Microfinance governance: a systematic review and future research directions

MA Rasel, S Win - Journal of Economic Studies, 2020 - emerald.com
Purpose The purpose of this article is to systematically review extant research on the
corporate governance (CG) of microfinance institutions (MFIs) from a global perspective. In …

Board gender diversity and the capital structure of microfinance institutions: A global analysis

M Adusei, EYT Obeng - The Quarterly Review of Economics and Finance, 2019 - Elsevier
As far as we know, the question of whether increasing gender diversity on boards of
microfinance institutions carries any implications for their financing decisions has not been …

Which governance mechanisms promote efficiency in reaching poor clients? Evidence from rated microfinance institutions

V Hartarska, R Mersland - European financial management, 2012 - Wiley Online Library
This paper evaluates the effectiveness of several governance mechanisms on microfinance
institutions'(MFI) performance. We first define performance as efficiency in reaching many …

Profit empowerment: The microfinance institution's mission drift

B Augsburg, C Fouillet - The credibility of microcredit, 2013 - brill.com
In this paper we try to raise caution against the consequences of the overwhelming drive for
microfinance institutions to become financially self-sustainable—more often than not pushed …

Success factors of microfinance institutions: State of the art and research agenda

A Pinz, B Helmig - Voluntas: international journal of voluntary and …, 2015 - Springer
Microfinance institutions (MFIs) operate in increasingly commercialized environments. To be
successful in competitive markets, good management is crucial. Drawing from research on …

New approaches to measure the social performance of microfinance institutions (MFIs)

U Bibi, HO Balli, CD Matthews, DWL Tripe - International Review of …, 2018 - Elsevier
Outreach is a central purpose of microfinance institutions in providing access to quality
financial services for large numbers of poor people. This paper critically reviews outreach …

Institutional framework and capital structure of microfinance institutions

HT Tchuigoua - Journal of Business Research, 2014 - Elsevier
This article addresses the question of whether institutional frameworks matter in the capital
structure of microfinance institutions. We studied a sample of 292 MFIs between 2004 and …

Capital structure of microfinance institutions

H Tchakoute Tchuigoua - Journal of Financial Services Research, 2015 - Springer
This article seeks to answer two questions. What drives the capital structure of microfinance
institutions? Does the effect of variables at the microfinance institution's level vary …

The effect of loan approval decentralization on microfinance institutions' outreach and loan portfolio quality

H Tchakoute-Tchuigoua, I Soumaré - Journal of Business Research, 2019 - Elsevier
We study the impact of loan approval decentralization on MFI portfolio quality and outreach,
and the effects of alignment mechanisms when loan officers combine information production …

Information, the Cost of Credit, and Operational Efficiency: An Empirical Study of Microfinance

MJ Garmaise, G Natividad - The Review of Financial Studies, 2010 - academic.oup.com
We provide direct evidence on the impact of asymmetric information on both financing and
operating activities through a study of credit evaluations of microfinance institutions (MFIs) …