This paper investigates the use of earnings management by cooperatives to avoid reporting losses or earnings decreases. Based on a unique dataset comprising quarterly financial statements reported by 66 Brazilian agricultural cooperatives between 2000 and 2015, our results show that cooperatives...

Purpose: From 2006 to 2016, Brazilian agricultural cooperatives exhibited a sharp increase in sales. Since the operational cycle of these organizations demands a positive net working capital that is usually funded by debt, the authors examine whether this rise in sales was obtained at the cost...

In each of the productive chain links, finding viable strategies for risk mitigation is not a trivial task. Usually, generic strategies are adopted to reduce risks, such as diversification of crops and/or strategies aiming at transferring or diluting risk through futures contracts and insurance....

This article discusses agribusiness market risk management, the influence of agribusiness cooperatives on this practice and assesses the portfolio of agricultural production commodities in the Brazilian state of Paraná regarding the risk-return relation. Through outlining an efficiency...