to distinguish the wider stakeholder influencing forces effecting organizations. This paper delivers a concise picture … incorporating other management-based theories to supplement agency theory in distinguishing the wider stakeholder influencing forces … existing theories that supplement each other to distinguish the wider stakeholder influencing forces. Finally, further studies …

Microfinance is typically associated with joint liability of group members. However, a large part of microfinance … contracts. Moreover, we show that microfinance institutions offer group loans when the loan size is rather large, refinancing … costs are high, and competition between microfinance institutions is low. Otherwise, individual loans are offered …