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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Pedro Pablo Calderon-Camacho, Celina Gaitán-Maldonado, Nicolle Valentina Herrera-Pinto, Mario A. Ramos-Veloza
Franky Juliano Galeano-Ramírez, Nicolás Martínez-Cortés, Hernán Dario Perdomo-Sánchez, Marlon Salazar
Catalina Granda-Carvajal, Jesús Enrique Morales-Piñero

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