Browsing by Author "Golesorkhi, Sougand"

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    Board Composition and Outreach Performance of Microfinance Institutions: Evidence from East Africa
    (Wiley, 2015) Mori, Neema; Golesorkhi, Sougand; Randøy, Trond; Hermes, Niels
    The attributes of microfinance’s board members have an impact on attainment of their social objectives.
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    Determinants of Board Structure in Microfinance Institutions: Evidence from East Africa
    (SAGE Publications, 2013) Mori, Neema; Randøy, Trond; Golesorkhi, Sougand
    This study investigates the association between the unique characteristics of microfinance institutions and board structure. The agency and resource dependence theories provided theoretical guidance for this study. Using a panel dataset of 63 microfinance institutions in East Africa, we found that the presence of regulations and international influence is associated with larger boards, while the presence of founders is associated with small boards and less board independence. There is a higher level of board gender diversity in microfinance institutions managed by founders. There is greater diversity of nationalities in microfinance institutions that are internationally influenced. The implications for practice and theory from this study are further discussed.