Statuts juridiques, gouvernance et performance des institutions de microfinance au Cameroun
Legal status, governance and performance of microfinance institutions in Cameroon
Wulli Faustin Djoufouet
MPRA Paper from University Library of Munich, Germany
The main objective of this article is to analyse the impact of governance mechanisms in general and their interactions in particular on the performance of microfinance institutions while taking into account their legal forms. To achieve this objective, a multiple regression was carried out on a sample of 62 microfinance institutions whose data collected covers a period from 2009 to 2015. Our results show that large boards of directors do not add value to governance in microfinance co-ops. Private microfinance institutions, on the other hand, need to have a large board in order to benefit from a multiplicity of skills and increase staff productivity. Second-tier microfinance institutions that want to increase the productivity of their staff must review the number of women on their boards. They need to redefine their recruitment and compensation policies.
Keywords: Microfinance; interactions; financial performance; governance (search for similar items in EconPapers)
JEL-codes: G00 G2 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ban and nep-mfd
Date: 2018-02-11, Revised 2019-02-16
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:93424
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