Do regulations and governance quality impact performance of MFIs in India? (Record no. 51426)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02148nam a2200229 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190612122926.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 190612b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Saraswathy Amma, K. P. |
| 9 (RLIN) | 33709 |
| 245 ## - TITLE STATEMENT | |
| Title | Do regulations and governance quality impact performance of MFIs in India? |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 3-14 p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | We explore the relationship between performance, regulations and governance quality of Microfinance Institutions (MFIs) through a survey conducted among CxOs and board of directors of top 55 MFIs in India. We study the effect of AP ordinance (2010) (taken as a proxy for regulation), boardroom conflicts (taken as a proxy for governance quality) and the recent demonetization policy of Government of India on the performance of the MFIs in India. The results show that AP ordinance and boardroom conflicts have had a negative impact on the performance of the MFIs. As per public interest theory, regulations are good for correcting market failures and upgrading the existing practices and hence have a positive impact on the performance. However, our research proves that AP ordinance has a negative impact on the performance of the firm and hence does not support the theory in the Indian context. Diversity and experience in the board could lead to conflicts and delayed decision making, having a negative impact on the performance of the firm. Our research survey confirms this theory. Managers’ powers are limited by the external environment, and the state has more powers to set the field. However, our empirical model does not support the negative impact of demonetization on the performance of MFIs. There is a dearth of study on Indian MFI industry, and this paper contributes to narrow that gap. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | MFI |
| Uncontrolled term | Regulation |
| Uncontrolled term | AP ordinance board conflicts |
| Uncontrolled term | Demonetization |
| Uncontrolled term | Governance |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Kannan, Gopalakrishnan |
| 9 (RLIN) | 33710 |
| Personal name | Parthasarathy, Lakshmi |
| 9 (RLIN) | 33711 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 29297 |
| Host Itemnumber | 74850 |
| Main entry heading | CHAKRABARTI, BHASKAR |
| Place, publisher, and date of publication | INDIAN INSTITUTE OF MANAGEMENT CALCUTTA CALCUTTA |
| Other item identifier | 55510426 |
| Title | DECISION |
| International Standard Serial Number | 0304-0941 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 12/06/2019 | Vol 46, No 1/ 55510426JA1 | 55510426JA1 | 12/06/2019 | 12/06/2019 |