This paper investigates investment performance of microfinance investment funds. The examined funds have recorded lower … revealed that investment in microfinance investment funds that focus especially on debt instruments represents an attractive … investors with a particular interest in the socially responsible aspect of investment into microfinance. …

Unternehmen ist auch auf Landeseben versucht worden, die Transparenz der Vergütung von Führungskräften kommunaler oder … Teil der (leistenden) Verwaltung müssen sie Transparenz- und Kontrollansprüchen der Bürger und ihren Repräsentanten in den …

legitimitätsstiftenden Effekt der Transparenz ausgegangen werden. Dabei scheint außerdem der reine Signaleffekt der Informationen eine …In this paper it was empirically reviewed, if a high level of corporate transparency leads to an increase in companies … group (n = 108) received a stimulus indicating high transparency while the control group (n = 112) was presented with a very …

Transformationsländern befasst, steht im Teilgebiet der Microfinance die Frage im Vordergrund, wie in diesen Ländern der Zugang ärmerer … waren in der Vergangenheit weder Entwicklungsfinanzierung im allgemeinen noch Microfinance im besonderen ein wirklich ernst … Microfinance, Erfolge erzielen ließen, die vorher unvorstellbar waren. Mit einer deutlichen commercial orientation und einer …

. Microfinance programs should strive at preventing such consequences of bounded rationality. …

This paper describes some emerging innovations in microfinance observed in Southeast Asian microfinance markets that … make it possible for microfinance institutions (MFIs) to reach a greater number of poor households on a sustainable basis … risks. They also make it possible for poor households to satisfy their investment and consumption smoothing requirements …

finance investment projects with different asset specificity. The growing division of labor between them is productive, but …

' boards, Ownership structure and audit quality) and financial communication transparency. For this purpose, a model is used … governance mechanisms are positively related to a higher transparency level noticeable in financial communication (voluntary … disclosure and quality information). In addition, empirical tests indicate that financial communication transparency is highly …

This paper studies product market competition under a strategic transparency decision. Dominant investors can influence … information collection in the financial market, and thereby corporate transparency, by affecting market liquidity or the cost of … information collection. More transparency on a firm's competitive position has both strategic advantages and disadvantages: in …