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Influence of international ownership on the performance of local social enterprises: Evidence from the global microfinance industry

Author

Listed:
  • Kwame Ohene Djan
  • Samuel Anokye Nyarko
  • Roy Mersland

    (UIA - University of Agder)

  • Leif Atle Beisland
  • Linda Nakato

Abstract

International ownership positively impacts the social performance of social enterprises at the expense of financial performance. International owners mostly use their resources and controlling rights to improve social performance at the expense of financial performance. Current ownership theories do not address how the multidimensional utility function might affect the governance and financing of a social enterprise. There is a need to develop theories for firms with conflicting objectives.

Suggested Citation

  • Kwame Ohene Djan & Samuel Anokye Nyarko & Roy Mersland & Leif Atle Beisland & Linda Nakato, 2023. "Influence of international ownership on the performance of local social enterprises: Evidence from the global microfinance industry," Post-Print hal-05221043, HAL.
    • Handle: RePEc:hal:journl:hal-05221043
    DOI: 10.1002/jsc.2536
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    JEL classification:

    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • G - Financial Economics

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