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Eficiencia financiera de las Cajas Municipales de Ahorro y Crédito (CMAC) del Perú en el periodo 2015-2021

Author

Listed:
  • Ricardo Gabriel Rossi Ortiz

    (Universidad Privada del Norte, Perú)

  • Ricardo Manuel Rossi Valverde

    (Universidad Privada Antenor Orrego, Perú)

Abstract

Este trabajo utiliza la técnica de tabla de decisiones con variables de entrada Morosidad, ROE, Z2 de Altman, y el grado de relación Morosidad-Z2 y ROE-Z2 para medir la eficiencia del desempeño financiero de las Cajas Municipales de Ahorro y Crédito (CMAC) en una muestra de seis entidades con activos superiores a S/2 billones (2 billones de Soles). Los hallazgos empíricos muestran que CMAC Huancayo, Arequipa, Cusco y Piura logran destacar en su desempeño financiero en 2015-2021, mientras que CMAC Trujillo logra superar el 50% de eficiencia, pero CMAC Sullana es alarmantemente ineficiente. El modelo propuesto proporciona un enfoque integral y pragmático para medir la eficiencia del desempeño financiero de estas microfinancieras, lo cual ha sido una limitante superada por la presente investigación. Entre las conclusiones se destaca que es importante conocer el nivel de eficiencia del desempeño financiero de las CMAC para identificar aquellas con las mejores prácticas en un entorno altamente competitivo.

Suggested Citation

  • Ricardo Gabriel Rossi Ortiz & Ricardo Manuel Rossi Valverde, 2023. "Eficiencia financiera de las Cajas Municipales de Ahorro y Crédito (CMAC) del Perú en el periodo 2015-2021," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 18(1), pages 1-20, Enero - M.
    • Handle: RePEc:imx:journl:v:18:y:2023:i:1:a:8
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Caja Municipal; microfinanzas; eficiencia; morosidad; rentabilidad sobre el Patrimonio; Modelo Z de Altman; activo total; competitividad;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • C29 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Other
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • D18 - Microeconomics - - Household Behavior - - - Consumer Protection
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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