ANÁLISIS DE LOS FLUJOS DE EFECTIVO EN ACTIVIDADES OPERATIVAS, FINANCIERAS Y INVERSIÓN EN LA INDUSTRIA DE LA CONSTRUCCIÓN EN EL ECUADOR, PERÍODO 2009 - 2016

Abstract

This research analyzes the external aspects of the construction sector in Ecuador, from the year 2007 based on a policy of allocating financial resources for the improvement of social conditions of vulnerable groups. from 2013 payments exclusive budget items for reactivation of a demanding market infrastructure refurbishment of roads and housing were created, all this aroused the interest of entrepreneurs who started creating companies to offer construction services, however by concept portfolio have been freezing, generating companies having no bargaining power are obliged to offer their sales with payment flexibility. There is also a liquidity risk because the Ecuadorian State to be the main promoter of the demand for real estate, an alteration in income can cause a ripple effect in the sector, shrinking the economic development of the building and leaving the way those companies that do not have quotas to help them finance their operations until their accounts are cashed on credit.