Microfinance, Gender and Performance: Do Microfinance Institutions perform better if they have more women in the organization?
Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
This thesis aims to investigate the impact of women in internal corporate governance and management in microfinance institutions (MFI). More specifically, we study if a higher percentage of women among board members, managers and loan officers are associated with better performance in these organizations. Previous empirical findings indicate that the presence of more women at different levels in microfinance institutions may have effects on performance. However, this is a research topic that is yet to be fully covered and few investigations give clear theoretical intuition to actually explain this relationship. Therefore we address different theoretical approaches to explain the indications of our research results. Because microfinance institutions often have a double bottom line we look at both measurements of financial performance and measurements of outreach performance. We take panel data from the Microfinance Information Exchange Inc. between 2010 and 2012 and use a linear CRSE estimator to study these effects. We find that a higher percentage of women among managers and loan officers positively affect depth of outreach. Further, we find that given that the MFI has a clear emphasis on female borrowers a higher percentage among board members and managers have a positive relationship with financial performance.
Place, publisher, year, edition, pages
Development economics, governance, gender, microfinance, performance
IdentifiersURN: urn:nbn:se:uu:diva-226588OAI: oai:DiVA.org:uu-226588DiVA: diva2:726519
Bali Swain, Ranjula, Forskare
Ohlsson, Henry, Professor