Suchergebnisse

The following research had as its main objective the analysis of the internal control of government trusts managed by the universal banks in the Maracaibo municipality. The type of research was defined as an applied descriptive and field study. The design of the research was classified as non-experimental. The population and sample was constituted by the six (6) major Venezuelan universal banks during the 2006 – 2007 period. For the data collection an analysis matrix was applied to the six (6) major universal banks, the same being validated by five (5) financial experts. The reliability of the instrument was calculated with the Alfa Cronbach formula, giving a coefficient of 0.87. The analysis of the results showed that within the internal control objectives there must exist and be implemented a practice that entails the establishment of effective controls in the management of the trusts, the guidelines to the winning of the trusts, which generally are not fully complied with. The procedures are not applied exactly as the manuals require. The lack of application of the operating rules, established within the legal framework, delay the application and response time to the clients, and as a consequence create a high level of inefficiency; though the personnel is fully aware of the policies of the institutions to which they belong. The organizational structure observed is adapted to the requirements of its clients, as to the strategies there exists a contradiction regarding the response time, and which delays to some extent the payments of the government trusts. ; La siguiente investigación tuvo como objetivo general Analizar el Control Interno de los Fideicomisos Gubernamentales Administrados por la Banca Universal en el Municipio Maracaibo. El tipo de investigación se tipifico como descriptiva aplicada y de campo. El diseño de la investigación se clasifico como no experimental. La población y muestra con la que se trabajó esta constituida por los seis (6) principales bancos universales venezolanos durante el período 2006-2007. Para la recolección de los datos se utilizo una matriz de análisis aplicada a los seis (6) principales bancos universales, siendo el mismo validados por cinco (5) expertos en el área de finanzas. La confiabilidad calculada del instrumento a través de la formula Alfa Cronbach, obtuvo un coeficiente de 0,87. El análisis de los resultados se observó que dentro de los objetivos de control interno debe existir e implementarse una práctica que conlleve al establecimiento de controles efectivos en la administración de los fideicomisos, los lineamientos para llevar a cabo la captación de fideicomisos, generalmente no se cumple en su totalidad. Los procedimientos no se aplican exactamente como se presentan en los manuales. El desconocimiento de las normas operativas, establecidas en el marco legal, el cual retarda la aplicación y el tiempo de respuesta hacia los clientes, generando con ello, un alto nivel de ineficiencia; el personal conoce plenamente las políticas de las instituciones a la cual pertenecen. La estructura organizacional de se observó que se adapta a las necesidades de sus clientes, en cuanto a las estrategias existe una contradicción en cuanto al tiempo de respuestas, y retardan un poco los procesos de pagos de los fideicomisos gubernamentales.

This Commentary discusses the implications of merger control policy on merger activity in the banking sector, drawing on an analysis of the European banking sector during a period in which stricter merger policies were being introduced. It identifies several changes to the bank mergers taking place after the introduction of the stricter policies that are consistent with higher expected returns for shareholders and more procompetitive transactions. The evidence suggests that the new merger policy was successful in preventing mergers that are excessively anticompetitive, while it also led to banks' finding mergers that are expected to deliver greater efficiency.