Is there a difference in performance by the legal status of microfinance institutions

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Social and financial efficiency of Islamic microfinance institutions:a Data Envelopment Analysis application (2015, background): “Many studies focus on the effect of regulating MFI to performance as there has recently been increasing pressure to regulate MFIs in developing countries (Hartarska & Nadolnyak, 2007; Tchakoute-Tchuigoua, 2010).”
Bankers at the gate: Microfinance and the high cost of borrowed logics (2012, background): “Researchers have suggested that superior outreach, lower interest rates, and more efficient governance (Tchakoute-Tchuigoua, 2010), in addition to the ability to offer savings accounts (Armendariz & Morduch, 2010) mean that commercial microfinance organizations can do more to help the world’s poor…”
Comparing Virtue, Consequentialist, and Deontological Ethics-Based Corporate Social Responsibility: Mitigating Microfinance Risk in Institutional Voids (2013, unknown): “Though all MFIs attend to social and economic responsibility, they do so to varying degrees (Tchakoute-Tchuigoua 2010).”