Duho, King Carl Tornam - In: Cogent economics & finance 11 (2023) 2, pp. 1-33
This study examines the determinants of capital adequacy and voluntary capital buffers among microfinance institutions … panel data of 439 MFIs in Ghana covering the period 2015-2018, the study found that credit risk, income diversification … that drive voluntary capital buffers are income diversification, size and equity-to-asset ratio, but size and economic …