Normative execution and prevention of risks in the non-financial sector: vision from Equator

Abstract

Introduction: This research analyzes the relationship between regulatory compliance and risk prevention in the non-financial sector of the Popular and Solidarity Economy (PSE) within the Guayaquil branch of the Superintendency of Popular and Solidarity Economy (SEPS). The study examines the gap identified between regulatory demands and the preparedness of officials responsible for supervising housing cooperatives, transportation cooperatives, and other associations. Materials and methods: A mixed-methods approach with an exploratory scope was employed. Theoretical methods (analysis-synthesis, induction-deduction) were used, and semi-structured interviews were conducted with 11 SEPS officials from the non-financial sector in the Guayaquil branch. Participation was anonymous and voluntary. Results: 100% of the officials valued risk prevention training as an essential component of professional performance, although 72.6% indicated that it is not sufficiently integrated into institutional practice. 81.1% felt prepared to face regulatory compliance challenges, while 18.9% acknowledged shortcomings. Discussion: The findings align with previous studies on the need for specialized training in risk management and with evidence that the diversity of organizations in the non-financial sector demands differentiated strategies. Conclusions: Both the limitations and strengths of SEPS officials in the non-financial sector are recognized, demonstrating a positive relationship between risk prevention and regulatory compliance. New work strategies that promote comprehensiveness, focused on risk prevention and the development of responsible professional citizenship, are needed, as well as future research that incorporates the perceptions of supervised organizations.