Mudanças regulatórias no microcrédito e desempenho financeiro e social de cooperativas de crédito no Brasil

Santos, Ana Lucia Carvalho

doi:10.11606/t.12.2016.tde-27072016-151613

Cited by 3 publications

(7 citation statements)

References 50 publications

(108 reference statements)

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“…Cooperativism is a practice found in almost all primitive peoples, but the so-called modern cooperativism is attributed to the creation of the 1st cooperative (consumer) that occurred in 1844, in the English city of Rochdale, in response to the employment crisis caused by the Industrial Revolution (Burigo, 2006). Since then, credit cooperativism grew, especially in Europe, where this movement is stronger until today (Santos et. al., 2019).…”

Section: Credit Cooperativismmentioning

confidence: 99%

“…The solidary aspect of cooperativism (Pinho, 2004) also called the horizontalized segment (Alves & Soares, 2004), emerges within the cooperative movement based on social movements and on a logic of network action, with its service aimed at low-income segments, which is conventionally called solidary cooperativism (Santos et. al., 2019).…”

Section: Solidarity Credit Cooperativismmentioning

confidence: 99%

“…As for the productive and oriented microcredit (MPO), for these authors, it is the one directed to micro and small formal and informal enterprises and, in principle, it is not intended to finance consumption. The main characteristics of the MPO are: (i) the joint and several guarantee, which consists of peer monitoring among members of a group of borrowers jointly responsible; (ii) the analyzis and monitoring by a credit agent; (iii) the progressivity of loan amounts; (iv) the periodicity of payments and; (v) credit empowerment (Santos et. al., 2019).…”

Section: Cooperativism and Microcreditmentioning

confidence: 99%

“…This study is justified to the extent that, despite the representativeness of the credit cooperative segment in terms of number of institutions, in addition to its relevance ratified by the literature (Barreto, 2016;Burigo, 2006;Christopoulos & Gonzalez, 2017;Pinheiro, 2008;Pinho, 2004) and empirical studies (Confebras, 2020;FIPE/Sicredi, 2019;Sebrae/FGV, 2020) in relation to the provision of microcredit, is less relevant to other types of financial institutions (Santos, 2016;Santos et. al., 2019).…”

Section: Introductionmentioning

confidence: 96%

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Cooperativism and Microcredit: an analysis of the participation of cooperatives in the supply of microcredit in Brazil

Santos

Zaro

Oliveira

2022

RSD

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This study analyzes the participation of Brazilian credit unions in the provision of microcredit in the period from 2017 to 2019. The cooperatives belonging to the four main cooperative credit systems in the country were considered: Cresol, Sicoob, Sicredi and Unicred. To meet the proposed objective, a documentary research was carried out as from the survey of secondary data from official agencies, in addition to data from the financial and accounting reports of the analyzed institutions. The literature consulted points out that credit unions have a greater incentive to carry out solidarity credit and microcredit operations, given their social nature. The results presented evidence that the microcredit offer by the analyzed cooperative systems is not very significant, representing, on average, less than 10% of the total microcredit portfolio in the analyzed years. The main conclusion is that most Brazilian credit unions, with the exception of those that compose the solidarity segment, have not had a significant participation in the supply of microcredit. It is hoped that these findings can contribute to the development of policies capable of changing this picture, that is, that these institutions, considered by the literature as the ideal model of organization to operate microcredit, can potentialize actions towards a greater insertion in the supply of microcredit.

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Section: Credit Cooperativismmentioning

confidence: 99%

Section: Solidarity Credit Cooperativismmentioning

confidence: 99%

Section: Cooperativism and Microcreditmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 96%

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Cooperativism and Microcredit: an analysis of the participation of cooperatives in the supply of microcredit in Brazil

Santos

Zaro

Oliveira

2022

RSD

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“…The Brazilian Central Bank (BACEN) has stimulated this kind of organization due to its potential benefits which can make the financial system more competitive. The Grow Program, for example, promotes an expansion of their credit operations, increasing the number of their members, and reducing the average value of these operations (Santos, Barros, Takeda, & Gonzalez, 2019). Since 2003, the program has also allowed these credit unions to increase the number of their partners and use public funds, and it does not require them to maintain mandatory deposits, which promotes the expansion of their membership and their participation in the National Financial System.…”

Section: Introductionmentioning

confidence: 99%

Identificação de Ações Discricionárias do Gestor em Cooperativas de Crédito: Uma aplicação da Lei de Benford

Theodoro¹,

Bonacim

Costa

2021

CGG

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Objetivo: Investigar se a Lei de Benford poderia ser uma ferramenta que contribuiria para o aprimoramento do processo de supervisão das cooperativas pelo Banco Central do Brasil (BACEN). Isto é, se sua aplicação aumentaria a assertividade na identificação das cooperativas cujo gestor tem feito escolhas discricionárias que divergem do padrão regulatório. Método: A Lei de Benford foi aplicada a todas as cooperativas de crédito singulares do Brasil, no período 2006 a 2017 - janela com relevante mudança regulatória, para as contas de Receita Operacional, Despesa Operacional, Caixa e Perda Estimada para Clientes/Créditos de Liquidação Duvidosa em diferentes janelas de tempo. Relevância: As evidências discutidas oferecem elementos para aprimoramento de mecanismos de regulação, indicando a possibilidade de os gestores estarem utilizando de seu poder discricionário para influenciar os resultados das cooperativas de crédito singulares. Resultados: O tempo é um fator importante para o uso da ferramenta. Aplicações em períodos longos não capturam as discricionariedades dos gestores devido as potenciais acomodações das variações ao longo do tempo. A periodicidade anual permite à técnica capturar potenciais ações discricionárias nas contas estudadas. Além disso, a técnica se mostrou consistente para gerar uma lista de cooperativas que deveriam ter um processo de fiscalização e/ou averiguação mais intensa. Ainda, indica que os normativos editados em 2015 contribuíram para reduzir o incentivo ao gerenciamento de resultado e/ou fraude nessas organizações. Contribuições metodológicas: A pesquisa preenche a lacuna na literatura sobre cooperativas de crédito, dado que há poucos estudos sobre a prática de ações discricionárias nestas organizações incluindo escolhas contábeis, gerenciamento de resultados, fraude ou erros. As evidências encontradas podem ser um indício de ajuste das cooperativas de crédito ao padrão do setor em função da adoção das resoluções nº 4.434 e nº 4.454. A Lei de Benford também se mostra útil como ferramenta para seleção de amostras para auditorias, podendo aprimorar o trabalho dos órgãos de fiscalização.

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Implementación de un modelo score para el otorgamiento en una cartera de microcrédito

Ayus¹,

Hernández²,

Peña³

2022

Rect@

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RESUMEN: Las instituciones financieras buscan cada día reducir los costos operativos relacionados con el otorgamiento del crédito, para tal fin se desarrolla un modelo score que permita lograr dicho objetivo. Este trabajo utiliza las metodologías de la regresión logística y el análisis discriminante tomando como referencia una base de datos conformada por 469.996 clientes pertenecientes a la modalidad del microcrédito, de los cuales se tienen variables cualitativas y cuantitativas. El objetivo es encontrar el mejor modelo que permita tener la mejor estimación y que evidencie beneficios a la hora de tener un modelo score. Se concluye que la regresión logística es el modelo que mejor diferencia y pronostica los clientes buenos de los malos, logrando conseguir reducir el nivel de pérdidas esperadas.Palabras Clave: microcrédito, riesgo de crédito, probabilidad de incumplimiento y modelo score.ABSTRACT: Financial institutions seek every day to reduce operating costs related to the granting of credit, for this purpose a score model is developed to achieve this objective. This work uses the methodologies of logistic regression and discriminant analysis, taking as a reference a database made up of 469,996 clients belonging to the microcredit modality, of which there are qualitative and quantitative variables. The objective is to find the best model that allows to have the best estimate and that shows benefits when having a score model. It is concluded that logistic regression is the model that best differentiates and predicts good customers from bad ones, managing to reduce the level of expected losses.

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Mudanças regulatórias no microcrédito e desempenho financeiro e social de cooperativas de crédito no Brasil

Cited by 3 publications

References 50 publications

Cooperativism and Microcredit: an analysis of the participation of cooperatives in the supply of microcredit in Brazil

Cooperativism and Microcredit: an analysis of the participation of cooperatives in the supply of microcredit in Brazil

Identificação de Ações Discricionárias do Gestor em Cooperativas de Crédito: Uma aplicação da Lei de Benford

Implementación de un modelo score para el otorgamiento en una cartera de microcrédito

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