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This paper investigates a relationship between economic governance and the dual objectives of Microfinance Institutions … atmosphere that will enhance the achievement of microfinance social objectives. …
Persistent link: https://www.econbiz.de/10010274571
Persistent link: https://www.econbiz.de/10009302234
microfinance struggle to become financially self-sufficient and to achieve their social objectives of servicing with quality the … poorest clientele possible. The issue of corporate governance has therefore been of increasing interest for microfinance as it … constitutes governance in relation to microfinance; (ii) identify the reasons why it is of such high importance for the industry …
Persistent link: https://www.econbiz.de/10013069027
Numerous microfinance initiatives around the world aim to alleviate poverty in developing countries. However, debate … community, which contribute about $9.4 billion to microfinance funding. In this policy-oriented article we aggregate findings … from two studies in Indonesia that help explain why moneylending can still thrive when low-interest microfinance is widely …
Persistent link: https://www.econbiz.de/10012932679
Recent academic work and policy analysis give insight into the governance problems exposed by the financial crisis and suggest possible solutions. We begin this paper by explaining why governance of banks differs from governance of non-financial firms. We then look at four areas of governance:...
Persistent link: https://www.econbiz.de/10013122805
We identify the tension created by the dual demands of financial institutions to be value-maximizing entities that also serve the public interest. We highlight the importance of information in addressing the public's desire for banks to be safe yet innovative. Regulators can choose several...
Persistent link: https://www.econbiz.de/10013111580
and Tayan are co-authors of the books Corporate Governance Matters and A Real Look at Real World Corporate Governance …
Persistent link: https://www.econbiz.de/10011870297
Using data spanning the 1996-1998 fiscal years of 247 of Japan's largest manufacturers, we empirically evaluate the extent to which a firm's investment behavior and financial performance is influenced by its ownership structure. To do so, we examine six distinct categories of Japanese...
Persistent link: https://www.econbiz.de/10014092596
In this paper, we analyse whether bank owners or bank managers were the driving force behind the risks incurred in the wake of the financial crisis of 2007/2008. We show that owner controlled banks had higher profits in the years before the crisis, and incurred larger losses and were more likely...
Persistent link: https://www.econbiz.de/10003941710
Using the upper echelons perspective together with corporate governance and strategic renewal literature, this paper investigates how top managers' corporate governance orientation influences a firm's strategic renewal trajectories over time. Through both a qualitative analysis (1907-2004) and a...
Persistent link: https://www.econbiz.de/10013138538