Examinando por Materia "Efecto causal"

Mostrando 1 - 1 de 1
  • No hay miniatura disponible
    Ítem
    Análisis del impacto en la industria de fondos de inversión colectiva en Colombia a partir de la caída de Interbolsa
    (Universidad EAFIT, 2021) Toloza Camacho, Ervin Yesid; Brijaldo Villalobos, Jorge Alejandro; Ospina Mejia, Jaime Alberto
    At the end of 2012, the company Interbolsa S.A, the largest broker at that time in Colombia, went bankrupt. This fact triggered one of the biggest scandals in the country, affecting the pillars under which the financial system's relationships are theoretically based, and showing the risks faced by both investment management companies and clients who entrust their money through financial products that are highly regulated by states entities, which, they are must to supervise and take action when unethical practices are evidenced that may lead to a loss of credibility on the part of users. Through an impact evaluation methodology known as Synthetic Control, this document estimates the causal effect of the liquidation of Interbolsa on the mutual funds industry in Colombia, a financial product that in recent years has had an important boom in Iberoamerica, since in addition to encouraging savings and investment, it promotes the democratization of capital markets, which drives economic growth through companies that come to this market to finance their investment projects.