Implementación del sistema de negociación bursátil de cheques posfechados como alternativa de financiamiento para las pymes en el Ecuador

Abstract

This paper researches, under legal suppositions, the possibility of implementing the negotiation of “postdated” checks in the ecuadorian securities market, as an alternative of acquirement of financial resources for the production of goods and services of the Small and Medium Companies, PYMES (spanish). Results of an analysis performed on the PYMES sector evidenced problems of accessibility to bank credits, barely 12% of the financial system loan portfolio are commited to finance small companies of the real sector; hence, the new option is studied using “datos de corte transversal” with Descriptive statistics, Delphi Method y cost-benefits, concluding that the alternative proposal should not be rejected.