IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789811206887_0004.html
   My bibliography  Save this book chapter

Financial and Social Efficiencies of Microfinance Institutions: A Malmquist Productivity Index (MPI) Approach

In: Corporate Social Responsibility, Ethics and Sustainable Prosperity

Author

Listed:
  • Lâma Daher
  • Erwan Le Saout

Abstract

The goal of this chapter is to analyze the effect of the recent global financial crisis on the efficiency of microfinance institutions (MFIs). The double-bottom line of MFIs is considered through the assessment of two distinct efficiency indices. On the one hand, the financial efficiency measures the financial revenues compared to the costs disbursed to generate them. On the other hand, the social efficiency measures the social outreach compared to the costs deployed to provide microfinance services to the poor. The study employs the DEA-based Malmquist Productivity Index methodology to assess the change in efficiency between two time periods. Using a dataset composed of 362 MFIs between 2005 and 2011, the results suggest a decline in both dimensions of efficiency during the crisis. The deterioration was the most marked for commercial MFIs that are closely connected to developed financial markets. The sources of deterioration were mainly related to regression in management practices rather than scale.

Suggested Citation

  • Lâma Daher & Erwan Le Saout, 2019. "Financial and Social Efficiencies of Microfinance Institutions: A Malmquist Productivity Index (MPI) Approach," World Scientific Book Chapters, in: Sabri Boubaker & Duc Khuong Nguyen (ed.), Corporate Social Responsibility, Ethics and Sustainable Prosperity, chapter 4, pages 101-126, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811206887_0004
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789811206887_0004
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789811206887_0004
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Corporate Social Responsibility; Ethics; Sustainable Prosperity; Corporate Decision Making; Corporate Social Performance; Fraud; Microfinance Institutions; Financial Institutions; Environmental Performance; Corporate Governance; Value Creation; Circular Economy; Asian Infrastructure Investment Bank; Green Finance; Sustainable Value Money; Turkish Banking Sector; Lending Decisions;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789811206887_0004. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.