Portal de Periódicos da CAPES

Artigo Acesso aberto Produção Nacional Revisado por pares

BIBTEX RIS

Evitar Divulgar Perdas: Foi Uma Estratégia Utilizada na Última Década pelas Cooperativas de Crédito Filiadas ao Sicredi?

2015; UNIVERSIDADE FEDERAL DE SANTA MARIA; Volume: 2; Issue: 3 Linguagem: Inglês

10.5902/10.5902/2359043216336

2446-7103

Valéria Gama Fully Bressan, Aureliano Angel Bressan, José Marcos da Silva Júnior,

Banking stability, regulation, efficiency

This study evaluated whether credit unions affiliated to the SICREDI Cooperative Credit System used earnings management as a strategy to avoid disclosing losses. Earnings management has emerged as a relevant issue the international and national literature, and is even more striking in the case of financial institutions, since its consequences can negatively impact the entire structure of the financial system. The sample was composed of 118 individual credit unions, covering 99.16% of the population from 2001 to 2010. The results indicated that there is evidence of earnings management, related to not report losses in credit unions affiliated to SICREDI in half year reports, and especially in annual reports. It was also noted that 76% of these cooperatives sought to avoid disclosing negative results since the results divided by the volume of loans are concentrated around zero in the positive range of the histogram. The results of this study corroborate the former perception of Brazil's Central Bank analysts, and the results for the Sicoob system found by Maia et al. (2013).