% in 2018, and 3.51% in 2019 is still unsatisfactory and requires effective actions to improve this ratio. The hypothesis was tested through Pearson's correlation coefficient with a ratio of 0.99 between the profitability dependent variable and the financial management independent variable; comparing the two models it was concluded that PERLAS is the adequate financial management method to evaluate the Cooperative since CAMELS presents some weaknesses among them the fact that it does not evaluate the financial structure of the balance sheet. It was recommended in the opening of new lines of financial products and services to improve profitability in the following years.