Artigo de Evento
Características do conselho de administração e análise do desempenho em cooperativas de crédito
Fecha
2018-07Registro en:
978-85-98571-17-1
Autor
Gustavo Henrique de Lima
Valéria Gama Fully Bressan
Davi Rogério de Moura Costa
Institución
Resumen
Resolution 4,434 / 2015 of the National Monetary Council established that the classic credit
unions that hold an average of the total assets in the last three fiscal years, equal to or greater
than fifty million reais, and the full credit unions, should adopt an integrated administrative
structure by Board of Directors and executive board subordinate to it, being prohibited the
simultaneous exercise of positions in the board of directors and in the board of directors, and should implement this structure in the first election of administrators, held from 2017.
Therefore, the present study was general objective is to analyze whether there is a duality
between the president of the cooperative and the chairman of the board of directors in Brazilian
credit unions, and what is the relationship between this structure of governance and the
financial performance of these cooperatives in 2015. For this purpose, model of multiple linear
regression of types cross-sectional area. It was verified that for the year 2015, it can not be
affirmed that the duality exerts influence on the performance of the Brazilian credit unions.
However, since the resolution prohibits the simultaneous exercise of positions, after 2017, the
discussion of whether duality affects performance is an emerging theme and demands further
research with a longer time horizon. In this context, this study helps in the discussion of how
regulatory policies can have an effect on cooperatives, as well as contribute to the discussion
of the governance structure by the credit unions themselves.