Performance evaluation indicators of agricultural cooperatives in the state of Minas Gerais

• DOI: 10.22533/at.ed.9733152312093

• Palavras-chave: Agricultural Cooperatives; Economic and Social Indicators; Performance indicators

• Keywords: Agricultural Cooperatives; Economic and Social Indicators; Performance indicators

• Abstract:

  This research was carried out with the objective of identifying the main economic, financial and social indicators considered in the evaluation of the performance of agricultural cooperatives in the State of Minas Gerais. To meet the research objectives, 131 cooperatives were analyzed, representing 62% of cooperative organizations affiliated to OCB/OCEMG. In order to evaluate the performance of these organizations, the statistical technique of factor analysis was used, which allowed identifying the level of correlation between the various indicators, making it possible to group them into factors. The Bartlett and KMO sphericity tests were also performed, which confirmed the appropriateness of using factor analysis. The results obtained allowed identifying five factors formed from 14 initial indicators, explaining 83.5% of the total data variance. The five factors were classified as “Structure”, “Associate Participation”, “Personnel”, “Membership” and “Capital and Risk and Profitability”. Using the factorial scores of the five factors, cluster analysis was applied, establishing a characterization of agricultural cooperatives and their spatial distribution. Three groups were identified that represent the set of cooperatives in the present study. It is concluded that the use of factorial analysis, in relation to agricultural cooperatives, allows greater security in the choice of indicators and the formation of a smaller number of variables without losing its informational content, effectively enabling the analysis of performance of agricultural cooperatives.