CO-EVOLUTION OF BOARDS OF DIRECTORS IN MICROFINANCE ORGANIZATIONS: THE CASE OF BANCOSOL AND LOS ANDES

Silvia Dorado () and Rick Molz
Additional contact information
Silvia Dorado: University of Massachusetts, Boston, 100 Morrissey Blvd., Boston, MA 02125, USA
Rick Molz: Concordia University, 1455 de Maisonneuve Blvd. West, Montreal, Qc H3G 1M8, Canada

Journal of Developmental Entrepreneurship (JDE), 2005, vol. 10, issue 02, 99-121

Abstract: The mission and performance of an enterprise is the legal and strategic responsibility of the Board of Directors (BOD). For the BODs of microfinance institutions (MFIs) this task is even more challenging. This study investigates the connection between the composition and roles of BODs and organizational evolution. It builds on the experiences of BancoSol and Los Andes, two MFIs that pioneered microfinance in Bolivia. The findings support the notion that BODs evolve to fit the needs of organizations at different stages of industry and organizational evolution. While these results are not surprising, previous research has not shown the micro-dynamics involved in this co-evolution and thus their impact on board composition and roles.

Keywords: Microfinance; governance; BancoSol; Los Andes; Bolivia (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S1084946705000094
Access to full text is restricted to subscribers

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:wsi:jdexxx:v:10:y:2005:i:02:n:s1084946705000094

Ordering information: This journal article can be ordered from

DOI: 10.1142/S1084946705000094

Access Statistics for this article

Journal of Developmental Entrepreneurship (JDE) is currently edited by Peter Koveos

More articles in Journal of Developmental Entrepreneurship (JDE) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().