FACTIBILIDAD DE LA EMPRESA FUSIÓN DE EMPRESAS ECUATORIANAS COMERCIO S.A. Y SERVICIOS S.A

Abstract

The purpose of this article is to determine the financial feasibility of the merger between the entities COMMERCE S.A. and SERVICES S.A. whose managers seek to create value for shareholders, improving corporate efficiency through synergies between entities. In order to apply this reorganization strategy, its impact on the legal, fiscal, economic and accounting areas was studied, with emphasis on the Business Combination issues for its realization according to the acquisition method based on IFRS 3, section 14 of accounting, starting from a situational diagnostic that allowed to observe the economic reality of the operation and to identify that the entity that to be acquired will be COMMERCE SA, until its recognition and measurement of the gain for purchase. Through the analysis of projected values, the economic and financial viability of SERVICOM S.A. as an entity resulting from the merger. Together they present an adequate and diligent proposal of evaluation, planning and execution of pre- and post-merger, for a favorable decision making of the investors. The pre-merger and post-merger analysis ensure the decision to invest as the managers or owners acquire a net economic benefit of USD 18,714 and the possibility of increasing productivity and financial efficiency.