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This Note identifies four main theoretical options for securities markets self-regulation in India, based on precedents … independent SRO for member regulation. This option is very similar to Association of National Stock Exchange Members of India … Exchange (BSE). The new entity would be responsible for both market and member regulation. The Exchanges provide an existing …
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: most notably the collapse of the for-profit microfinance market in Andhra Pradesh late in 2010 and research previously … pursued within the same state of India that would greatly reduce our estimation of the promise of microcredit for poverty …
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The integrity of microfinance is in question. Unethical practices have led many to question its value. Yet, research … for microfinance has emerged; a tendency that ignores the microfinance variation. Instead, this article asks: what is the … role of the state in influencing stakeholder salience and how does this process affect the ethics of microfinance? This …
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financial regulation. First, the paper proposes a broad index of regulatory quality for financial inclusion, emphasizing the …
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