Health and epidemiology of the internal risk factors in the financial statements of the tourism sector in Colombia

Abstract

It was applied a statistical and epidemiological model of health to financial statements, analyzing the influence of internal risk factors in 150 companies in the tourism sector in Colombia. As global health indicators they were used cash flow of the present year, profit and loss and ownership equity, companies were classified into two groups (worse or better financial health) by the values in these indicators. Different variables of the financial statements were considered risk factors (for the group of companies with the worst financial health or sick) or protective factors (for the group of companies with the best financial health or healthy). The relative risk and odds ratio were computed to determine the influence of these factors.