Details about Roy Mersland

Access statistics for papers by Roy Mersland.

Last updated 2025-08-25. 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

2023

2. Influence of international ownership on the performance of local social enterprises: Evidence from the global microfinance industry
   ULB Institutional Repository, ULB -- Universite Libre de Bruxelles

2019

3. Do social enterprises walk the talk? Assessing microfinance performances with mission statements
   ULB Institutional Repository, ULB -- Universite Libre de Bruxelles View citations (26)
   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 (25) (2019)
4. 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, EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics (2020) (2020)

2016

5. 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)
6. 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?, EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics (2017) (2017)
7. 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
8. The origin of CEOs and its influence on microfinance performance and risk-taking
   Working Papers CEB, ULB -- Universite Libre de Bruxelles

2015

9. 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, EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics (2015) (2015)

2013

10. 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, EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics (2014) (2014)
11. 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)
    See also Journal Article Audit Quality and Corporate Governance: Evidence from the Microfinance Industry, EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics (2015) (2015)
12. 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, EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics (2016) (2016)

2011

13. 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)
14. Performance and international investments in microfinance institutions
    Working Papers CEB, ULB -- Universite Libre de Bruxelles View citations (3)

2007

15. Microbanks: Ownership, performance and social tradeoffs - a global analysis
    MPRA Paper, University Library of Munich, Germany View citations (3)
16. 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)
17. 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 (74) (2009)

2005

18. Microcredit for self-employed disabled persons in developing countries
    MPRA Paper, University Library of Munich, Germany View citations (2)
19. 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. Multibanking in microfinance yields positive performance: Evidence from Ecuadorian entrepreneurs
   Emerging Markets Review, 2025, 67, (C)
4. The impact of debt: International versus local debt in microfinance organizations
   Research in International Business and Finance, 2025, 76, (C)

2024

5. Achieving Double Bottom-Line Performance in Hybrid Organisations: A Machine-Learning Approach
   Journal of Business Ethics, 2024, 190, (3), 625-647 View citations (1)
6. Autonomy and Financial Performance in Informal Savings Associations
   Journal of Development Studies, 2024, 60, (9), 1352-1371
7. Impact of climate change training intervention in savings groups
   Journal of International Development, 2024, 36, (4), 2047-2062
8. 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
9. The impact of liability of foreignness on performance in hybrid organizations
   Journal of International Management, 2024, 30, (2) View citations (2)

2023

10. Does It Pay to be Green? A Study of the Global Microfinance Industry
    EconStor Open Access Articles and Book Chapters, 2023, 52, (3), 631-653
11. Excessive focus on risk? Non‐performing loans and efficiency of microfinance institutions
    International Journal of Finance & Economics, 2023, 28, (2), 1290-1307 View citations (1)
    Also in EconStor Open Access Articles and Book Chapters, 2021, 28, (2), 1290-1307 (2021)
12. 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

13. Are NGOs and cooperatives similar or different? A global survey using microfinance data
    Journal of Management & Governance, 2022, 26, (2), 641-683
14. 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)
15. Employee tenure and staff performance: The case of a social enterprise
    Journal of Business Research, 2022, 139, (C), 457-467 View citations (1)
    Also in EconStor Open Access Articles and Book Chapters, 2022, 139, 457-467 (2022)

2021

16. 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)
17. 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)
    Also in EconStor Open Access Articles and Book Chapters, 2021, 20, (1), 1-23 (2021)
18. Measuring Social Performance in Social Enterprises: A Global Study of Microfinance Institutions
    Journal of Business Ethics, 2021, 171, (1), 51-71 View citations (14)
    Also in EconStor Open Access Articles and Book Chapters, 2021, 171, (1), 51-71 (2021)
19. 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

20. A hybrid approach to international market selection: The case of impact investing organizations
    EconStor Open Access Articles and Book Chapters, 2020, 29, (1), 1-12
    Also in International Business Review, 2020, 29, (1) (2020) View citations (14)
21. BOARD GOVERNANCE: DOES OWNERSHIP MATTER?
    Annals of Public and Cooperative Economics, 2020, 91, (1), 5-28 View citations (6)
22. Economies of diversification in microfinance: Evidence from quantile estimation on panel data
    EconStor Open Access Articles and Book Chapters, 2020, 34, 1-7
    Also in Finance Research Letters, 2020, 34, (C) (2020) View citations (1)
    See also Working Paper Economies of Diversification in Microfinance: Evidence from Quantile Estimation on Panel Data, MPRA Paper (2019) (2019)
23. The research frontier on internationalization of social enterprises
    EconStor Open Access Articles and Book Chapters, 2020, 55, (5), 1-8
    Also in EconStor Open Access Articles and Book Chapters, 2020, 55, (5), 1-8 (2020)
    Journal of World Business, 2020, 55, (5) (2020) View citations (10)

2019

24. Do social enterprises walk the talk? Assessing microfinance performances with mission statements
    Journal of Business Venturing Insights, 2019, 11, (C), - View citations (25)
    Also in EconStor Open Access Articles and Book Chapters, 2019, 11 (2019)
    See also Working Paper Do social enterprises walk the talk? Assessing microfinance performances with mission statements, ULB Institutional Repository (2019) View citations (26) (2019)
25. Geographic diversification and credit risk in microfinance
    Journal of Banking & Finance, 2019, 109, (C) View citations (25)
    Also in EconStor Open Access Articles and Book Chapters, 2019, 109, 1-13 (2019)
26. Influence of Ownership Type and CEO Power on Residual Loss: Evidence From the Global Microfinance Industry
    EconStor Open Access Articles and Book Chapters, 2019, 48, (5), 998-1022
27. The Commercialization of the Microfinance Industry: Is There a "Personal Mission Drift" Among Credit Officers?
    EconStor Open Access Articles and Book Chapters, 2019, 158, (1), 119-134
    Also in Journal of Business Ethics, 2019, 158, (1), 119-134 (2019) View citations (11)
28. 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)
    Also in EconStor Open Access Articles and Book Chapters, 2019, 57, (4), 1578-1594 (2019)
29. The Performance Impact of Informal and Formal Institutional Differences in Cross-Border Alliances
    EconStor Open Access Articles and Book Chapters, 2019, 28, (1), 104-118
    Also in International Business Review, 2019, 28, (1), 104-118 (2019) View citations (16)
30. The effect of language use on the financial performance of microfinance banks: Evidence from cross-border activities in 74 countries
    EconStor Open Access Articles and Book Chapters, 2019, 54, (3), 213-229
    Also in Journal of World Business, 2019, 54, (3), 213-229 (2019) View citations (15)

2018

31. Board committees and performance in microfinance institutions
    International Journal of Emerging Markets, 2018, 13, (2), 350-370
32. Board committees and performance in microfinance institutions: Evidence from Ethiopia
    EconStor Open Access Articles and Book Chapters, 2018, 13, (2), 350-370
33. Capital structure and CEO tenure in microfinance institutions
    EconStor Open Access Articles and Book Chapters, 2018, 27, (4), 329-337
34. Do microfinance institutions benefit from integrating financial and nonfinancial services?
    Applied Economics, 2018, 50, (21), 2386-2401 View citations (17)
    Also in EconStor Open Access Articles and Book Chapters, 2017, 50, (21), 2386-2401 (2017)
35. Use of Big Four auditors and fund raising: evidence from developing and emerging markets
    International Journal of Emerging Markets, 2018, 13, (2), 371-390
    Also in EconStor Open Access Articles and Book Chapters, 2018, 13, (2), 371-390 (2018)

2017

36. Does Religious Affiliation Influence the Design of Corporate Governance? Evidence from the Global Microfinance Industry
    EconStor Open Access Articles and Book Chapters, 2017, 26, (2), 101-116
    Also in EconStor Open Access Articles and Book Chapters, 2017, 26, (2), 101-116 (2017)
37. Exploring Microfinance Clients with Disabilities: A Case Study of an Ecuadorian Microbank
    Journal of Development Studies, 2017, 53, (11), 1929-1943 View citations (2)
    Also in EconStor Open Access Articles and Book Chapters, 2017, 53, (11), 1929-1943 (2017)
38. From NGOs to Banks: Does Institutional Transformation Alter the Business Model of Microfinance Institutions?
    EconStor Open Access Articles and Book Chapters, 2017, 89, 19-33
    Also in World Development, 2017, 89, (C), 19-33 (2017) 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)
39. The influence of the CEO’s business education on the performance of hybrid organizations: the case of the global microfinance industry
    EconStor Open Access Articles and Book Chapters, 2017, 49, (2), 339-354
    Also in Small Business Economics, 2017, 49, (2), 339-354 (2017) View citations (10)

2016

40. Motivations for Business Start‐up: Are There any Differences Between Disabled and Non‐disabled Microfinance Clients?
    EconStor Open Access Articles and Book Chapters, 2016, 28, (1), 147-149
    Also in Journal of International Development, 2016, 28, (1), 147-149 (2016) View citations (5)
41. Ownership, Board Compensation and Company Performance in Sub-Saharan African Countries
    EconStor Open Access Articles and Book Chapters, 2016, 15, (2), 191-224
    Also in Journal of Emerging Market Finance, 2016, 15, (2), 191-224 (2016) View citations (6)
    See also Working Paper Ownership, board compensation and company performance in sub-Saharan African countries, Working Papers CEB (2013) View citations (1) (2013)

2015

42. Audit Quality and Corporate Governance: Evidence from the Microfinance Industry
    EconStor Open Access Articles and Book Chapters, 2015, 19, (3), 218-237
    See also Working Paper Audit Quality and Corporate Governance: Evidence from the Microfinance Industry, Working Papers CEB (2013) View citations (2) (2013)
43. Discrimination by microcredit officers: Theory and evidence on disability in Uganda
    EconStor Open Access Articles and Book Chapters, 2015, 58, 44-55
    Also in The Quarterly Review of Economics and Finance, 2015, 58, (C), 44-55 (2015) 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)
44. Should all microfinance institutions mobilize microsavings? Evidence from economies of scope
    EconStor Open Access Articles and Book Chapters, 2015, 48, (1), 193-225
    Also in Empirical Economics, 2015, 48, (1), 193-225 (2015) View citations (25)
45. The Impact of Entrepreneur-CEOs in Microfinance Institutions: A Global Survey
    EconStor Open Access Articles and Book Chapters, 2015, 39, (4), 927-953
46. The Impact of Entrepreneur–CEOs in Microfinance Institutions: A Global Survey
    Entrepreneurship Theory and Practice, 2015, 39, (4), 927-953 View citations (8)

2014

47. Are Women Better Bankers to the Poor? Evidence from Rural Microfinance Institutions
    EconStor Open Access Articles and Book Chapters, 2014, 96, (5), 1291-1306
    Also in American Journal of Agricultural Economics, 2014, 96, (5), 1291-1306 (2014) View citations (38)
    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)
48. Boards in microfinance institutions: how do stakeholders matter?
    EconStor Open Access Articles and Book Chapters, 2014, 18, (1), 285-313
    Also in Journal of Management & Governance, 2014, 18, (1), 285-313 (2014) View citations (16)
49. Earnings Quality in Nonprofit Versus For-Profit Organizations: Evidence From the Microfinance Industry
    EconStor Open Access Articles and Book Chapters, 2014, 43, (4), 652-671
50. Female leadership, performance, and governance in microfinance institutions
    EconStor Open Access Articles and Book Chapters, 2014, 42, 60-75
    Also in Journal of Banking & Finance, 2014, 42, (C), 60-75 (2014) View citations (99)
51. Income characteristics and the use of microfinance services: evidence from economically active persons with disabilities
    EconStor Open Access Articles and Book Chapters, 2014, 29, (3), 417-430
52. Staff characteristics and the exclusion of persons with disabilities: evidence from the microfinance industry in Uganda
    EconStor Open Access Articles and Book Chapters, 2014, 29, (7), 1061-1075
53. The Association between microfinance rating scores and corporate governance: a global survey
    EconStor Open Access Articles and Book Chapters, 2014, 35, 268-280
    Also in International Review of Financial Analysis, 2014, 35, (C), 268-280 (2014) View citations (10)

2013

54. Focus on Women in Microfinance Institutions
    Journal of Development Studies, 2013, 49, (5), 589-608 View citations (54)
    Also in EconStor Open Access Articles and Book Chapters, 2013, 49, (5), 589-608 (2013)
55. Governance and scope economies in microfinance institutions
    International Journal of Corporate Governance, 2013, 4, (1), 74-96 View citations (5)
    Also in EconStor Open Access Articles and Book Chapters, 2013, 4, (1), 74-96 (2013)
56. International Debt Financing and Performance of Microfinance Institutions
    EconStor Open Access Articles and Book Chapters, 2013, 22, (1-2), 17-29
57. Market opportunities for microfinance institutions
    EconStor Open Access Articles and Book Chapters, 2013, 24, (4), 282-294
58. Scale economies and input price elasticities in microfinance institutions
    Journal of Banking & Finance, 2013, 37, (1), 118-131 View citations (61)
    Also in EconStor Open Access Articles and Book Chapters, 2013, 37, (1), 118-131 (2013)
59. 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)
    Also in EconStor Open Access Articles and Book Chapters, 2013, 16, (3), 259-271 (2013)
60. 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)
    Also in EconStor Open Access Articles and Book Chapters, 2013, 41, 145-156 (2013)

2012

61. An Analysis of the Drivers of Microfinance Rating Assessments
    EconStor Open Access Articles and Book Chapters, 2012, 41, (2), 213-231
62. Barriers to microcredit for disabled persons: Evidence from economically active persons in Uganda
    EconStor Open Access Articles and Book Chapters, 2012, 23, (1), 11-24
63. Do Powerful CEOs Determine Microfinance Performance?
    EconStor Open Access Articles and Book Chapters, 2012, 49, (4), 718-742
    Also in Journal of Management Studies, 2012, 49, (4), 718-742 (2012) View citations (49)
64. The use of microfinance services among economically active disabled people: Evidence from Uganda
    EconStor Open Access Articles and Book Chapters, 2012, 24, (S1), S1-S197
    Also in Journal of International Development, 2012, 24, S69-S83 (2012) View citations (7)
65. Which Governance Mechanisms Promote Efficiency in Reaching Poor Clients? Evidence from Rated Microfinance Institutions
    European Financial Management, 2012, 18, (2), 218-239 View citations (56)
    Also in EconStor Open Access Articles and Book Chapters, 2012, 18, (2), 218-239 (2012)

2011

66. The governance of non-profit micro finance institutions: lessons from history
    EconStor Open Access Articles and Book Chapters, 2011, 15, (3), 327-348
67. The impact of international influence on microbanks' performance: A global survey
    International Business Review, 2011, 20, (2), 163-176 View citations (52)
    Also in EconStor Open Access Articles and Book Chapters, 2011, 20, (2), 163-176 (2011)
68. Women and Repayment in Microfinance: A Global Analysis
    World Development, 2011, 39, (5), 758-772 View citations (152)
    Also in EconStor Open Access Articles and Book Chapters, 2011, 39, (5), 758-772 (2011)

2010

69. Microfinance Mission Drift?
    World Development, 2010, 38, (1), 28-36 View citations (192)
    Also in EconStor Open Access Articles and Book Chapters, 2010, 38, (1), 28-36 (2010)

2009

70. Performance and governance in microfinance institutions
    EconStor Open Access Articles and Book Chapters, 2009, 33, (4), 662-669
    Also in Journal of Banking & Finance, 2009, 33, (4), 662-669 (2009) View citations (213)
71. The Cost of Ownership in Microfinance Organizations
    World Development, 2009, 37, (2), 469-478 View citations (74)
    Also in EconStor Open Access Articles and Book Chapters, 2009, 37, (2), 469-478 (2009)
    See also Working Paper The cost of ownership in microfinance organization, MPRA Paper (2007) View citations (2) (2007)

2008

72. Performance and trade-offs in Microfinance Organisations-does ownership matter?
    Journal of International Development, 2008, 20, (5), 598-612 View citations (60)
    Also in EconStor Open Access Articles and Book Chapters, 2008, 20, (5), 598-612 (2008)

2007

73. Innovations in savings and credit groups: evidence from Kenya
    EconStor Open Access Articles and Book Chapters, 2007, 18, (1), 50-56

Edited books

2014

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

Chapters

2019

1. Internationalization of the microfinance industry
   A chapter in A Research Agenda for Financial Inclusion and Microfinance, 2019, pp 139-149

2014

2. Measuring Microfinance Performance
   A chapter in Microfinance Institutions: Financial and Social Performance, 2014, pp 12-30
   Also in Palgrave Macmillan (2014) View citations (5)
3. Microbank Regulation and Earnings Quality: A Global Survey
   Palgrave Macmillan
   Also in A chapter in Microfinance Institutions: Financial and Social Performance, 2014, pp 271-293 (2014)
4. Microfinance Financial and Social Performance: An Introduction
   Palgrave Macmillan View citations (2)
5. Microfinance and Disability: A review of the literature and recommendations for practitioners and policy makers
   A chapter in Disability and Equity at Work, 2014, pp 172-194
6. Transparency and Disclosure in the Global Microfinance Industry: Implications for practice and policy makers
   A chapter in The Oxford Handbook of Political, Institutional and Corporate Transparency, 2014, pp 434-455

2013

7. Earnings Quality in the Microfinance Industry
   A chapter in Microfinance in Developing Countries: Issues, Policies and Performance Evaluation, 2013, pp 83-106
   Also in Palgrave Macmillan (2013) View citations (1)
8. Microfinance: Costs, Lending Rates, and Profitability
   A chapter in Handbook of Key Global Financial Markets, Institutions, and Infrastructure, 2013, pp 489-499

2012

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

2011

10. Corporate Governance Challenges in Microfinance
    A chapter in The Handbook of Microfinance, 2011, pp 283-298
    Also in Chapter 13 in The Handbook Of Microfinance, 2011, pp 283-298 (2011) View citations (14)