Financial Performance, Corporate Governance and Microfinance Institutions Sustainability in Nigeria

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Publisher :
ISBN 13 :
Total Pages : 15 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Financial Performance, Corporate Governance and Microfinance Institutions Sustainability in Nigeria by : Collins Alobari

Download or read book Financial Performance, Corporate Governance and Microfinance Institutions Sustainability in Nigeria written by Collins Alobari and published by . This book was released on 2019 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examined the relationship between financial performance and Microfinance sustainability, with interest on the impact of corporate governance in improving or otherwise of financial performance of microfinance banks in Nigeria. This interest was provoked by the fact that notwithstanding the introduction of corporate governance in Nigeria, there are still cases of the folding up of many microfinance institutions. Therefore, the study sought answers to: what is the relationship between financial performance and microfinance sustainability? What is the impact of board size and composition on financial performance? And what is the impact of the composition of board committees on financial performance? Using quantitative empirical method on selected microfinance banks in the South East Nigeria, the study employed the Ordinary Least Square (OLS) analysis on secondary data collected from financial reports of the selected banks for a period of thirteen (13) years (2005-2017). The study used the board of directors as the proxy for corporate governance, with Board size and composition as independent variables and Profit after Tax as dependent variables. The result shows that the link between board size and profitability does not imply board size to increase profitability as number of shareholders has negative relationship with profit before tax. Rather, the result found a positive relationship between equity of MFIs and profit after tax, which means that the higher the equity of MFIs, the higher their profitability. Therefore, the study recommends that the MFIs should concentrate more on raising share capital as well as constituting efficient boards and committees for effective corporate governance that will result in the sustainability of the MFIs.

Financial Sustainability of Micro-Finance Institutions in Sub-Saharan Africa

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Publisher : GRIN Verlag
ISBN 13 : 3346187950
Total Pages : 6 pages
Book Rating : 4.3/5 (461 download)

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Book Synopsis Financial Sustainability of Micro-Finance Institutions in Sub-Saharan Africa by : Hanna Kattilakoski

Download or read book Financial Sustainability of Micro-Finance Institutions in Sub-Saharan Africa written by Hanna Kattilakoski and published by GRIN Verlag. This book was released on 2020-06-23 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presentation slides from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: 90, Cologne Business School Köln, language: English, abstract: What factors influence the financial sustainability of microfinance institutions in Sub-Saharan Africa?

Corporate Governance Mechanisms and Firm Financial Performance in Nigeria

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Corporate Governance Mechanisms and Firm Financial Performance in Nigeria by : Ahmadu Sanda

Download or read book Corporate Governance Mechanisms and Firm Financial Performance in Nigeria written by Ahmadu Sanda and published by . This book was released on 2005 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Role of Governance in Microfinance Sustainability

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Publisher : Springer Nature
ISBN 13 : 9819705347
Total Pages : 326 pages
Book Rating : 4.8/5 (197 download)

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Book Synopsis Role of Governance in Microfinance Sustainability by : Md Nazim Uddin

Download or read book Role of Governance in Microfinance Sustainability written by Md Nazim Uddin and published by Springer Nature. This book was released on with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Investigation of how Changes to Corporate Governance in Nepalese Microfinance Institutions May Increase Outreach While Mainatining Their Financial Performance

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (15 download)

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Book Synopsis An Investigation of how Changes to Corporate Governance in Nepalese Microfinance Institutions May Increase Outreach While Mainatining Their Financial Performance by : Dilip Kumar Jha

Download or read book An Investigation of how Changes to Corporate Governance in Nepalese Microfinance Institutions May Increase Outreach While Mainatining Their Financial Performance written by Dilip Kumar Jha and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Performance of Microfinance Institutions in Ghana and Uganda

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Publisher : LIT Verlag Münster
ISBN 13 : 3643906005
Total Pages : 373 pages
Book Rating : 4.6/5 (439 download)

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Book Synopsis Financial Performance of Microfinance Institutions in Ghana and Uganda by : Johannes Flosbach

Download or read book Financial Performance of Microfinance Institutions in Ghana and Uganda written by Johannes Flosbach and published by LIT Verlag Münster. This book was released on 2015 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the determinants of financial performance of microfinance institutions (MFIs) in Ghana and Uganda, against the backdrop of the public and academic debate over the financial and social implications of microfinance. In the absence of a conceptual model, the study chooses an inductive research approach with the objective of defining and developing a conceptual model with the capacity to explain, quantify, and compare the performance of MFIs. The research is particularly relevant in the African context where microloan interest rates regularly exceed 100% per annum and where the microfinance industry is lacking behind its global peers in regard to financial and social performance. (Series: Contributions to the Africa Research / Beitrage zur Afrikaforschung - Vol. 59) [Subject: Economics, Finance, African Studies]

Subsidy/Donation and Performance of Microfinance Institutions

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Publisher :
ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Subsidy/Donation and Performance of Microfinance Institutions by : Emeka Steve Emengini

Download or read book Subsidy/Donation and Performance of Microfinance Institutions written by Emeka Steve Emengini and published by . This book was released on 2020 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Subsidies and Donations are veritable tools that are supposed to engender effective performance in Microfinance institutions. On the face value, subsidies seem to be very positive but they can be counterproductive when related to their effects on performance, efficiency and self-sustainability of the Microfinance institutions. This paper therefore focuses on the assessment and review of issues relating to Subsidy/Donation and their effect on Performance of Microfinance Institutions (MFIs) in Nigeria. The methodology adopted is descriptive in nature and secondary source of data were made use of. Our review revealed mix results on the empirical findings of effect of subsidies/donations on performance of Microfinance institutions. This review shows that Subsidies can disincentive workers and managers, thereby creating moral hazard problems (Corruption and Financial impropriety). However, when applied to effect low borrowing costs and Tax incentives/concessions, it affects performance positively. The review also shows that subsidies ought to be used only in the startup phases of the life cycle and to be withdrawn when the Microfinance institution improves. Overall, to achieve the double bottom lines of social and financial sustainability obligations, funding structure in Microfinance should de-emphasise subsidy dependence and encourage market based principles and commercialisation. For effective corporate governance, big Microfinance institutions at the status of Banks and big NGOs should be mandated to disclose their accounts to the public and not just mere annual returns to the Central bank of Nigeria (this may involve quoting them in Nigeria Stock Exchange).

Microfinance Institutions

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Publisher : Springer
ISBN 13 : 113739966X
Total Pages : 329 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Microfinance Institutions by : R. Mersland

Download or read book Microfinance Institutions written by R. Mersland and published by Springer. This book was released on 2015-12-11 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research on MFI performance is still in its infancy. MFIs are hybrid organizations with dual objectives. Performance studies in microfinance are therefore less straightforward compared to performance studies in traditional banking research. This book contains new MFI performance research by top scholars from across the globe.

Microfinance and the Corporate Governance Conundrum

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Microfinance and the Corporate Governance Conundrum by : Umakanth Varottil

Download or read book Microfinance and the Corporate Governance Conundrum written by Umakanth Varottil and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microfinance evolved as an instrument to reduce poverty and bring about sustainable development. As an alternative to traditional means of finance such as banking and insurance (which failed to meet the needs of poorer sections of society), microfinance was pioneered by self-help groups, non-governmental organizations and other non-profit institutions. However, with a view to building a scalable model that engenders overall sustainable development, the microfinance sector has witnessed the emergence of for-profit institutions that are structured along the lines of the modern business corporation. These microfinance companies adopt market-based mechanisms to raise capital that is employed in financing the poor and less-privileged. From a corporate governance perspective, microfinance companies and their boards of directors are faced with the classic dilemma. On the one hand, it is recognized that the principal goal of microfinance is to reduce poverty; to that extent the interests of borrowers (or customers) as principal stakeholders becomes paramount. On the other hand, a shareholder-centric approach operates as a major countervailing factor by compelling microfinance companies to generate profits to service investors and maintain stock price. The current discourse in corporate governance does not appear to satisfactorily address the predicament of boards of microfinance companies. This is due to the fact that investors and stock markets judge them against standards imposed by corporate governance norms and practices that are generally applicable in the corporate sector. This article argues that the employment of conventional concepts and doctrines in corporate governance to for-profit microfinance companies does not adequately address the issues specific to such companies. It calls for a paradigm-shift that necessitates examination of corporate governance in microfinance companies through an altogether different lens. After considering the available empirical evidence and analyzing qualitative data generated from case studies and field interviews, it seeks to develop separate parameters for measuring the correlation between corporate governance and performance of microfinance companies, such that the overarching goals of reducing poverty are not diluted.

Impact of Corporate Governance on Firms Financial Performance

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ISBN 13 :
Total Pages : 9 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Impact of Corporate Governance on Firms Financial Performance by : Dr. Francis Udeh

Download or read book Impact of Corporate Governance on Firms Financial Performance written by Dr. Francis Udeh and published by . This book was released on 2017 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study evaluated the Impact of Corporate Governance on Firms Financial Performance in Nigeria Quoted Banks in order to determine the Banks Financial Performance before and after the introduction of Code of Corporate Governance in Nigeria. The main objective of this study is to evaluate Board Composition with a view to determining its impact on Firms Financial Performance. Board Composition was used as measure of Corporate Governance while Return on Capital Employed (ROCE), was used to operationalise Financial Performance. The study is anchored on Shareholders theory. The Population of this study comprised fifteen (15) banks whose shares are quoted on Nigeria Stock Exchange. Judgmental sampling technique was used to select seven (7) banks from the entire Population of the study (which makes up the sample size). Data were obtained from secondary source (published financial statements of the selected quoted banks) covering the periods of 2003-2014. The method of data analysis utilised was Ordinary Least Squares Regression Analysis. A model was formulated. The findings from this study showed that Board composition has a negative, though insignificant impacts on ROCE during the 2003-2008 period (p1) and during the 2009-2014 period (p2). In conclusion, the way in which corporate governance is organised differs among countries, depending on the economic, political and social contexts. We therefore recommend that the directors of board should adhere to CBN regulations and guidelines in bank management, with this, they can achieve their aim and shareholders confidence will be restored, on the board.

Role of Governance in Microfinance Sustainability

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Publisher : Palgrave Macmillan
ISBN 13 : 9789819705337
Total Pages : 0 pages
Book Rating : 4.7/5 (53 download)

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Book Synopsis Role of Governance in Microfinance Sustainability by : Md. Nazim Uddin

Download or read book Role of Governance in Microfinance Sustainability written by Md. Nazim Uddin and published by Palgrave Macmillan. This book was released on 2024-04-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book identifies the effect of governance structure components on outreach and sustainability of microfinance institutions (MFIs) in Bangladesh. It is designed to study and understand these structures with reference to the changing forms and functions of MFI administration, in theory and practice, with experiences from selected countries. It helps readers understand corporate governance across the globe with recent developments in this sector. It provides evidence from Bangladesh on what aspects need to be strengthened and identifies the importance of considering differences in institutional values, culture, and environment while pointing to the risk of applying normative assertions of governance structure. The book suggests that a regulatory and supervisory framework should be introduced in Bangladesh to enhance the governance structure of MFIs. It advocates that the sector requires a robust regulatory environment to improve its governance and administrative frameworks and expand the microfinance sector's outreach and sustainability opportunities. It will benefit researchers and students of economics, corporate governance, accountability, transparency, finance, business administration, microfinance institutions, and applied fields, as well as microfinance practitioners, administrators, and policymakers.

The Financial Sustainability of Micro-Finance Institutions in Sub-Saharan Africa

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Publisher :
ISBN 13 : 9783346219480
Total Pages : 110 pages
Book Rating : 4.2/5 (194 download)

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Book Synopsis The Financial Sustainability of Micro-Finance Institutions in Sub-Saharan Africa by : Hanna Kattilakoski

Download or read book The Financial Sustainability of Micro-Finance Institutions in Sub-Saharan Africa written by Hanna Kattilakoski and published by . This book was released on 2020-05-15 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2018 in the subject Business economics - Investment and Finance, grade: 90.0, Cologne Business School Köln, language: English, abstract: The aim of this study is to understand the factors that drive financial sustainability in microfinance institutions. To accomplish this, several indicators for operational self-sufficiency (OSS) were investigated through correlation and regression analysis. The results indicate that the drivers for operational self-sufficiency include return on assets, number of active borrowers and profit margin. The analysis also showed that in terms of OSS and profitability, there is little difference between for-profit and non-profit organizations. To increase operational self-sufficiency institutions should increase return on asserts, the number of active borrowers and their profit margin. The results support the profit-incentive theory and the financial systems approach. These results indicate that to achieve financial sustainability MFIs should focus on covering operating expenses through earned revenues. Therefore, MFI structure should encourage cost-oriented management. Additionally, findings from this study revealed that there may not be a large tradeoff in efficiency and outreach. Results showed that operationally self-sufficient MFIs actually have a larger outreach than non-self-sufficient organizations. Limitations for this study include that the regression only explains the variables affecting OSS with 26 % certainty and other variables not tested may also be factors

Corporate Governance

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (127 download)

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Book Synopsis Corporate Governance by :

Download or read book Corporate Governance written by and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Corporate Governance of the Deposit Taking Microfinance Institutions (MFIs) in Ethiopia

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Corporate Governance of the Deposit Taking Microfinance Institutions (MFIs) in Ethiopia by : Wolday Amha

Download or read book Corporate Governance of the Deposit Taking Microfinance Institutions (MFIs) in Ethiopia written by Wolday Amha and published by . This book was released on 2008 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

CEO Governance and Shareholder Returns

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Publisher :
ISBN 13 : 9781862740747
Total Pages : 25 pages
Book Rating : 4.7/5 (47 download)

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Book Synopsis CEO Governance and Shareholder Returns by : Lex Donaldson

Download or read book CEO Governance and Shareholder Returns written by Lex Donaldson and published by . This book was released on 1990 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Impact of Corporate Governance Mechanisms on Sustainability of Selected Microfinance Institutions in Cape Town, South Africa

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Publisher :
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Impact of Corporate Governance Mechanisms on Sustainability of Selected Microfinance Institutions in Cape Town, South Africa by : Nyasha Mateteni

Download or read book Impact of Corporate Governance Mechanisms on Sustainability of Selected Microfinance Institutions in Cape Town, South Africa written by Nyasha Mateteni and published by . This book was released on 2017 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Board Independence and Firm Financial Performance

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Publisher :
ISBN 13 : 9789966778833
Total Pages : 35 pages
Book Rating : 4.7/5 (788 download)

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Book Synopsis Board Independence and Firm Financial Performance by : Ahmadu Sanda

Download or read book Board Independence and Firm Financial Performance written by Ahmadu Sanda and published by . This book was released on 2011 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: