This report provides benchmarks for valuation of microfinance equity, both private and publicly listed. We use a unique sample of 144 private equity transactions and 10 publicly listed microfinance institutions. MFIs will certainly be affected by the financial crisis ricocheting across the...

Microfinance institutions (MFIs) are becoming more efficient. This brief sheds light on how the age of individual MFIs and the age of the industry affect efficiency improvements. On an MFI level the authors look into scale economies, cost structure, and process durations as potential efficiency...

Global differences in microcredit interest rates are dramatic. The global average is about 35 percent, but the average in Uzbekistan is above 80 percent, and in Sri Lanka it is around 17 percent. Small loan sizes are the most commonly cited reason why microcredit rates are higher than normal...

Um der Frage nachgehen zu können, ob Generationengerechtigkeit grundsätzlich Aufgabe von Unternehmen sein kann, muss zunächst beantwortet werden, ob Unternehmen als kollektive Akteure moralische Verantwortung tragen können. Dazu wird ein Ansatz vorgestellt, der die Selbstbindungsfähigkeit...