Purpose: The purpose of this paper is to address the problem of why the poorest, most disadvantaged groups such as rural African women, benefit less from microfinance. The authors focus on the perception and experiences of ordinary rural entrepreneurial women on microfinance in a context of...

Purpose: This paper has two purposes. First, it evaluates the extent to which different failure processes are present in failed UK SMEs, by considering non-financial metrics including director characteristics, in addition to the financial ones. Second, it analyses the determinants of the...

Management buy‐outs bring about a change in status of the management team from employee to owner. According to the “agency model”, this change in status provides the financial incentives necessary to ensure that company performance will improve post‐MBO. The key financial incentive...