An institutional logics approach to social entrepreneurship: Market logic, religious diversity, and resource acquisition by microfinance organizations

EY Zhao, M Lounsbury - Journal of Business Venturing, 2016 - Elsevier
Resource acquisition is critically important for social ventures to fulfill their social missions
while striving to scale up and become financially sustainable. Past studies have only just …

Funding financial inclusion: Institutional logics and the contextual contingency of funding for microfinance organizations

JA Cobb, T Wry, EY Zhao - Academy of Management Journal, 2016 - journals.aom.org
Microfinance is a promising tool for addressing the grand challenge of global poverty. Yet,
while many studies have examined how microfinance loans affect poor borrowers, we know …

Information asymmetry, cross-listing, and post-M&A performance

S Song, Y Zeng, B Zhou - Journal of Business Research, 2021 - Elsevier
This study examines how target opaqueness and the acquirer's cross-listing in a developed
financial market impact the alignment between the stock market's initial reaction to an M&A …

Capital structure, financial performance and sustainability of Microfinance Institutions (MFIs) in Ghana

RSK Dabi, Nugraha, Disman, M Sari - Cogent Economics & …, 2023 - Taylor & Francis
The study examines the effect of capital structure on financial performance and sustainability
of Microfinance Institutions in Ghana. We investigate the role of debt-to-equity ratio, equity-to …

Capital structure, financial performance, and sustainability of micro-finance institutions (MFIs) in Bangladesh

SS Parvin, B Hossain, M Mohiuddin, Q Cao - Sustainability, 2020 - mdpi.com
Capital structure plays an important role in organizational performance. Sources of funds for
micro-finance institutions (MFIs) and their performance and financial sustainability become …

Board characteristics and microfinance institutions' performance: Panel data evidence from Nigeria

U Shettima, N Dzolkarnaini - Journal of accounting in emerging …, 2018 - emerald.com
Purpose The purpose of this paper is to examine the effect of board characteristics on MFIs
performance in Nigeria. A specific country study is warranted given the results from pooled …

Does corporate social responsibility pay? Evidence from social ratings in microfinance institutions

C Simo, HT Tchuigoua, J Nzongang - Technological Forecasting and Social …, 2023 - Elsevier
Does it pay for microfinance institutions (MFIs) to be socially responsible? Drawing on the
information asymmetry framework and using an aggregate measure of social performance …

Differences in bank and microfinance business models: An analysis of the loan monitoring systems and funding sources

MH Uddin, S Akter, S Mollah, M Al Mahi - Journal of International Financial …, 2022 - Elsevier
Microfinance institutions (MFIs) use an alternative financial intermediation system (business
model) to offer banking services for the marginal people where collateral-based …

Efficiency and financial risk management practices of microfinance institutions

KN Baltas, JM Liñares‐Zegarra - International Journal of …, 2024 - Wiley Online Library
Microfinance institutions (MFIs) have evolved in different and complex ways to solve various
market frictions, with some of them providing a wide range of financial products and using …

Buffer capital, loan portfolio quality and the performance of microfinance institutions: A global analysis

GA Afrifa, E Gyapong, AM Zalata - Journal of Financial Stability, 2019 - Elsevier
Using a sample of 625 microfinance institutions (MFI) across 40 countries from 2010 to
2015, we empirically examine the effect of buffer capital on the performance of MFIs and …