Gerenciamento de resultados e eficiência: um estudo nas cooperativas de crédito filiadas ao sistema Unicred

Abstract

In this paper we verify if credit unions incur in the practice of earningsmanagement in order to avoid spreading losses. In addition, we analyze the relationship between efficiency and this type of earningsmanagement in these institutions in order to understand the adoption of these practices for strategic purposes. For this, the chi-square test was used in a sample composed of 90 observations related to the cooperatives linked to the National Confederation of Unicred's Central Cooperatives (UNICRED), from 2009 to 2014. The results indicated that there is a relationship between the earningsmanagement to avoid spreading losses and efficiency scores in credit unions. The efficiency range that most managed its results in order to avoid disclosing losses was that of efficiency in the middle range, which could indicate that the most efficient credit unions would not need to manage their results and that the less efficient credit unions would not have any kind of benefit when adopting such practice.