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The stakeholder governance of microfinance

In: Public Banks in the Age of Financialization

Author

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  • Magdalena Dieterle

Abstract

The author argues that stakeholder-based financial institutions with supportive governance structures and local ownership (whether explicit or implicit) can offer healthier and more stable growth, even in times of crisis, for the institutions, their customers, and the communities in which they are based. This claim is based on a look at the history of microfinance that goes back to Irish loan funds and an analysis of today’s microfinance institutions, especially those with a sense of client ownership.

Suggested Citation

  • Magdalena Dieterle, 2017. "The stakeholder governance of microfinance," Chapters, in: Christoph Scherrer (ed.), Public Banks in the Age of Financialization, chapter 13, pages 230-242, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17305_13
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