Earnings Quality in the Microfinance Industry

Leif Atle Beisland and Roy Mersland

Chapter 5 in Microfinance in Developing Countries, 2013, pp 83-106 from Palgrave Macmillan

Abstract: Abstract Microfinance institutions (MFIs) supply financial services to micro-enterprises and low-income families. MFIs pursue the double bottom lines of social development and financial returns, and their funding is supplied by a range of sources from donations to commercial investments. Microfinance is thus an arena in which donors meet professional investors, and it has quickly developed into a large industry. Currently, more than 3000 MFIs report their numbers to www.microfinancesummit.org and serve altogether more than 150 million people with microcredit. More than 100 international funds invest in MFIs, and microfinance is about to become an important asset class for investors, particularly those pursuing both financial and social returns ( www.mixmarket.org ).

Keywords: Total Asset; Earning Management; Earning Quality; Reported Earning; International Account Standard (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-1-137-30192-5_5

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137301925

DOI: 10.1057/9781137301925_5

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().