Canadian Center of Science and Education
A problem facing businesses today is lack of funding. The global economic situation, particularly the situation in the Spanish economy, has forced financial institutions to reconsider requirements for companies seeking external financing. The authors analyzed the relationship between various strategies and the results for certain strategic variables for Mutual Guarantee Societies (MGSs). After performing a factor analysis, three types of strategies were identified. Subsequently, cluster analysis allowed the user to group the MGSs into four clusters. The information obtained from this analysis suggests that MGS results are conditioned by their strategies.