The return of surpluses by Brazilian credit unions: promotion to the individual economy of the member in detriment of its effective economic participation

  • Leonardo Rafael de Souza Colegio de Abogados de Santa Catarina
DOI: https://doi.org/10.18543/baidc-53-2018pp139-155
Keywords: cooperative society, surplus, destination, economic solidarity

Abstract

Unlike other business models, capital in cooperative societies has the role of guaranteeing the needs of its members and community in an instrumental way. That is why in every cooperative the economic character of capital must be observed in order not to corrupt the cooperative business model, including the interpretation given to the 3rd Principle of Members’ Economic Participation. However, when they allocate their surpluses, a large part of Brazilian credit unions opt to remunerate the member’s shares in society, preferring the formation of individual savings over collaborative funds that strengthen the enterprise itself. Therefore, the objective of this study is, mainly, to promote a principled reflection on the role of the surplus.

Received: 31 May 2018
Accepted: 10 October 2018
Published online: 21 December 208

Downloads

Download data is not yet available.

References

ALIANÇA COOPERATIVA INTERNACIONAL. 1996. Declaración de la Alianza Cooperativa Internacional sobre la Identidad Cooperativa aprobada en Manchester. Vitoria-Gasteiz: Consejo Superior de Cooperativas de Euskadi.

ALIANÇA COOPERATIVA INTERNACIONAL. 2015. Notas de orientación para los principios cooperativos. Antalya: ACI. Disponível em: http://ica.coop/es/notas-de-orientacion. Acesso em: 28 mai. 2018.

BACEN. 2017. Panorama do Sistema Nacional de Crédito Cooperativo. Brasília: Editoda do BACEN. Acesso em 30 de maio de 2018. Disponível em: http://www.bcb.gov.br/pre/microFinancas/coopcar/pdf/panorama_de_cooperativas.pdf.

BECHO, Renato Lopes. 2002. Elementos de Direito Cooperativo. São Paulo: Dilética.

BRASIL. Presidência da República. Lei Complementar n.º 130, de 17 de abril de 2009. Dispõe sobre o Sistema Nacional de Crédito Cooperativo e revoga dispositivos das Leis n.º 4.595, de 31 de dezembro de 1964, e 5.764, de 16 de dezembro de 1971. Disponível em http://www.planalto.gov.br/CCIVIL_03/leis/LCP/Lcp130.htm. Acesso: em 29 mai. 2018.

BRASIL. Presidência da República. Lei n.º 5.764, de 16 de dezembro de 1971. Define a Política Nacional de Cooperativismo, institui o regime jurídico das sociedades cooperativas, e dá outras providências. Disponível em http://www.planalto.gov.br/ccivil_03/LEIS/L5764.htm. Acesso: em 29 mai. 2018.

CRACOGNA, Dante; HENRY, Hagen; FICI, Antônio (Ed.). 2013. International Handbook of Cooperative Law. Berlin: Springer.

FUJI, Alessandra Hirano. 2004. «O conceito de lucro econômico no âmbito da contabilidade aplicada». Revista Contabilidade & Finanças. São Paulo, v. 15, n. 36, pp. 74-86.

HENRŸ, Hagen. 2013. Orientaciones para la legislación cooperativa. 2.ª ed. Ginebra: OIT.

MEINEN, Enio. 2016. Cooperativismo financeiro: virtudes e oportunidades. Brasília: Confebrás.

MIRANDA, José Eduardo de. 2012. De la crisis de identidad al rescate de la génesis del Cooperativismo. Madrid: Dykinson.

MIRANDA, José Eduardo de. 2017. Filosofía cooperativa. Curitiba: Juruá.

MÜNKNER, Hans-Hermann. 2013. «Worldwide regulation of co-operative societies – an Overview». Euricse Working Paper, Trento, v. 1, n. 053. Acesso em 28 de maio de 2018. Disponível em: http://www.euricse.eu/publications/wp-5313-worldwide-regulation-of-co-operative-societies-an-overview-2/.

PERIUS, Vergílio. 2001. «Tratamento do capital nas Sociedades Cooperativas Brasileiras». Boletín de la Asociación Internacional de Derecho Cooperativo: 2001 - El capital en las cooperativas. Bilbao, núm. 35, pp. 81-98.

PINHO, Diva Benevides. 1977. Economia e cooperativismo. São Paulo: Saraiva.

PORTAL DO COOPERATIVISMO FINANCEIRO. 2017. Conheça as maiores instituições financeiras cooperativas do Brasil. Disponível em: http://cooperativismodecredito.coop.br/2017/05/conheca-as-maiores-instituicoes-financeiras-cooperativas-do-brasil/. Acesso em: 30 mai. 2018.

SOUZA, Leonardo Rafael de. 2017. Cooperativas de Crédito: resoluções do CMN e os valores cooperativos. Curitiba: Juruá.

VARGAS VASSEROT, Carlos; GADEA SOLER, Enrique; SACRISTÁN BERGIA, Fernando. 2015. Derecho de las Sociedades Cooperativas: introducción, cons- titución, estatuto del socio y órganos sociales. Madrid: La Ley.

WORLD COUNCIL OF CREDIT UNIONS (WOCCU). 2015. Model Law for Credit Unions. Madison: WOCCU Press.

Published
2018-12-21
How to Cite
de Souza, Leonardo Rafael. 2018. “The Return of Surpluses by Brazilian Credit Unions: Promotion to the Individual Economy of the Member in Detriment of Its Effective Economic Participation”. International Association of Cooperative Law Journal, no. 53 (December), 139-55. https://doi.org/10.18543/baidc-53-2018pp139-155.
Issue
No. 53 (2018): Member economic participation
Section
Articles

The authors, by submitting their manuscripts to the International Association of Cooperative Law Journal, accept the conditions listed below on copyright and undertake to comply with them.

1. Assignment of rights

The Publisher (University of Deusto) retains the copyright for this publication.

The authors, by submitting their manuscripts to the International Association of Cooperative Law Journal (BAIDC), without signing any document of assignment, grant to the Publisher (University of Deusto), royalty-free, the distribution, public communication, and reproduction rights of their work subject of publication in the International Association of Cooperative Law Journal (BAIDC), whichever the media may be, now known or developed in the future, for educational and scholarly purposes including the permission to include it in the databases where this Journal is indexed.

2. Authorship

The authors must be the sole creators of the work or legally acting on behalf of and with the full agreement of all the co-authors.

Authors warrant that no permissions or licences of any kind have been granted or will be granted that might infringe the rights granted to the Publisher (University of Deusto).

The authors assume the responsibility for obtaining all the necessary licences for the reproduction in their manuscripts of any text, material or illustration coming from another author, institution or publication.

3. Copyright and Code of conduct

Authors warrant that their work is original; has not been previously copyrighted or published in any form; is not under consideration for publication elsewhere; its submission and publication do not violate the Ethical Guidelines of the BAIDC and any codes (of conduct), laws or any rights of any third party.

4. Dissemination under Open Access regime

Upon its publication, the content of any Issue of International Association of Cooperative Law Journal (BAIDC), can be accessed, read, downloaded, copied, and distributed freely for non-commercial purposes, without prior permission from the Publisher or the author; provided the original work is properly cited and any changes to the original are clearly indicated.

5. Reuse of the article by the authors

Authors retain the right to present, display, distribute, develop, and republish their work, as long as they clearly indicate in the first footnote that the work was published in International Association of Cooperative Law Journal (BAIDC), for the first time, indicating the Issue number, year, pages, and DOI (if applicable).

Legal notice

Any use of the content of the paper against the rules set above in any medium or format, now known or developed in the future, requires prior written permission of the copyright holder.

The liabilities that may arise from complaints for publishing plagiarised articles are the sole responsibility of the authors.