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- Title
MODELO DE RIESGO CREDITICIO PARA LA EMPRESA FUNERARIA.
- Authors
Zapata, Claudia Patricia Vélez; Ramírez, Juan Alejandro Cortés; Blandón, Juan Camilo Mayama
- Abstract
The nature of the funeral enterprise presents particularities interesting for researching; to aboard its financial management from the commercialization of its prepaid services, allows knowing one of its particularities: the credit. The present article shows that the financial management of the funeral enterprise in the city of Medellín, Antioquia, doesn't consider systems or advanced techniques scientifically validated and on contrary the pragmatism and arises unknowing the probability of default of a client that have acquired previously a funeral service. To prove that is possible to model the credit risk on a funeral enterprise, the information of the corporate clients was obtained from one of the principals enterprises under the Logit model of regression. The final result gives an important contribution for the financial management of thin kind of enterprises, that because of its management, consequence of its tradition, have avoid models and methods like the calculation of credit risk in a credit business.
- Subjects
ANTIOQUIA (Colombia); FUNERAL industry; FINANCIAL management; COMMERCIALIZATION; BUSINESS models
- Publication
Revista Ciencias Estratégicas, 2009, Vol 17, Issue 21, p33
- ISSN
1794-8347
- Publication type
Article