Vis enkel innførsel

dc.contributor.authorMersland, Roy
dc.contributor.authorStrøm, R. Øystein
dc.date.accessioned2009-12-11T09:40:23Z
dc.date.issued2008
dc.identifier.citationMersland, R., & Strom, R. O. (2008). Performance and trade-offs in microfinance organisations--does ownership matter? Journal of International Development, 20(5), 598-612. doi: 10.1002/jid.1432
dc.identifier.issn09541748
dc.identifier.urihttp://hdl.handle.net/11250/135969
dc.descriptionSubmitted version of an article published in the Journal of International Development. Definitive published version: http://dx.doi.org/10.1002/jid.1432en
dc.description.abstractPolicy advocates argue for the transformation of non-government Microfinance Organisations (MFOs) into shareholder owned firms (SHFs). This paper investigates whether the proposed superiority of shareholder owned MFOs is empirically supported. The findings indicate that the difference between shareholder owned MFOs and non-government MFOs is minimal. Our results contradict established paradigms and policy guidelines in the industry. However, the results are not necessarily surprising since ownership theories support our findings. So do also studies from the general banking markets as well as historical studies. Adaptation of legal frameworks allowing well-performing NGOs to mobilise savings appears to be a better option than transformation.en
dc.format.extent109891 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoengen
dc.publisherWiley-Blackwellen
dc.titlePerformance and trade-offs in microfinance organisations--does ownership matter?en
dc.typeJournal articleen
dc.typePeer revieweden
dc.subject.nsiVDP::Social science: 200::Economics: 210en
dc.source.pagenumber598-612en
dc.source.volume20en
dc.source.journalJournal of International Developmenten
dc.source.issue5en


Tilhørende fil(er)

Thumbnail
Thumbnail

Denne innførselen finnes i følgende samling(er)

Vis enkel innførsel