Social Globalisation and Efficiency of Microfinance Institutions Nexus: Empirical Evidence on Financial and Social Efficiency

The main objective of this paper is to identify the impacts social globalisation comprised personal contacts, information flows and cultural proximity financial efficiency Microfinance Institutions (MFIs). This study had conducted two stages analysis, in which first stage Data Envelopment Analysis (DEA) approach second multiple panel regression analysis under Generalized Least Square estimation method. results exhibit that overall MFIs operated a relatively optimal scale during period study. However, these were managerially inefficient utilising their resources achieve both efficiency. from showed only contacts significant positive relationship with MFIs. could contribute new insights implications various parties, such as MFIs, policy makers, investors researchers improve