Análisis comparativo entre los modelos Z-Score y Beaver, como determinantes de quiebra en las empresas de alojamiento de Cuenca-Ecuador, ante el Covid-19

Abstract

This paper aims to identify how the application of Altman's multivariable and Beaver's univariable models to the financial statements of companies from the hotel sector, acts as bankruptcy prediction methods in view of the effects caused by Covid-19 in business and economic sphere, through the calculation and relationship of the most relevant financial indicators that have been exposed for more than forty years in these models, in order to compare not only their effectiveness but also the difference between their approach and application; additionally considering the empiric information from the interviews applied to some industry experts, who know about the healthy crisis experienced all around the world, and the possible permanent affection that the companies would be exposed to because of the external changes they faced and the internal ones that have been applied to go through the pandemic