How do social performance and financial performance of microfinance institutions interact: A panel data study upon the MENA region (1998-2011)

Abstract : The relationship between social performance (SP) and financial performance (FP) of microfi-nance institutions (MFIs) in the Middle East and North Africa (MENA) region is a matter of substitution or complementarity. A panel data study (1998-2011) upon a sample of 64 MFIs in nine MENA countries examines both one-way and reciprocal dependency between SP and FP. We document the various determinants according to information transparency, credit methodology, status, the operating area of MFIs and their macroeconomic environment. Simultaneous equations models show that SP has a negative impact upon FP and conversely for mature MFIs: hence, substitution takes place. However, there is no clear interaction between these performances.
Type de document :
Article dans une revue
Savings and Development, 2014
Liste complète des métadonnées

Littérature citée [33 références]  Voir  Masquer  Télécharger

https://hal-upec-upem.archives-ouvertes.fr/hal-01667328
Contributeur : Philippe Adair <>
Soumis le : mercredi 3 janvier 2018 - 15:48:49
Dernière modification le : lundi 15 janvier 2018 - 17:42:17

Identifiants

  • HAL Id : hal-01667328, version 1

Collections

Citation

Philippe Adair, Imene Berguiga. How do social performance and financial performance of microfinance institutions interact: A panel data study upon the MENA region (1998-2011). Savings and Development, 2014. 〈hal-01667328〉

Partager

Métriques

Consultations de la notice

119

Téléchargements de fichiers

39