Do Female Loan Officers Mitigate Social-Financial Trade-Offs in Microfinance?

Autor:	Samuel Anokye Nyarko, Moez Bennouri, Anastasia Cozarenco, Naome Otiti
Rok vydání:	2021
Předmět:	Microfinance Financial performance Loan Negative relationship law Trade offs Corporate social responsibility Financial system Sample (statistics) Business Test (assessment) law.invention
Zdroj:	SSRN Electronic Journal.
ISSN:	1556-5068
DOI:	10.2139/ssrn.3921675
Popis:	This paper revisits social-financial trade-offs in microfinance. We theorize that workforce diversity mitigates the divergence between social and financial performance levels. We test our prediction by performing fixed-effects generalised least squares regressions on a global sample of 1257 microfinance institutions (MFIs) in 107 countries over the period 2010–2018. Confirming our prediction, the empirical results show that the proportion of female loan officers attenuates the negative relationship between the social performance and the financial performance of MFIs. We attribute our findings to the personal characteristics of female loan officers and the high repayment rates of loans that are disbursed and monitored by them. Our findings draw attention to the uneven manifestation of social-financial trade-offs among MFIs.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::4a9bcb9a1c401f768d3d321686555bfc https://doi.org/10.2139/ssrn.3921675 Zobrazit plný text záznamu