“Análisis de la gestión financiera para organizaciones del sector textil de Economía Popular y Solidaria de Cuenca-Ecuador. Acciones para la sostenibilidad”

Abstract

This non-experimental, correlational research has a descriptive, qualitative, quantitative, and applied scope. Its objective was to analyze the financial management of organizations belonging to the Popular and Solidarity Economy in Cuenca, Ecuador, specifically in the textile industry, aiming to identify improvement areas promoting financial and operational sustainability. Data were collected through the administration of surveys to representatives and officials of 34 textile organizations registered with the Superintendency of Popular and Solidarity Economy, as well as a review of their financial statements. The study results showed a moderate positive correlation (rho=0.631) between financial management and the economic performance of these organizations. The specific hypotheses showed that the capacity for income generation and the implementation of economic models significantly impact financial management. Financial performance indicators showed significant variations during the study period, with a downward trend in 2020 due to the adverse economic context generated by the pandemic. The research determines that effective financial management, supported by solid financial training and the implementation of economic models, is a key factor in the sustainability of Popular and Solidarity Economy textile organizations.