Microfinance institutions
Subtitle: financial and social performance
By: edited by Roy Mersland,University of Agder, Norway and  R. Øystein Strøm, Oslo and Akershus University College and Telemark University College, Norway
Contributors: European Conference on Microfinance (3rd : 2013 Norway)
Series: Palgrave studies in impact finance
Publisher: Palgrave Macmillan
Published: 2014
Place of publication: Houndmills, Basingstoke, Hampshire; New York, NY
Language: eng
Number of pages: 300
ISBN-13: 9781137399656
Subjects: Microfinance; Banks and banking; BUSINESS & ECONOMICS / Banks & Banking; BUSINESS & ECONOMICS / Finance; BUSINESS & ECONOMICS / Economics / Microeconomics
Description: "Until recently most microfinance research focused on whether access to finance is beneficial for economically poor entrepreneurs and families. The industry has now grown big and Microfinance Institutions (MFIs) serves hundreds of millions of customers. The business of microfinance is therefore becoming an important research area. While performance and efficiency studies are common in banking research such research on MFI performance is still in its infancy. MFI performance studies are challenging because they are hybrid organizations with dual objectives of serving low-income customers while being financially sustainable.  This book contains a collection of new MFI performance research by top scholars from across the globe. A wide range of topics are covered including cash-flow analyses, cultural influence, mission-drift, the influence of public regulation and international actors, group lending, competition, ownership issues, earnings management as well as traditional efficiency studies. "--
Notes: Includes "papers first presented at the Third European Research Conference on Microfinance, organized by the University of Agder in Norway, 10-12 June 2013"--Introduction.