Non-Financial Performance Measures on Local Culture Basis in Assessing The Health of Microfinance Institutions

I Putu Astawa ()
Additional contact information
I Putu Astawa: State Polytechnic of Bali, Indonesia Author-2-Name: I Made Sudana Author-2-Workplace-Name: State Polytechnic of Bali, Indonesia Author-3-Name: NGN Suci Murni Author-3-Workplace-Name: State Polytechnic of Bali, Indonesia

GATR Journals from Global Academy of Training and Research (GATR) Enterprise

Abstract: "Objective � Health assessment on microfinance institutions was conducted through non-financial measurements consisted of assessment on general and risk managements. The assessment was commonly used to assess commercial banks. Microfinance institutions, however, are differed to commercial bank in terms of their closeness to the poor. The paper presented the development and analysis of non-financial performance measures using local culture basis that can be applied to properly assess microfinance institutions. Methodology/Technique � Qualitative study with ethnomethodology approach was applied to see cultural activities undertaken. Managers were considered as key informants. Results of qualitative study were analyzed using Fuzzy- Analytic Hierarchy Process method and Weighted Product Model was applied to weight the criteria and sub-criteria as well as the final assessment. Findings � Results showed that local culture activities that could be used to assess general management in microfinance institutions were providing assistance in establishing places of worship, supporting religious activities, supporting the development of facilities and infrastructures in the villages, relief activities of cultural festival, helping in funeral, wedding favors, educational assistance, medical assistance, forming arts groups, and business group. Novelty � This study suggests that non-financial performance measurements can use local culture and facilitate the management of microfinance institutions to perform performance measurement"

Keywords: Non-Financial; Performance Measures; Local Culture; Microfinance Institutions. (search for similar items in EconPapers)
JEL-codes: G21 G31 (search for similar items in EconPapers)
Pages: 7
Date: 2017-06-17
New Economics Papers: this item is included in nep-mfd and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Journal of Finance and Banking Review, Volume 2, Issue 3

Downloads: (external link)
http://gatrenterprise.com/GATRJournals/pdf_files/J ... ol%202(3)%202017.pdf (application/pdf)
http://gatrenterprise.com/GATRJournals/online_submission.html

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:gtr:gatrjs:jfbr132

Access Statistics for this paper

More papers in GATR Journals from Global Academy of Training and Research (GATR) Enterprise
Bibliographic data for series maintained by Prof. Dr. Abd Rahim Mohamad ().