ARTÍCULO
TITULO

ECONOMIC AND FINANCIAL PERFORMANCE: RANKING CREDIT PICSOS IN SOUTHERN BRAZIL

Mara Vogt    
Fábio José Diel    
Larissa Degenhart    
Elisandra Henn Diel    
Fabricia Silva da Rosa    

Resumen

This study seeks to gauge the economic and financial performance of credit Public Interest Civil Society Organizations (PICSO) in Southern Brazil, establishing a ranking of the same. The research methods employed are characterized as descriptive and documentary, with a quantitative approach to data analysis. A study was carried out on microcredit PICSOs in the region, generating a sample composed of 22 such organizations during the 2012 year. The MOORA method was applied for data analysis. The results show that Credioeste attained first place in the ranking of organizational efficiency, while also last place in terms of the indicator Return on Equity (ROE), with a distance-to-zero index of 0.53. Garantioste scored zero in the Return on Assets (ROA) and Financial Dependence indicators, or, rather, the organization displayed the best results, in those regards, of the entities analyzed. In respect to the financial health of the PICSOs under analysis, the study showed that six of them are troubled (i.e. reporting net losses), smaller in size than the other organizations in the sample and, beside this, beset by liquidity problems. 

 Artículos similares

       
 
Fred EKA     Pág. 121 - 129
AbstractThis study analyzes the links between public capital and growth using an econometric model of simultaneous equations, estimated on a panel of forty-three developing countries over the period 2003-2020. This growth model explains the determinants ... ver más

 
Rubavel M, Jonas Richard A, Winnie Joyce A     Pág. 9 - 19
Adolescence is a critical period of life. This is a time of rapid development of the body, brain, and behaviours. They undergo puberty changes and also face difficulties that may affect health throughout life which is a setback for the growth of adolesce... ver más

 
Wesang?ula Salome Nang?oni, Appolonius Shitiabai Kembu     Pág. 46 - 55
AbstractKenya?s social-economic development blueprint as anchored by vision 2030 envisages growth in the public sector as the hub to its realization. The sector?s infrastructure industry is to quadruple its contribution to GDP. In line with this concern,... ver más

 
Abiola Ruth Adimula, Ayodele Adeyinka Atowoju     Pág. 29 - 44

 
Armands Veveris,Peteris Lakovskis,Elita Benga     Pág. 679 - 687