Details about Roy Mersland

Access statistics for papers by Roy Mersland.

Last updated 2025-05-15. Update your information in the RePEc Author Service.

Short-id: pme212

Working Papers

2024

1. Melting pot versus salad bowl: Exploring the effect of composition diversity on saving groups' performance
   French Stata Users' Group Meetings 2024, Stata Users Group

2019

2. Do social enterprises walk the talk? Assessing microfinance performances with mission statements
   ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (25)
   See also Journal Article Do social enterprises walk the talk? Assessing microfinance performances with mission statements, Journal of Business Venturing Insights, Elsevier (2019) View citations (24) (2019)
3. Economies of Diversification in Microfinance: Evidence from Quantile Estimation on Panel Data
   MPRA Paper, University Library of Munich, Germany
   See also Journal Article Economies of diversification in microfinance: Evidence from quantile estimation on panel data, Finance Research Letters, Elsevier (2020) View citations (1) (2020)

2016

4. Female Leaders and Financial Inclusion. Evidence from Microfinance Institutions
   Working Papers, Oslo Metropolitan University, Oslo Business School
   Also in Working Papers CEB, ULB -- Universite Libre de Bruxelles (2016) View citations (1)
   See also Journal Article Female Leaders and Financial Inclusion: Evidence from Microfinance Institutions, Review of Corporate Finance, now publishers (2023) View citations (1) (2023)
5. From NGOs to banks: Does institutional transformation alter the business model of microfinance institutions?
   Working Papers CEB, ULB -- Universite Libre de Bruxelles View citations (4)
   See also Journal Article From NGOs to Banks: Does Institutional Transformation Alter the Business Model of Microfinance Institutions?, World Development, Elsevier (2017) View citations (67) (2017)
6. The influence of CEO power on agency costs in non-profit organisations: evidence from the global microfinance industry
   Working Papers CEB, ULB -- Universite Libre de Bruxelles
7. The origin of CEOs and its influence on microfinance performance and risk-taking
   Working Papers CEB, ULB -- Universite Libre de Bruxelles

2015

8. Discrimination by Microcredit Officers: Theory and Evidence on Disability in Uganda
   ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (25)
   Also in Working Papers CEB, ULB -- Universite Libre de Bruxelles (2010) View citations (11)
   DULBEA Working Papers, ULB -- Universite Libre de Bruxelles (2011) View citations (4)
   See also Journal Article Discrimination by microcredit officers: Theory and evidence on disability in Uganda, The Quarterly Review of Economics and Finance, Elsevier (2015) View citations (26) (2015)

2013

9. Are Women Better Bankers to the Poor? Evidence from Rural Microfinance Institutions
   2014 Allied Social Sciences Association (ASSA) Annual Meeting, January 3-5, 2014, Philadelphia, PA, Agricultural and Applied Economics Association
   See also Journal Article Are Women Better Bankers to the Poor? Evidence from Rural Microfinance Institutions, American Journal of Agricultural Economics, Agricultural and Applied Economics Association (2014) View citations (37) (2014)
10. Audit Quality and Corporate Governance: Evidence from the Microfinance Industry
    Working Papers CEB, ULB -- Universite Libre de Bruxelles View citations (2)
    Also in Working Papers CEB, ULB -- Universite Libre de Bruxelles (2012)
11. Ownership, board compensation and company performance in sub-Saharan African countries
    Working Papers CEB, ULB -- Universite Libre de Bruxelles View citations (1)
    See also Journal Article Ownership, Board Compensation and Company Performance in Sub-Saharan African Countries, Journal of Emerging Market Finance, Institute for Financial Management and Research (2016) View citations (4) (2016)

2011

12. Do microfinance rating assessments make sense? An analysis of the drivers of the MFI ratings
    Working Papers CEB, ULB -- Universite Libre de Bruxelles View citations (2)
13. Performance and international investments in microfinance institutions
    Working Papers CEB, ULB -- Universite Libre de Bruxelles View citations (3)

2007

14. Microbanks: Ownership, performance and social tradeoffs - a global analysis
    MPRA Paper, University Library of Munich, Germany View citations (3)
15. Performance and corporate governance in microfinance institutions
    MPRA Paper, University Library of Munich, Germany View citations (7)
    Also in MPRA Paper, University Library of Munich, Germany (2007) View citations (14)
16. The cost of ownership in microfinance organization
    MPRA Paper, University Library of Munich, Germany View citations (2)
    See also Journal Article The Cost of Ownership in Microfinance Organizations, World Development, Elsevier (2009) View citations (73) (2009)

2005

17. Microcredit for self-employed disabled persons in developing countries
    MPRA Paper, University Library of Munich, Germany View citations (2)
18. The agenda and relevance of recent research in Microfinance
    MPRA Paper, University Library of Munich, Germany View citations (1)

Journal Articles

2025

1. Are All Deposit Products in the Microfinance World Created Equal?
   Emerging Markets Finance and Trade, 2025, 61, (5), 1160-1176
2. Lending to Women and Credit Risk in Microfinance Institutions: The Moderating Effects of Patriarchy and Female Leadership
   Journal of Development Studies, 2025, 61, (4), 614-637
3. The impact of debt: International versus local debt in microfinance organizations
   Research in International Business and Finance, 2025, 76, (C)

2024

4. Achieving Double Bottom-Line Performance in Hybrid Organisations: A Machine-Learning Approach
   Journal of Business Ethics, 2024, 190, (3), 625-647
5. Autonomy and Financial Performance in Informal Savings Associations
   Journal of Development Studies, 2024, 60, (9), 1352-1371
6. Impact of climate change training intervention in savings groups
   Journal of International Development, 2024, 36, (4), 2047-2062
7. Informal Insurance and Loans in Savings Groups: A Longitudinal and Quasi-experimental Approach Identifies the Role of the Welfare Fund for the Extreme Poor
   Review of Development Finance Journal, 2024, 14, (1), 1-10
8. The impact of liability of foreignness on performance in hybrid organizations
   Journal of International Management, 2024, 30, (2) View citations (1)

2023

9. Excessive focus on risk? Non‐performing loans and efficiency of microfinance institutions
   International Journal of Finance & Economics, 2023, 28, (2), 1290-1307
10. Female Leaders and Financial Inclusion: Evidence from Microfinance Institutions
    Review of Corporate Finance, 2023, 3, (1-2), 69-97 View citations (1)
    See also Working Paper Female Leaders and Financial Inclusion. Evidence from Microfinance Institutions, Working Papers (2016) (2016)

2022

11. Are NGOs and cooperatives similar or different? A global survey using microfinance data
    Journal of Management & Governance, 2022, 26, (2), 641-683
12. Does it (Re)pay to be Female? Considering Gender in Microfinance Loan Officer-Client Pairs
    Journal of Development Studies, 2022, 58, (2), 259-274 View citations (2)
13. Employee tenure and staff performance: The case of a social enterprise
    Journal of Business Research, 2022, 139, (C), 457-467 View citations (1)

2021

14. Bifurcations in business profitability: An agent-based simulation of homophily in self-financing groups
    Journal of Business Research, 2021, 129, (C), 495-514 View citations (4)
15. Is employee-client matching good for firms targeting the bottom of the pyramid? A study of microfinance institutions
    International Journal of Development Issues, 2021, 20, (1), 1-23 View citations (1)
16. Measuring Social Performance in Social Enterprises: A Global Study of Microfinance Institutions
    Journal of Business Ethics, 2021, 171, (1), 51-71 View citations (12)
17. What Drives Profits in Savings Groups? Bayesian Data Mining Evidence from the SAVIX Database
    Review of Development Finance Journal, 2021, 11, (2), 39-57

2020

18. A hybrid approach to international market selection: The case of impact investing organizations
    International Business Review, 2020, 29, (1) View citations (13)
19. BOARD GOVERNANCE: DOES OWNERSHIP MATTER?
    Annals of Public and Cooperative Economics, 2020, 91, (1), 5-28 View citations (6)
20. Economies of diversification in microfinance: Evidence from quantile estimation on panel data
    Finance Research Letters, 2020, 34, (C) View citations (1)
    See also Working Paper Economies of Diversification in Microfinance: Evidence from Quantile Estimation on Panel Data, MPRA Paper (2019) (2019)
21. The research frontier on internationalization of social enterprises
    Journal of World Business, 2020, 55, (5) View citations (9)

2019

22. Do social enterprises walk the talk? Assessing microfinance performances with mission statements
    Journal of Business Venturing Insights, 2019, 11, (C), - View citations (24)
    See also Working Paper Do social enterprises walk the talk? Assessing microfinance performances with mission statements, ULB Institutional Repository (2019) View citations (25) (2019)
23. Geographic diversification and credit risk in microfinance
    Journal of Banking & Finance, 2019, 109, (C) View citations (24)
24. The Commercialization of the Microfinance Industry: Is There a ‘Personal Mission Drift’ Among Credit Officers?
    Journal of Business Ethics, 2019, 158, (1), 119-134 View citations (11)
25. The Origin of Chief Executive Officers and Performance in Hybrid Businesses: The Case of Microfinance
    Journal of Small Business Management, 2019, 57, (4), 1578-1594 View citations (1)
26. The Performance Impact of Informal and Formal Institutional Differences in Cross-Border Alliances
    International Business Review, 2019, 28, (1), 104-118 View citations (14)
27. The effect of language use on the financial performance of microfinance banks: Evidence from cross-border activities in 74 countries
    Journal of World Business, 2019, 54, (3), 213-229 View citations (14)

2018

28. Board committees and performance in microfinance institutions
    International Journal of Emerging Markets, 2018, 13, (2), 350-370
29. Do microfinance institutions benefit from integrating financial and nonfinancial services?
    Applied Economics, 2018, 50, (21), 2386-2401 View citations (17)
30. Use of Big Four auditors and fund raising: evidence from developing and emerging markets
    International Journal of Emerging Markets, 2018, 13, (2), 371-390

2017

31. Exploring Microfinance Clients with Disabilities: A Case Study of an Ecuadorian Microbank
    Journal of Development Studies, 2017, 53, (11), 1929-1943 View citations (2)
32. From NGOs to Banks: Does Institutional Transformation Alter the Business Model of Microfinance Institutions?
    World Development, 2017, 89, (C), 19-33 View citations (67)
    See also Working Paper From NGOs to banks: Does institutional transformation alter the business model of microfinance institutions?, Working Papers CEB (2016) View citations (4) (2016)
33. The influence of the CEO’s business education on the performance of hybrid organizations: the case of the global microfinance industry
    Small Business Economics, 2017, 49, (2), 339-354 View citations (9)

2016

34. Motivations for Business Start‐up: Are There any Differences Between Disabled and Non‐disabled Microfinance Clients?
    Journal of International Development, 2016, 28, (1), 147-149 View citations (5)
35. Ownership, Board Compensation and Company Performance in Sub-Saharan African Countries
    Journal of Emerging Market Finance, 2016, 15, (2), 191-224 View citations (4)
    See also Working Paper Ownership, board compensation and company performance in sub-Saharan African countries, Working Papers CEB (2013) View citations (1) (2013)

2015

36. Discrimination by microcredit officers: Theory and evidence on disability in Uganda
    The Quarterly Review of Economics and Finance, 2015, 58, (C), 44-55 View citations (26)
    See also Working Paper Discrimination by Microcredit Officers: Theory and Evidence on Disability in Uganda, ULB Institutional Repository (2015) View citations (25) (2015)
37. Should all microfinance institutions mobilize microsavings? Evidence from economies of scope
    Empirical Economics, 2015, 48, (1), 193-225 View citations (25)
38. The Impact of Entrepreneur–CEOs in Microfinance Institutions: A Global Survey
    Entrepreneurship Theory and Practice, 2015, 39, (4), 927-953 View citations (7)

2014

39. Are Women Better Bankers to the Poor? Evidence from Rural Microfinance Institutions
    American Journal of Agricultural Economics, 2014, 96, (5), 1291-1306 View citations (37)
    See also Working Paper Are Women Better Bankers to the Poor? Evidence from Rural Microfinance Institutions, 2014 Allied Social Sciences Association (ASSA) Annual Meeting, January 3-5, 2014, Philadelphia, PA (2013) (2013)
40. Boards in microfinance institutions: how do stakeholders matter?
    Journal of Management & Governance, 2014, 18, (1), 285-313 View citations (16)
41. Female leadership, performance, and governance in microfinance institutions
    Journal of Banking & Finance, 2014, 42, (C), 60-75 View citations (99)
42. The Association between microfinance rating scores and corporate governance: a global survey
    International Review of Financial Analysis, 2014, 35, (C), 268-280 View citations (10)

2013

43. Focus on Women in Microfinance Institutions
    Journal of Development Studies, 2013, 49, (5), 589-608 View citations (54)
44. Governance and scope economies in microfinance institutions
    International Journal of Corporate Governance, 2013, 4, (1), 74-96 View citations (5)
45. Scale economies and input price elasticities in microfinance institutions
    Journal of Banking & Finance, 2013, 37, (1), 118-131 View citations (60)
46. Stimulating economic growth in the least developed countries: direct cash transfers for the retired via mobile phones
    Journal of Economic Policy Reform, 2013, 16, (3), 259-271 View citations (1)
47. The Effects of Religion on Development Efforts: Evidence from the Microfinance Industry and a Research Agenda
    World Development, 2013, 41, (C), 145-156 View citations (26)

2012

48. Do Powerful CEOs Determine Microfinance Performance?
    Journal of Management Studies, 2012, 49, (4), 718-742 View citations (48)
49. The use of microfinance services among economically active disabled people: Evidence from Uganda
    Journal of International Development, 2012, 24, S69-S83 View citations (7)
50. Which Governance Mechanisms Promote Efficiency in Reaching Poor Clients? Evidence from Rated Microfinance Institutions
    European Financial Management, 2012, 18, (2), 218-239 View citations (55)

2011

51. The impact of international influence on microbanks' performance: A global survey
    International Business Review, 2011, 20, (2), 163-176 View citations (51)
52. Women and Repayment in Microfinance: A Global Analysis
    World Development, 2011, 39, (5), 758-772 View citations (151)

2010

53. Microfinance Mission Drift?
    World Development, 2010, 38, (1), 28-36 View citations (191)

2009

54. Performance and governance in microfinance institutions
    Journal of Banking & Finance, 2009, 33, (4), 662-669 View citations (211)
55. The Cost of Ownership in Microfinance Organizations
    World Development, 2009, 37, (2), 469-478 View citations (73)
    See also Working Paper The cost of ownership in microfinance organization, MPRA Paper (2007) View citations (2) (2007)

2008

56. Performance and trade-offs in Microfinance Organisations-does ownership matter?
    Journal of International Development, 2008, 20, (5), 598-612 View citations (60)

Edited books

2014

1. Microfinance Institutions
   Palgrave Studies in Impact Finance, Palgrave Macmillan

Chapters

2014

1. Measuring Microfinance Performance
   Palgrave Macmillan View citations (5)
2. Microbank Regulation and Earnings Quality: A Global Survey
   Palgrave Macmillan
3. Microfinance Financial and Social Performance: An Introduction
   Palgrave Macmillan View citations (1)

2013

4. Earnings Quality in the Microfinance Industry
   Palgrave Macmillan View citations (1)

2012

5. Governance and Microfinance Institutions
   Chapter 29 in Research Handbook on International Banking and Governance, 2012

2011

6. Corporate Governance Challenges in Microfinance
   Chapter 13 in The Handbook Of Microfinance, 2011, pp 283-298 View citations (14)