Purpose: The purpose of this paper is to empirically relate subordinate board structures with improved financial and social performance in microfinance institutions (MFIs). Design/methodology/approach: The research question is analyzed using a panel data from 23 MFIs in Ethiopia over a period...

Microbanks provide financial services to low income people. Governance of these organizations is important for them to efficiently reach poor people and survive financially. Board is one among several governance mechanisms. This paper empirically analyses the influence of stakeholders who sit on...

Microfinance Institutions provide financial services to poor people. Governance of these organizations is important so that they can operate efficiently and sustainably. This study analyzes the influence of stakeholders (donors, employees, customers, and creditors), on board structure (board...

Microfinance institutions (MFIs) are typical examples of hybrid organizations, meaning organizations pursuing both a financial and social logic. This study examines the question of whether financial and social performance improves when an MFI’s chief executive officer (CEO) has a business...

This paper empirically relates subordinate board structures with improved financial and social performance in microfinance institutions (MFIs). The research question is analyzed using a panel data from 23 microfinance institutions in Ethiopia over a period of 2006— 2011. Random effects panel...

In absence of formal microinsurance to protect low-income people against natural and man-made disasters, the partnership between insurance companies and microfinance institutions (MFIs), also known as the Partner–Agent Model (PAM), is gaining global recognition from governments, practitioners,...