A Quantitative and Qualitative Analysis of the Banco del Pacífico and CFN Financial Models: A Case Study of Shrimp Exports
DOI:
https://doi.org/10.25097/rep.n41.2025.03Keywords:
financial evaluation, time series, bibliometric analysis, discounted cash flow, aquaculture, Bank loansAbstract
Shrimp and prawns, Ecuador's leading non-oil export product, need the support of public funds loans, which need to improve their credit-granting processes. This study externalizes the two non-conformities during investment project evaluation. The first concerns the expected benefits and cost projections against the time-series analysis and EBITDA of this proposal. The second bias arises when comparing two bibliometric analyses of the co-occurrence of terms used in quantitative evaluation for leveraging investment projects between 2016 and 2020, between one hundred affiliated open-access Latin American scientific documents and 150 international articles on cash flow models. Not considering WACC and working capital management within the framework analysis led to significant deviations in key business viability metrics such as NPV and IRR. There was a discussion on the sustainable practices of the Ecuadorian shrimp sector.
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