Tchakoute-Tchuigoua, Hubert - In: The Quarterly Review of Economics and Finance 52 (2012) 4, pp. 427-437
The aim of this article is to test the relationship among organizational architecture, joint liabilities contracts, and loan conditions. Based on a sample of 135 MFIs rated between 2003 and 2008, the study shows that solidarity lending and a decentralized credit decision have no significant...