IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-01667328.html
   My bibliography  Save this paper

How do social performance and financial performance of microfinance institutions interact: A panel data study upon the MENA region (1998-2011)

Author

Listed:
  • Philippe Adair

    (ERUDITE - Equipe de Recherche sur l’Utilisation des Données Individuelles en lien avec la Théorie Economique - UPEM - Université Paris-Est Marne-la-Vallée - UPEC UP12 - Université Paris-Est Créteil Val-de-Marne - Paris 12)

  • Imene Berguiga

Abstract

The relationship between social performance (SP) and financial performance (FP) of microfi-nance institutions (MFIs) in the Middle East and North Africa (MENA) region is a matter of substitution or complementarity. A panel data study (1998-2011) upon a sample of 64 MFIs in nine MENA countries examines both one-way and reciprocal dependency between SP and FP. We document the various determinants according to information transparency, credit methodology, status, the operating area of MFIs and their macroeconomic environment. Simultaneous equations models show that SP has a negative impact upon FP and conversely for mature MFIs: hence, substitution takes place. However, there is no clear interaction between these performances.

Suggested Citation

  • Philippe Adair & Imene Berguiga, 2014. "How do social performance and financial performance of microfinance institutions interact: A panel data study upon the MENA region (1998-2011)," Post-Print hal-01667328, HAL.
  • Handle: RePEc:hal:journl:hal-01667328
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Philippe Adair & Imene Berguiga, 2017. "What Determines Premium of MFIs in the Mena Region? A Panel Data Analysis (2004- 2014)," Post-Print hal-01667346, HAL.
    2. I. Berguiga & Y.Ben Said & P. Adair, 2020. "The Social and Financial Performance of Microfinance Institutions in the Middle East and North Africa Region: Do Islamic Institutions Outperform Conventional Institutions?," Journal of International Development, John Wiley & Sons, Ltd., vol. 32(7), pages 1075-1100, October.
    3. Akouvi Gadedjisso-Tossou & Curwitch P’ham Bodjona & Maman Tachiwou Aboudou & Jean-Pierre Gueyie, 2021. "The Influence of CSR Practices on the Financial Performance of Microfinance Institutions in Togo," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 13(2), pages 1-52, February.
    4. Philippe Adair & Imène Berguiga, 2015. "The interest rates and performance of MFIs in the MENA region: is there a moral issue?," Post-Print hal-01667342, HAL.
    5. Mohammad Aslam & Senthil Kumar & Shahryar Sorooshian, 2019. "Social Versus Financial Performance of Microfinance: Bangladesh Perspective," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(3), pages 263-272, December.
    6. Philippe Adair & Imène Berguiga, 2021. "A survey on funding MSMEs and female entrepreneurs in MENA countries and the microfinance issue," Erudite Working Paper 2021-12, Erudite.
    7. Imène Berguiga & Yosra Said & Philippe Adair, 2017. "The social and financial performance of Microfinance institutions in the MENA region: Do Islamic institutions perform better?," Post-Print hal-01667406, HAL.

    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:hal:journl:hal-01667328. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.