Board Composition and Social Performance of Microfinance Institutions: Evidence from East Africa
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Date
2015
Journal Title
Journal ISSN
Volume Title
Publisher
Strategic Change
Abstract
Board composition and poverty outreach of MFIs appear to be related.
The proportion of independent, international, female, and/or founding board members appears to be associated with measures of outreach performance using data on MFIs in East Africa.
Findings suggest that outreach performance is improved when MFI boards have a higher share of independent, international, and/or female members, which supports the hypothesis that board composition is important in helping MFIs to achieve their social objectives.
Description
Keywords
Board Composition, Outreach, Microfinance Institutions
Citation
Mori, N., Gholersorkhi, S., Randøy, T., & Hermes, N. (2015). Board Composition and Outreach Performance of Microfinance Institutions: Evidence from East Africa. Strategic Change: Briefings in Entrepreneurial Finance, 24, 99-113.