Modelos financieros en la prevención de quiebras empresariales, para el sector florícola de la provincia de Cotopaxi, cantón Latacunga

The present investigative work describes the different financial models for the prevention of corporate bankruptcies and their evolution over the years. The model most used and that has generated greater confidence in entrepreneurs is the Altman Z Score model, which works based on multiple discriminant analysis, its acceptability is due to its ability to adapt to all types of companies whether they are; manufacturers that quote or not on the stock exchange and for non-manufacturing companies, whose purpose is to determine the bankruptcy or not of the companies that apply this model. In the development of this research will apply Altman financial model Z1 Score that is used for manufacturing companies that are not listed on the stock exchange, the flower sector of the province of Cotopaxi, Latacunga City with a total of 32 companies between active and inactive, the two prototypes of companies are analyzed, in this way, with the inactive ones, the effectiveness of the model will be checked and with the active ones the financial situation of the companies will be analyzed so that the floriculture businessmen can be alerted to take the corrective necessary both internal and external to improve the situation of their companies and can avoid bankruptcy. The methodology used is quantitative, a financial analysis is carried out with the indicators proposed by the model, the application was made using the Microsoft Excel program, through which information was entered, calculation of the model and obtaining results. , through the scorecard designed by Altman companies will be classified into three zones: safe zone, gray zone and bankruptcy zone, for the hypothesis testing the final result of the model will be used, the hypothesis is accepted if the result it is greater than or equal to 72%, and the respective conclusions and recommendations are presented. By applying financial models for corporate bankruptcy prevention to each of the companies, it was possible to contrast the main weaknesses and strengths as well as to know their critical points, in which the companies must work to avoid falling into bankruptcy, in this way it was possible to provide To the floriculture businessmen a broad point of view of the financial situation of their companies, with the purpose that they can take the best decisions to keep their companies active and endure over time, generating value.