| 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 decisions in both policies regarding the generation of those surpluses and their distribution. This paper analyzes and typifies the generation and distribution of surplus in rural credit cooperatives in the state of São Paulo. Thus, in the form of multi-cases, it analyses the financial information over five years of the seven largest rural credit cooperatives in São Paulo, regarding both the generation and the distribution of surplus. The distribution of surplus in cash to... |
