Role of Governance in Microfinance Sustainability
Author: Md Nazim Uddin
Publisher: Springer Nature
Published:
Total Pages: 326
ISBN-13: 9819705347
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Role of Governance in Microfinance Sustainability
Author: Md. Nazim Uddin
Publisher: Palgrave Macmillan
Published: 2024-04-25
Total Pages: 0
ISBN-13: 9789819705337
DOWNLOAD EBOOKThis book identifies the effect of governance structure components on outreach and sustainability of microfinance institutions (MFIs) in Bangladesh. It is designed to study and understand these structures with reference to the changing forms and functions of MFI administration, in theory and practice, with experiences from selected countries. It helps readers understand corporate governance across the globe with recent developments in this sector. It provides evidence from Bangladesh on what aspects need to be strengthened and identifies the importance of considering differences in institutional values, culture, and environment while pointing to the risk of applying normative assertions of governance structure. The book suggests that a regulatory and supervisory framework should be introduced in Bangladesh to enhance the governance structure of MFIs. It advocates that the sector requires a robust regulatory environment to improve its governance and administrative frameworks and expand the microfinance sector's outreach and sustainability opportunities. It will benefit researchers and students of economics, corporate governance, accountability, transparency, finance, business administration, microfinance institutions, and applied fields, as well as microfinance practitioners, administrators, and policymakers.
Microfinance 3.0
Author: Doris Köhn
Publisher: Springer
Published: 2013-12-02
Total Pages: 207
ISBN-13: 3642417043
DOWNLOAD EBOOKThis book focuses on the achievements, current trends and further potential of microfinance to scale-up and serve many more clients with financial services that enable them to improve their living conditions. The book asks what it takes to achieve sustainable impact: to know your clients and to understand their needs, to treat them in a fair and transparent way, and to safeguard the synthesis between the financial and social dimension of sustainable microfinance. The book also sheds light on the future funding landscape and what is necessary to bring more commercial funders on board while ensuring that these new funders will continue the commitment to responsible finance. While being forward looking, the book reflects the debate on core values of microfinance, triggered by recent criticisms of an approach that was hailed as a panacea in the beginning and which had proved over time as one of the most effective models of development finance. These criticisms emerged over signs of overheating in some markets, particularly the 2010 events in Andhra Pradesh, and turned into an assumption of a worldwide microfinance crisis, putting seriously at stake the good reputation microfinance had enjoyed so far.
Financial Performance, Corporate Governance and Microfinance Institutions Sustainability in Nigeria
Author: Collins Alobari
Publisher:
Published: 2019
Total Pages: 15
ISBN-13:
DOWNLOAD EBOOKThis study examined the relationship between financial performance and Microfinance sustainability, with interest on the impact of corporate governance in improving or otherwise of financial performance of microfinance banks in Nigeria. This interest was provoked by the fact that notwithstanding the introduction of corporate governance in Nigeria, there are still cases of the folding up of many microfinance institutions. Therefore, the study sought answers to: what is the relationship between financial performance and microfinance sustainability? What is the impact of board size and composition on financial performance? And what is the impact of the composition of board committees on financial performance? Using quantitative empirical method on selected microfinance banks in the South East Nigeria, the study employed the Ordinary Least Square (OLS) analysis on secondary data collected from financial reports of the selected banks for a period of thirteen (13) years (2005-2017). The study used the board of directors as the proxy for corporate governance, with Board size and composition as independent variables and Profit after Tax as dependent variables. The result shows that the link between board size and profitability does not imply board size to increase profitability as number of shareholders has negative relationship with profit before tax. Rather, the result found a positive relationship between equity of MFIs and profit after tax, which means that the higher the equity of MFIs, the higher their profitability. Therefore, the study recommends that the MFIs should concentrate more on raising share capital as well as constituting efficient boards and committees for effective corporate governance that will result in the sustainability of the MFIs.
Stakeholders on Board
Author: Mohammad Delwar Hussain
Publisher:
Published: 2020
Total Pages: 30
ISBN-13:
DOWNLOAD EBOOKPurpose: This study develops an applicable governance structure based on multi-theoretical approach with relevant factors by using Bangladesh as a case study for doing microfinance governance research by considering stakeholders participation on board and its impact on double bottom-line performances.Design/Methodology/Approach: This research utilized longitudinal dataset (80 MFIs with 13 years and 1040 observations), with econometrics modelling to ascertain cause and effect relationship among the variables.Findings: In view of 'social-welfare & commercial logic' it found MFI's services to the poor are non-linearly influenced by profitability. If MFIs pursue high profit it tends to decrease the outreach. It contributes the existing literature by supporting stewardship theory that is CEO duality is important for developing countries. It develops new dimensions of variables considering MFIs age and size as a moderating role based on stakeholder and resource dependence theory which explain the positive and significant impact on dual performances.Practical Implications: The findings of this study suggest that MFIs can appoint a social director, as the microfinance board of directors, have to make sure that the MFIs follow the social duty. This kind of directors has been representing the clients for the MFIs.Originality/Value: This study has emphasized on governance indicators by considering board effectiveness which may be prejudiced by MFIs' competency. Meanwhile, board associates should uphold stakeholders' wellbeing rather than administrations. Ensuring microfinance governance there is a necessity for comprehensive superintendent principles.Limitation/Implication: This study copes with limitations considering data availability, time constraint, geographical, or cultural differences, etc. In Bangladesh, there is no centralized data based on microfinance research. It is persistently afflicted by information limitations. So, future research may consider those approaches and develop the extent of MFIs' outreach to the poor as well as institutional sustainability.
Financial Sustainability of Micro-Finance Institutions in Sub-Saharan Africa
Author: Hanna Kattilakoski
Publisher: GRIN Verlag
Published: 2020-06-23
Total Pages: 6
ISBN-13: 3346187950
DOWNLOAD EBOOKPresentation slides from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: 90, Cologne Business School Köln, language: English, abstract: What factors influence the financial sustainability of microfinance institutions in Sub-Saharan Africa?
The Impact of Innovation and Technology on Microfinance Sustainable Governance
Author: Roberto Moro Visconti
Publisher:
Published: 2015
Total Pages: 9
ISBN-13:
DOWNLOAD EBOOKTechnical or social innovation, concerning also the creation and commercialization of new products, strategies and management, has a deep actual -- and especially trendy -- impact on microfinance institutions (MFIs), contributing to reshape their business model, with an impact on their overall risk profile. Innovation is mostly an opportunity even for MF risk mitigation, considering its pervasive impact on risk factors.This original analysis is addressing, in a multidisciplinary and innovative comprehensive way, apparently weakly related topics such as MF governance, and IT issues, within recessionary cycles.This hardly investigated frontier faces key trendy issues, which are likely to deeply reengineer the relationship among different stakeholders, as it has already happened, on a different and more sophisticated scale, with traditional banking.To the extent that technology (with access to Internet, social networks, cashless electronic payments, etc.) reshapes the equilibriums among different stakeholders, it is likely to have important -- albeit under-investigated -- corporate governance consequences, softening the conflicts of interest among stakeholders and reinforcing the business model, making it more resilient during recessions, with positive externalities on both sustainability and outreach.
Microfinance Handbook
Author: Joanna Ledgerwood
Publisher: World Bank Publications
Published: 1998-12-01
Total Pages: 304
ISBN-13: 0821384317
DOWNLOAD EBOOKThe purpose of the 'Microfinance Handbook' is to bring together in a single source guiding principles and tools that will promote sustainable microfinance and create viable institutions.
The Microfinance Revolution
Author: Marguerite Robinson
Publisher: World Bank Publications
Published: 2001-06-01
Total Pages: 358
ISBN-13: 0821383388
DOWNLOAD EBOOKAround the world, a revolution is occurring in finance for low-income people. The microfinance revolution is delivering financial services to the economically active poor on a large scale through competing, financially self-sufficient institutions. In a few countries this has already happened; in others it is under way. The emerging microfinance industry has profound implications for social and economic development. For the first time in history, capital is well on its way to being democratized. 'The Microfinance Revolution', in three volumes, is aimed at a diverse readership - economists, bankers, policymakers, donors, and social scientists; microfinance practitioners and specialists in local finance and rural and urban development; and members of the general public interested in development. This first volume, 'Sustainable Finance for the Poor', focuses on the shift from government- and donor-subsidized credit systems to self-sufficient microfinance institutions providing voluntary savings and credit services.
A Research Agenda for Financial Inclusion and Microfinance
Author: Marek Hudon
Publisher: Edward Elgar Publishing
Published: 2019
Total Pages: 200
ISBN-13: 1788114221
DOWNLOAD EBOOKHow can financial services, such as credit, deposit accounts, financial transfers, and insurance be provided to people in need? This challenging and complex issue has been a topic of interest for the international aid community for decades. Drawing on renowned experts in microfinance and financial inclusion, this Research Agenda sheds much-needed light on this multifaceted challenge and points the way ahead for future research.
