Governance and Ratings of Microfinance Institutions: Evidence from African Microfinance Institutions (notice n° 454838)
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fixed length control field | 01587cam a2200205 4500500 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20250121033225.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Tchakoute Tchuigoua, Hubert |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | Governance and Ratings of Microfinance Institutions: Evidence from African Microfinance Institutions |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2012.<br/> |
500 ## - GENERAL NOTE | |
General note | 93 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | The aim of this paper is to empirically test the relationship between governance mechanisms and the rating of microfinance institutions in Africa. We study the influence of the board size, audit quality, regulation, and legal status using multiple ordinal logistic regressions on a sample of 112 microfinance institutions rated between 2002 and 2007. Due to a potential selection bias, the two-step Heckman (1979) selection model procedure is used to test the robustness of our findings. The results show that all governance mechanisms, except for regulation, are not relevant in the rating of MFIs. However, the rating score is explained by greater operational self-sufficiency, that is to say, the ability of MFIs to cover operating expenses by its financial revenues, and by its profitability. Furthermore, our findings suggest that the ratings are significantly associated with higher outreach of MFIs. |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | microfinance |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | governance |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | ratings |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | Africa |
786 0# - DATA SOURCE ENTRY | |
Note | Accounting Auditing Control | Volume 18 | 1 | 2012-04-01 | p. 153-182 | 1262-2788 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-accounting-auditing-control-2012-1-page-153?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-accounting-auditing-control-2012-1-page-153?lang=en&redirect-ssocas=7080</a> |
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