RATES - Reserveof brazilian cooperatives for members: is there an incentive for its realization?

DOI: https://doi.org/10.4025/enfoque.v39i3.45938
Keywords: Reserve; Return; Member Principles.

Abstract

Two of the principles of cooperativism that shape the nature and functioning of cooperatives are highlighted in the present research: the Principle of Education, Training and Cooperative Information; and, Principle of Concern with the Community. These principles corroborates the social objective of cooperatives. Brazilian Law No. 5,764 / 71, establishes the creationt of the Technical, Educational and Social Assistance Fund (FATES-RATES) for cooperative, which is a compulsory fund, for the provision of technical assistance, educational and social support to members and their families. However, the inexistence of legal determinations on the realization of RATES has caused an increase of such fund in some Brazilian cooperatives. Therefore, the objective of the research is to analyze and discuss the possible factors and consequences related to the reduction of the use of resources linked to the RATES in Brazilian cooperative societies. The research methodology is deployed in a quantitative analysis of the data of the cooperatives listed in the edition of the 400 Best and Largest in the agricultural sector, published by Exame 2016 Magazine and in the analysis of 21 interviews with stakeholders involved in the process of constitution and realization of RATES. The data show that in 76% of the cooperatives of the sample there are values of constitution that exceed the values of implementation. According to the interviewees, RATES cease to be realized because it makes up the working capital of the cooperative, due to insufficient cash flow, and its values are financing inventories, fixed assets and investments of cooperatives.

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Author Biographies

Paola Richter Londero, Professora da Faculdade de Tecnologia do Cooperativismo (ESCOOP); e, Doutoranda da Faculdade de Economia, Administração e Contabilidade da Universidade de São

Mestre em Controladoria e Contabilidade

Professora da Faculdade de Tecnologia do Cooperativismo (ESCOOP); e, Doutoranda da Faculdade de Economia, Administração e Contabilidade da Universidade de São Paulo (FEA/UPS)

Luana Zanetti Trindade Ferraz, Professora da Faculdade de Negócios Metropolitana

Doutora em Controladoria e Contabilidade

Professora da Faculdade de Negócios Metropolitana

Ariovaldo dos Santos, Faculdade de Economia, Administração e Contabilidade da Universidade

Doutor em Controladoria e Contabilidade

Professor da Faculdade de Economia, Administração e Contabilidade da Universidade

Published
2020-09-29
How to Cite
Londero, P. R., Ferraz, L. Z. T., & dos Santos, A. (2020). RATES - Reserveof brazilian cooperatives for members: is there an incentive for its realization?. Enfoque: Reflexão Contábil, 39(3), 19-36. https://doi.org/10.4025/enfoque.v39i3.45938
Issue
Vol 39 No 3 (2020): Enf.: Ref. Cont.
Section
Original Articles

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