Financial Soundness Index for the Private Corporate Sector in Colombia

Borradores de Economia
Number: 
898
Published: 
Classification JEL: 
L25, G30, G32, C3
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

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Daniel Herrera-Araujo, Jorge Florez-Acosta
Luis Armando Galvis-Aponte, Adriana Marcela Rivera-Zárate
Diego Fernando Cuesta-Mora, Fredy Alejandro Gamboa-Estrada, Camilo Eduardo Sánchez-Quinto

This paper has as main objective to build a composite metric of nancial soundness for the private corporate sector in Colombia. Instead of relying on the individual and sometimes restrictive nancial ratio analysis approach, the purpose of this document