dc.contributor.author | Zhang, Yan | |
dc.date.accessioned | 2024-01-22T08:19:01Z | |
dc.date.available | 2024-01-22T08:19:01Z | |
dc.date.created | 2024-01-19T12:08:29Z | |
dc.date.issued | 2024 | |
dc.identifier.citation | Zhang, Y. (2023). The Impact of Free Cash Flow on Performance in Microfinance Institutions and Its Moderators. [Doctoral dissertation]. University of Agder. | en_US |
dc.identifier.issn | 1504-9272 | |
dc.identifier.uri | https://hdl.handle.net/11250/3112931 | |
dc.description.abstract | This dissertation contains three essays: “Free Cash Flow and Performance of Microfinance Institutions,” “Debt, Free Cash Flow and Financial Performance in Microfinance: A Global Analysis,” and “Corporate Governance and Free Cash Flow in Microfinance.” Essay 1 investigates the existence of FCF overinvestment in MFIs and the negative effects of FCF overinvestment on the social and financial performance of MFIs. Essays 2 and 3 address how debt application and corporate governance, respectively, mitigate the negative effects of FCF overinvestment on the social and financial performance of MFIs. The essays have benefited from the feedback of reviewers and participants in academic conferences. In what follows, I summarize each of the three essays in turn. | en_US |
dc.language.iso | eng | en_US |
dc.publisher | Universitetet i Agder | en_US |
dc.relation.ispartof | Doctoral dissertations at University of Agder | |
dc.relation.ispartofseries | Doctoral dissertations at University of Agder;no. 454 | |
dc.relation.haspart | Essay 1: Yan, Z., Zamore, S., & Mersland, R. Free cash flow and performanceof microfinance institutions. Working paper. | en_US |
dc.relation.haspart | Essay 2: Yan, Z., Zamore, S., & Mersland, R. Debt, free cash flow and financialperformance in microfinance: A global analysis. Working paper. | en_US |
dc.relation.haspart | Essay 3: Yan, Z. Corporate governance and free cash flow in microfinance. Working paper. | en_US |
dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no | * |
dc.title | The Impact of Free Cash Flow on Performance in Microfinance Institutions and Its Moderators | en_US |
dc.title.alternative | The Impact of Free Cash Flow on Performance in Microfinance Institutions and Its Moderators | en_US |
dc.type | Doctoral thesis | en_US |
dc.description.version | publishedVersion | en_US |
dc.rights.holder | © 2023 Yan Zhang | en_US |
dc.subject.nsi | VDP::Samfunnsvitenskap: 200::Økonomi: 210 | en_US |
dc.source.pagenumber | 166 | en_US |
dc.source.issue | 454 | en_US |
dc.identifier.cristin | 2230236 | |