Corporate governance in microfinance organizations: along and winding road

By M. Labie. 2001

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Intellectual capital and performance: testing interaction effects (2010, background): “Microfinance industry represents part of financial sector set up to finance small and micro-enterprises, which are excluded from the traditional banking practice (Labie, 2001; Ledgerwood, 1999; Kalyango, 2004; Megicks et al., 2005).”
Governance and Performance of Microfinance Institutions in Mediterranean Countries (2009, background): “Indeed, as Labie (2001) observes, in the last decade corporate governance principles have imposed themselves as the basic rules for any well-run company to follow.”
On the Efficiency Effects of Subsidies in Microfinance: An Empirical Inquiry (2011, background): “5 On the distinction between “mission-oriented” nonprofit organizations and “profit-oriented”, see Besley and Ghatak (2005) or Labie (2001) 7 Along these lines, Armendariz and Morduch (2005) argue for targeting subsidies in financing start-up expenses and institutional capacity building.6 Morduch…”
Which Governance Mechanisms Promote Efficiency in Reaching Poor Clients? Evidence from Rated Microfinance Institutions (2012, unknown): “In practice, MFIs want to identify board members who are able and willing to dedicate the time needed to effectively monitor management (Labie, 2001, 2003).”