CONTENTS

1.- A Crisis-Adjusted Valuation Model for Financial Firms: Empirical Evidence from Mexico during COVID-19.
Erik Huesca Burela. pp. 1-17

2.- Impact of Stock Market Liquidity on Economic Growth: Evidence from BRICS Countries.
Samuel Mongrut, Vivian Cruz, Roberto Castillo, Pilar Álvarez Franco. pp. 18-44

3.- Impact of Different Types of Bank Credit on Economic Growth in Mexico: A VAR and SVAR Analysis (2011–2022).
Christian Bucio Pacheco, Fernanda Santiago Villar, Javier Lapa Guzmán. pp. 45-78

4.- Sustainability Practices in Latin America: Does ESG Reduce the Cost of Capital?
Martha Alicia Rodríguez Arocha, Carlos Alberto Vargas Castolo. pp. 79-105

5.- Exploring Interest Rate Dynamics on Real Option Valuation for Private Equity.
Luisa Alejandra Vilches Murillo, Iván Adolfo Valdovinos Hernández. pp. 106-122

6.- Analysis of the Economic Factors Influencing Consumer Loan Delinquency in the Ecuadorian Private Banking Sector, 2020–2023.
Pamela Zavala López, José Yuquilima Chitacapa, Yanice Licenia Ordóñez Parra, Geovanny Zamora Zamora. pp. 123-149