The Impact of Social Beliefs on Microfinance Performance
(2015) In Journal of International Development 27(7). p.1074-1097- Abstract
- We apply a panel of 331 microfinance institutions from 37 countries to investigate the relationship between social beliefs and microfinance financial performance over the period of 2003-2011. We find that microfinance institutions in countries with higher levels of trust and more collectivist culture have lower operating and default costs and charge lower interest rates. These results provide the first large cross-country evidence that social beliefs are important determinants of microfinance performance. Copyright (c) 2014 John Wiley & Sons, Ltd.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/8401078
- author
- Burzynska, Katarzyna LU and Berggren, Olle
- organization
- publishing date
- 2015
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- collectivism, trust, informal institutions, performance, microfinance
- in
- Journal of International Development
- volume
- 27
- issue
- 7
- pages
- 1074 - 1097
- publisher
- John Wiley & Sons Inc.
- external identifiers
-
- wos:000363696200011
- scopus:84945458907
- ISSN
- 1099-1328
- DOI
- 10.1002/jid.3053
- language
- English
- LU publication?
- yes
- id
- 4c92444a-aad1-4da0-a820-97bfbf3d9759 (old id 8401078)
- date added to LUP
- 2016-04-01 10:22:48
- date last changed
- 2022-04-27 21:29:32
@article{4c92444a-aad1-4da0-a820-97bfbf3d9759, abstract = {{We apply a panel of 331 microfinance institutions from 37 countries to investigate the relationship between social beliefs and microfinance financial performance over the period of 2003-2011. We find that microfinance institutions in countries with higher levels of trust and more collectivist culture have lower operating and default costs and charge lower interest rates. These results provide the first large cross-country evidence that social beliefs are important determinants of microfinance performance. Copyright (c) 2014 John Wiley & Sons, Ltd.}}, author = {{Burzynska, Katarzyna and Berggren, Olle}}, issn = {{1099-1328}}, keywords = {{collectivism; trust; informal institutions; performance; microfinance}}, language = {{eng}}, number = {{7}}, pages = {{1074--1097}}, publisher = {{John Wiley & Sons Inc.}}, series = {{Journal of International Development}}, title = {{The Impact of Social Beliefs on Microfinance Performance}}, url = {{http://dx.doi.org/10.1002/jid.3053}}, doi = {{10.1002/jid.3053}}, volume = {{27}}, year = {{2015}}, }