Müller, Oliver; Uhde, André - In: International Journal of Monetary Economics and Finance 6 (2013) 2/3, pp. 116-149
Employing a Hausman-Taylor instrument variable (HT-IV) estimator to data from 558 microfinance institutions (MFIs) in … sustainability. Evidence as well suggests a negative relationship between external governance and the microbanks' social success … microfinance functional performance significantly depends on the microbanks' business concepts, their lending methodologies and …