Governance and Performance of Microfinance Institutions in Central and Eastern Europe and the Newly Independent States

By Valentina Hartarska. 2005

517 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Management Information Systems

View Paper: https://www.semanticscholar.org/paper/3a40e5ead5ae0c8a2aa336f9c9518c54f0ce54b4

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Citations in the corpus

Governance and Performance of Microfinance Institutions in Mediterranean Countries (2009, methodology): “Following Hartarska (2005) works, our empirical model used to test the hypotheses includes fi ve major potential groups of determinants and takes the form: Pijt = α0 + β1Sijt + β2Mijt + β3Bijt + β4EGijt–1 + β5Mjt + εijt, where Pijt is a performance variable for MFI i, in country j, at time t; Sijt…”
Social efficiency in microfinance institutions (2009, background): “able, even though some studies exist, like Hartarska (2005), who studies the governance impact on outreach and sustain”
Do regulated microfinance institutions achieve better sustainability and outreach? Cross-country evidence (2007, background): “…tasks, as these models indicate that it is optimal to base performance evaluation on the best observable signal (financial results) if the two tasks are complementary (Holmstrom and Milgrom, 1991, Hartarska, 2005).11 The results show that MFIs with higher proportion of savings reach more borrowers.”
Performance and governance in microfinance institutions (2009, background): “Hartarska (2005) finds that employee directors are negatively related to financial performance and outreach.”
Do Powerful CEOs Determine Microfinance Performance (2012, background): “…doi: 10.1111/j.1467-6486.2012.01046.x to CSFI (2011), corporate governance quality constitutes a key risk for MFIs and the vulnerable customers they serve, especially because the best practice governance mechanisms seem not to have penetrated these areas (Hartarska, 2005; Mersland and Strøm, 2009).”
Which Governance Mechanisms Promote Efficiency in Reaching Poor Clients? Evidence from Rated Microfinance Institutions (2012, unknown): “The first empirical study of this topic is Hartarska (2005), who uses survey data from a small sample of MFIs in Eastern Europe and Central Asia (ECA) to study how managerial compensation, board size and composition (stakeholder representation, gender, and skills), prudential regulations, external…”
Focus on Women in Microfinance Institutions (2013, methodology): “The control variables were taken from prior performance studies conducted by Hartarska (2005), Mersland and Strøm (2008, 2009), and Lensink and Mersland (2009) and include size, age, (natural logarithm of) total costs, debt rate, lending methodology, legal status, geographical focus, and regulation.”
Islamic Banking Sustainability: A Review of Literature and Directions for Future Research (2016, background): “Similarly, governance and stakeholders’ participations in the board meetings are found influential in explaining outreach and financial sustainability (Hartarska 2005).”
Women and Repayment in Microfinance: A Global Analysis (2011, background): “The main benefit of such an RE model is that it accounts for all unobserved heterogeneity potentially affecting the dependent variable, thereby reducing concerns for omitted variables bias (Lensink and Mersland, 2009; Hartarska, 2005).”
Do microfinance institutions accomplish their mission? Evidence from the relationship between traditional financial sector development and microfinance institutions’ outreach and performance (2013, methodology): “Second, it is better suited to tackle the time-invariant nature of some of the covariates than, for instance, the fixed effects model that eliminates time-invariant variables by first-differencing (Hartarska, 2005; Stock and Watson, 2007; Lensink and Mersland, 2009). However, there are a number of m”