Risk Management and Efficiency of Microfinance Institutions
MetadataVis full innførsel
OriginalversjonZamore, S. (2018). Risk Management and Efficiency of Microfinance Institutions (Doctoral thesis). University of Agder, Oslo.
Risk management and efficiency are very crucial for the survival of every organization. “Indeed, better risk management may be the only truly necessary element of success in banking” (Alan Greenspan) and “the obvious rule of efficiency is you don’t want to spend more time organizing than it’s worth” (Daniel Levitin). In microfinance, risk management and efficiency are important for the achievement of both the financial and social objectives of microfinance institutions, which aim primarily to provide financial services to the unbanked populations in the world. Giving uncollaterized loans to vulnerable borrowers is risky yet that is what microfinance institutions do. In this dissertation, I examine what could be a good business model in microfinance as far as general institutional sustainability is concerned.
Består avPaper I: Zamore, S., Beisland, L. A. & Mersland, R. (2019). Geographic diversification and credit risk in microfinance. Journal of Banking & Finance, 109: 105665. https://doi.org/10.1016/j.jbankfin.2019.105665. Author´s accepted manuscript. Full-text is not available in AURA as a separate file.
Paper II: Zamore, S. (2017). Should microfinance institutions diversify or focus? A global analysis. Research In International Business and Finance, 46, 105-119. https://doi.org/10.1016/j.ribaf.2017.12.001. Author´s accepted manuscript. Full-text is available in AURA as a separate file: http://hdl.handle.net/11250/2599452.
Paper III: Lensink, R., Mersland, R., Vu, N. T. H. & Zamore, S. (2018). Do microfinance institutions benefit from integrating financial and nonfinancial services?. Applied Economics, 50(21), 2386-2401. https://doi.org/10.1080/00036846.2017.1397852. Author´s accepted manuscript. Full-text is available in AURA as a separate file: .
Paper IV: Zamore, S., Beisland, L. A. & Mersland, R. (2021). Excessive Focus on Risk? Non-performing Loans and Efficiency of Microfinance Institutions. International Journal of Finance and Economics. https://doi.org/10.1002/ijfe.2477. Author´s accepted manuscript. Full-text is available in AURA as a separate file: .