Corporate Governance in Microfinance: Credit Unions

Marc Labie () and Anaïs Périlleux ()

No 08-003.RS, Working Papers CEB from Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, Centre Emile Bernheim (CEB)

Abstract: As part of the tremendous development experienced by microfinance over the last few years, one type of institution has not generated all the attention that it could : credit unions. This can be explained by the frequent corporate governance weaknesses of this type of institution, which have been identified as a major limit and constraint to their development. This paper tries to deal with this issue by tackling the reasons why corporate governance of credit unions is so difficult to deal with, and by presenting various mechanisms and research areas which could play a role in solving this problem.

Keywords: microfinance; savings and credit cooperatives; credit unions; corporate governance; growth; development. (search for similar items in EconPapers)
JEL-codes: G21 G3 L2 L3 O16 O17 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev and nep-mfd
Date: 2008-02
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http://www.solvay.edu/EN/Research/Bernheim/documents/wp08003.pdf First version, 2008 (application/pdf)

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Persistent link: http://EconPapers.repec.org/RePEc:sol:wpaper:08-003

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