Showing 1 - 6 of 6
We find that ownership changes much less over time in private firms than in public firms. The average largest shareholder in private (public) Norwegian firms keeps the same stake in 82% (14%) of two consecutive years. In private firms past ownership dominates ownership determinants proposed in...
Persistent link: https://www.econbiz.de/10012433547
Persistent link: https://www.econbiz.de/10009675551
We evaluate the efficiency of microfinance institutions (MFIs) using a structural approach which also captures these institutions' outreach and sustainability objectives. We estimate economies of scale and input price elasticities for lending-only and deposit-mobilizing MFIs using a large sample...
Persistent link: https://www.econbiz.de/10012976279
Persistent link: https://www.econbiz.de/10012509691
Formal financial institutions inadequately distribute startup capital to business ventures of ethnic minorities, women, low-educated, and young people. Self-financing groups fill this gap because in these associations agents accumulate their savings into a fund that is later used to provide...
Persistent link: https://www.econbiz.de/10014235446
Persistent link: https://www.econbiz.de/10014637448