The Commercialization of the Microfinance Industry: Is There a ‘Personal Mission Drift’ Among Credit Officers?
Abstract
Recent research suggests that many microfinance institutions increasingly focus on financial performance at the expense of the social component of their dual objectives. Existing studies typically assume that capital providers and managers mainly drive this so-called mission drift. In this study, we investigate whether ‘personal mission drift’ at the credit officer level can further explain the reduced emphasis on poorer clients among...
Paper Details
Title
The Commercialization of the Microfinance Industry: Is There a ‘Personal Mission Drift’ Among Credit Officers?
Published Date
Oct 10, 2017
Journal
Volume
158
Issue
1
Pages
119 - 134
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