Performance Management of Double Bottom Line Institutions: Evidence from Banco Compartamos’s Productivity Distribution
Marek Hudon and
Anaïs Périlleux ()
No 11-056, Working Papers CEB from ULB -- Universite Libre de Bruxelles
Abstract:
We use an innovative methodology to analyze social responsibility in double bottom line institutions such as microfinance institutions. We provide empirical evidence on the distribution of the generated surplus between the key stakeholders of one of the most famous MFIs worldwide: Banco Compartamos. Our results suggest that productivity gains generated by the institution have been primarily kept as gross self-financing margin for future investments or dividends for investors.
Keywords: microfinance; governance; Compartamos; productivity (search for similar items in EconPapers)
JEL-codes: G21 O16 O50 (search for similar items in EconPapers)
Pages: 20 p.
Date: 2011-11
New Economics Papers: this item is included in nep-eff and nep-mfd
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Citations: View citations in EconPapers (1)
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