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We make a comparison of microfinance banks (MBs) and commercial banks (CBs) in terms of efficiency, business … indicate that microfinance banks have higher intermediation, non-interest income, wholesale funding and liquidity, but lower … efficiency and asset quality. These significant variations are influenced by smaller microfinance banks and are driven mostly to …
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This paper investigates the relative importance of microfinance institutions (MFIs) at both the macro (financial …
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In this paper we provide evidence for the effects of social norms on audit pricing by studying companies belonging to the alcohol, firearms, gambling, military, nuclear power, and tobacco industries, which are often described as “sin” companies. We hypothesize that the disparities between...
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