Li, Yue; Zariyawati Mohd Ashhari; Fan, Yaojun - In: Cogent economics & finance 10 (2022) 1, pp. 1-17
This study primarily investigates the effect of financial sustainability on capital leverage in microfinance setting. In doing this, this study looks at operating performance of 45 commercial microfinance institutions under current dual pressure of downturn and deleveraging in China....