Co-operative organizations have a unique property and decision rights distribution system that involve management problems and transaction costs. Such structure creates equity rights and risk transfers that directly affect these organizations' self-management efficiency. This paper analyses...

Credit unions generate surpluses over their operations by the difference between rates charged less cost of services and / or the difference between rates paid and charged in the operations of financial intermediation between their members. In this context, there are important management...

Brazilian cooperatives can be analyzed from different perspectives as in relation to the economic nature of its member's interaction, as in regards to the system of representation which they participate. In relation to the productive segment of the cooperative, the Organization of Brazilian...

This paper aims to verify how companies formalise the decisions and control on long-term investments. In particular, an analysis of the published literature reveals a relevant gap between the strategic and financial perspectives in addressing this issue, and Agency Theory was proposed as a...