CARACTERIZACIÓN DEL GOBIERNO CORPORATIVO EN LOS HOSPITALES PRIVADOS DE AZOGUES-ECUADOR

Abstract

This research project focused on Corporate Governance and risk management in Azogues, Ecuador Private Hospitals. It is recognized that, in recent years, corporate governance has faced challenges due to the lack of regulation and oversight, which has generated problems such as corruption and financial mismanagement in companies. This work applied a methodology incorporating different research methods, including documentation, induction, and field research, with a quantitative approach. Relevant and opportune information was collected, permitting a transparent and objective assessment of budget management in private medical centers. The study proposes a model aimed at private hospitals to enhance their administrative and management capacity to maintain long-term competitiveness. Ecuadorian corporate governance is based on ideal premises adapted to the surrounding companies' needs, which affects management's transparency and reliability in the long term. Thus, this project offers a close look at how corporate governance influences the organizational performance of private hospitals in the city. Through good governance practices, these institutions achieve more success and benefits for the community. It was also determined that most institutions understand the concept and apply appropriate practices to ensure transparency and accountability. However, a significant group of hospitals must improve in strategic planning and social responsibility areas.