Is there a trade-off between MFls' financial efficiency and outreach in macroeconomic and institutional context?

被引:0
|
作者
Xu, Shufang [1 ]
Zhu, Ning [2 ]
Copestake, James [3 ]
Cai, Guiming [1 ]
Peng, Xinman [1 ,4 ]
机构
[1] South China Univ Technol, Sch Econ & Finance, Guangzhou, Peoples R China
[2] Guangzhou Univ, Sch Econ & Stat, Guangzhou, Peoples R China
[3] Univ Bath, Ctr Dev Studies, Bath, England
[4] Nankai Univ, Sch Finance, Tianjin, Peoples R China
基金
中国国家自然科学基金;
关键词
MFIs' financial efficiency; Outreach; Multi-directional efficiency analysis; Macroeconomic condition; Institutional context; MICROFINANCE INSTITUTIONS; PERFORMANCE; IMPACT; SUSTAINABILITY; DETERMINANTS; SIZE;
D O I
10.1016/j.iref.2024.103403
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper analyses whether there is a trade-off between microfinance institutions (MFIs)' financial efficiency and outreach in macroeconomic and institutional context. We first theoretically discuss the potential impacts of macroeconomic and institutional factors on financial efficiency of MFIs, then present empirical evidence in support of theoretical analysis. The main results show that there is a potential trade-off between MFIs' financial efficiency and outreach when we consider the influences of macroeconomic and institutional variables on financial efficiency of MFIs.
引用
收藏
页数:17
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