Práticas de governança corporativa adotadas pelas cooperativas de crédito no Brasil

Abstract

This research had the objective of analyzing the adherence of the corporate governance practices adopted by credit cooperatives in Brazil to the BACEN recommendations. The methodology is based on a structured questionnaire based on the Corporate Governance Manual: Guidelines for Good Governance Practices in Credit Cooperatives, provided by the Central Bank of Brazil. The questions were collected through information provided on cooperative web sites and available reports. All questions were analyzed individually and then subjected to statistical analysis using Excel software. The results obtained through the questionnaire show results of the characterization of credit cooperatives by Brazilian region, with the South region having the most credit cooperatives analyzed, and the north region has no credit cooperatives analyzed. Among the 100 largest credit unions in Brazil analyzed, only 61 had information available through a web site. In the ranking of Brazilian credit cooperatives adopting corporate governance practices, it was found that 6 cooperatives had a better use of Corporate Governance, obtaining a score of 92.8%, but none of the 6 cooperatives is among the 10 largest active cooperatives , equity and credit volume made available by Bacen with a database of 2016. The lowest performance was 14.2%, a result much lower than the first ones and the general average. In the overall classification, the cooperative that was in the third last place ranks fourth in the Bacen ranking. Regarding the practices adopted by credit cooperatives, these were divided into 4 dimensions such as Representation and Participation, Strategic Direction, Executive Management and Supervision and Control. The results of the general average were all above 60.0, but when analyzed individually, there were cooperatives of 4 dimensions, zeroed in 3 dimensions, in the representativity and participation the general average was 68.2%, strategic direction had 68.2 % of utilization being these two first ones the worst means, executive management had use of 74.92% and control and control with 85.2% of use, having the best score of the index.