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Impacto de los indicadores financieros en el desempeño de las instituciones microfinancieras en México: un estudio de panel desbalanceado

Author

Listed:
  • Miranda-Reyna, Montserrat

    (EGADE Business School)

  • Carrillo-Urbina, Gilberto Jaime

    (EGADE Business School)

Abstract

Las instituciones microfinancieras tienen un objetivo social, sin embargo, para poder lograrlo primero deben asegurar la rentabilidad y la viabilidad financiera. El presente trabajo explora el impacto que indicadores clave tienen en la rentabilidad medida mediante el ROA y la viabilidad financiera medida mediante OSS en IMFs mexicanas, usando un panel desbalanceado. Los resultados muestran que el mercado mexicano se comporta de manera similar a otros. El porcentaje de mujeres prestatarias, muy estudiado en la literatura, no es relevante para la rentabilidad, mientras que sí lo es para la viabilidad financiera y finalmente el tamaño de la empresa resulta no relevante para el desempeño financiero de ésta./ Microfinance institutions have a social goal, however in order for them to be able to achieve it they have to secure first financial viability. This work explores the impact of financial indicators in the profitability and sustainability of Mexican institutions using an unbalanced panel. The results show that the Mexican industry behaves similar to that in other countries. Significant variables for financial viability include percent of female borrowers, but not size of enterprise measured by assets held.Classification-JEL: G15, C33.

Suggested Citation

  • Miranda-Reyna, Montserrat & Carrillo-Urbina, Gilberto Jaime, 2017. "Impacto de los indicadores financieros en el desempeño de las instituciones microfinancieras en México: un estudio de panel desbalanceado," eseconomía, Escuela Superior de Economía, Instituto Politécnico Nacional, vol. 12(46), pages 41-60, Primer se.
    • Handle: RePEc:ipn:esecon:v:12:y:2017:i:46:p:41-60
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    References listed on IDEAS

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    More about this item

    Keywords

    rentabilidad; la autosuficiencia operativa; instituciones microfinancieras; los indicadores financieros./ profitability; operational self-sufficiency; microfinancial institutions; financial indicators.;
    All these keywords.

    JEL classification:

    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

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