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This paper uses a unique database from a leading microfinance rating agency to assess the impact of management on the functioning of microfinance institutions (MFIs). It focuses on MFIs’ financial performance, and on the level of subsidies received. The results show that the management skills...
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reviews the debate about marketbased vs. bank-based financial systems. Using data for a sample of 40 countries over the period … economic growth, but the degree to which a financial system is market- or bank-based cannot explain economic development across …
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between bank lending specialization and bank performance and stability in an international sample. Theory suggests that banks … exposures, while not leading to higher returns. The paper also documents important time, cross-bank, and cross-county variation …
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Increasingly the world's largest banks have more activity happening internationally. What are the effects of internationalization, and what is a successful business model for the future? This book explores the formulation, implementation and evaluation of internationalization strategies,...
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