Valor econômico em cooperativas agroindustriais: um estudo multicaso

Abstract

In the contemporary 150 countries operate cooperatives, economically democratic organizations, composed of people who have common interests, providing services to cooperative members, and non-profit. Total 3 billion organizations with 1.2 billion cooperative members, a number that is increasing year after year. However, it was seen the need to allocate more assertively its available resources in order to increase its assets, which should be distributed among the cooperative members and future investments, from there, the present work aims to evaluate which of the two Agroindustry Cooperatives Alfa and COAMO added or destroyed value to their shareholders using the EVA methodology, in order to achieve the proposed objective will be used a time series from 2015 to 2019 , having as a methodological tool a performance indicator called Economic Value Added (EVA). After the application of the research, the results obtained were that among the five years studied, the Alfa cooperative created value for its associates for four years, destroying value only in 2018 (-17,391,174), while COAMO created value in all the years studied. Showing that the COAMO Cooperative had a higher economic and financial performance in relation to Alfa.