Governance and performance of microfinance institutions in Mediterranean countries
This paper examines empirically the relation between governance mechanisms and the performance of Euro‐Mediterranean microfinance institutions (MFIs) in terms of outreach and sustainability. Specifically, we found that performance‐based compensation of managers is not associated with better perform...
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Format: | Article |
Language: | English |
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Vilnius Gediminas Technical University
2009-03-01
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Series: | Journal of Business Economics and Management |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/JBEM/article/view/6216 |