The question this article seeks to answer is whether the relationship between legal status and performance is influenced by the geographical area to which the MFI belongs, as postulated in some work. To this end, we study a sample of 202 MFIs in the period 2001 to 2006. The results show that in...

L’objectif de l’article est de vérifier empiriquement les effets des mécanismes internes et externes de gouvernance sur la performance des IMF de l’Afrique sub-saharienne. L’économétrie des données de panel nous permet d’étudier un échantillon composé de 64 IMF africaines entre...

The objective of this paper is to analyze the relationship between risk management and performance of microfinance institutions (MFIs). The devices tested are the choices of credit contracts and prudential regulation. Performance is understood in three dimensions. It refers to profitability,...

Microfinance institutions (MFIs) are crucial in enhancing financial inclusion in developing countries. Nonetheless, one of their main challenges is their ability to be profitable while serving the poor and the excluded, especially during bad times. Accordingly, this study aims to determine...

S'appuyant sur les théories du financement hiérarchique, cet article vérifie empiriquement la relation entre la note, qui traduit le niveau de risque perçu par les agences de notation, et la structure financière des institutions de microfinance. En raison d'un biais de sélection, la...

Value and value creation in an interactive context is one of the core topics of IMP research (e.g. Corsaro 2013, Håkansson et al. 2004, Ford et al. 2011). There are fewer publications about the value of business relationships. However there are only fewer publications dealing with the...