factors shaping the market entry of rural microfinance institutions across time and space. We provide empirical evidence for …

We suggest an explanation for the existence of "mission drift", the tendency for Microfinance Institutions (MFIs) to …

We investigate the impact of geographic diversification on the provision of credit during a financial bust. We find … geographic areas that contributed most to geographic diversification in the pre-crisis period. This mitigation effect was greater … rapid deterioration of the portfolio quality during the crisis period. Geographic diversification can contribute to …

prevailing "modal bank" are better off compared with those pursuing generic diversification. Moreover, we find that early …

corporate diversification strategy as an identification tool for organizational structure, we find that diversified firms have … effect of diversification on the cost of a bank loan is channeled primarily through coinsurance in investment opportunities … and cash flows and that the effect is nonlinear: as the extent of corporate diversification grows, the cost …

income diversification and market concentration are related to bank stability. Firstly, we document that bank stability is … positively related to revenue diversification, suggesting that banks are more stable when they are more engaged in non … concentration modifies the link between revenue diversification and bank stability. Specifically, it is shown that diversified banks …