Cull, Robert; Demirgüç-Kunt, Asli; Morduch, Jonathan - 2014
implications for the institutions’ profitability and their outreach to small-scale borrowers and women. The tests draw on a new …-constructed data on their prudential supervision. OLS regressions show that supervision is negatively associated with profitability … regressions, though it is not significantly associated with profitability. The pattern is consistent with the notion that profit …