Is there a trade-off between MFls' financial efficiency and outreach in macroeconomic and institutional context?

Shufang Xu, Ning Zhu, James Copestake, Guiming Cai and Xinman Peng

International Review of Economics & Finance, 2024, vol. 94, issue C

Abstract: This paper analyses whether there is a trade-off between microfinance institutions (MFIs)' financial efficiency and outreach in macroeconomic and institutional context. We first theoretically discuss the potential impacts of macroeconomic and institutional factors on financial efficiency of MFIs, then present empirical evidence in support of theoretical analysis. The main results show that there is a potential trade-off between MFIs' financial efficiency and outreach when we consider the influences of macroeconomic and institutional variables on financial efficiency of MFIs.

Keywords: MFIs' financial efficiency; Outreach; Multi-directional efficiency analysis; Macroeconomic condition; Institutional context (search for similar items in EconPapers)
JEL-codes: E02 G21 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1059056024003952
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:94:y:2024:i:c:s1059056024003952

DOI: 10.1016/j.iref.2024.103403

Access Statistics for this article

International Review of Economics & Finance is currently edited by H. Beladi and C. Chen

More articles in International Review of Economics & Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().