Revenue diversification and financial sustainability of microfinance institutions

نویسندگان

چکیده

Purpose This paper aims to investigate whether revenue diversification affects the financial sustainability of microfinance institutions (MFIs). Design/methodology/approach The study uses a worldwide panel data set 443 MFIs in 108 countries for period 2013–2018 and two-step system Generalized Method Moments estimation model. Findings finds that has significant positive effect on MFIs. Practical implications findings this actually offer important managerial policy lessons MFIs’ sustainability. Microfinance managers policymakers should consider as strategy through which can attain instead overreliance donations government subsidies Originality/value Unlike previous studies examined context banking firms, contributes literature by examining impact

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ژورنال

عنوان ژورنال: AJAR (Asian Journal of Accounting Research)

سال: 2021

ISSN: ['2443-4175', '2459-9700']

DOI: https://doi.org/10.1108/ajar-11-2020-0122