2 resultados citaram: Bancos versus cooperativas de crédito: um estudo dos índices de eficiência e receita da prestação de serviços entre 2002 e 2012

Abstract Purpose: This study aims to analyze the integration of environmental, social, and governance (ESG) practices into the strategies of credit unions (CUs). Originality/value: The originality of this research lies in understanding the integration of ESG practices into strategy in Brazilian CUs. Developing a sustainability strategy within CUs takes into account governance impacts and meets the strategic demands of stakeholders. Design/methodology/approach: A qualitative research approach was adopted to examine the integration of ESG practices into strategy. The research method used was grounded theory. Nineteen managers from singular, central, and confederation CUs identified as belonging to the five CU systems in Brazil were interviewed. The interviews were transcribed, and content analysis was conducted to understand how Brazilian CUs are incorporating ESG practices into their strategic actions. Findings: The study identified the internal and external conditions, constitution, and effects of integrating ESG practices into the strategies of Brazilian CUs. Eight conditioning factors, 11 constitutive factors, and nine identified effects were found. This analysis enabled the exploration of the actions/interactions that constitute the integration of ESG practices into strategy. The emerging effects resulting from these actions and interactions and the impacted factors and their consequences were also listed. Contribution/implications: By presenting the conditioning factors, constitutive elements, and emerging effects of ESG practices integration into strategy within the context of Brazilian CUs, this research enriches academic knowledge on the subject. It also provides valuable insights for stakeholders (monetary authorities, CU managers, members, etc.) and offers information that can help CUs enhance their strategic action and implementation processes regarding ESG practices.

Purpose The purpose of this paper is to evaluate the efficiency in financial intermediation and the cost efficiency in banking service of credit unions in Brazil, based on essentially accounting variables, and to analyze the temporal evolution of the efficiency of these cooperatives. Design/methodology/approach With a sample of 315 cooperatives over the period from 2007 to 2014, this research uses a two-stage process: application of regression models with panel data to verify which variables are related to the defined outputs, with the reduction of 31 variables to 8 variables in both models; and application of the data envelopment analysis method to obtain an analysis of credit unions’ efficiency. Findings The results demonstrate a high level of efficiency in financial intermediation, with low variation over time, associated with a low efficiency in the banking service, in which few cooperatives have remained efficient over time. In addition, the cooperatives with highest efficiency in financial intermediation were also the most efficient in providing services. Research limitations/implications This research has some limitations about the capacity of the proxies used to capture the real effect of the variables and assumptions of economic relations resulting in restrictions to generalize the results. Practical implications Cooperatives are usually analyzed under just one dimension. By separating the analysis into financial intermediation and banking services, cooperatives that are more efficient in each dimension can be identified, in addition to analyzing the evolution over time. The authors found that efficiency tends to be lower in banking services, and few cooperatives remain at the highest level of efficiency over time in both models. Social implications Credit unions provide an important service in the banking and credit market. Therefore, understanding its operation and the characteristics that influence its efficiency allows a better management of the cooperatives themselves and a greater understanding of this important segment of the financial market.