Motivated by agency theory and arguments from linguistic studies, we argue in this paper the internationalization of a firm’s audit committee to be associated with weaker firm-level corporate governance. Based on 2,015 publicly traded European firms from 16 countries over 2000-2018, we find...

Based on historical analogies, we emphasize a connection between financial crises and technological shifts where the shift calls for a structural economic transformation. We discuss how political pressures related to this structural transformation pave the way for the return of a new form of...

Microbanks serve micro-enterprises and poor people with financial services. This study examines how various aspects of international influence affect microbanks' financial and social performance. Grounded in agency theory and resource-based theory, we argue that there are multiple ways that the...

The purpose of this report is to give an overview of the contents of the SAVIX database as of December 2017. Starting with a brief background of savings groups,2 the report provides information on the geographical distribution of the savings groups in the database and group characteristics, such...

The purpose of this chapter is to give an overview of the internationalization of the industry and to suggest relevant theories when studying cross-border microfinance partnerships. Moreover, we present initial statistical evidence of how internationalization can influence MFIs’ performance...