Determinants of Board Structure in Microfinance Institutions: Evidence from East Africa

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dc.creatorMori, Neema
dc.creatorRandøy, Trond
dc.creatorGolesorkhi, Sougand
dc.date2016-05-13T08:32:50Z
dc.date2016-05-13T08:32:50Z
dc.date2013
dc.descriptionThis study investigates the association between the unique characteristics of microfinance institutions and board structure. The agency and resource dependence theories provided theoretical guidance for this study. Using a panel dataset of 63 microfinance institutions in East Africa, we found that the presence of regulations and international influence is associated with larger boards, while the presence of founders is associated with small boards and less board independence. There is a higher level of board gender diversity in microfinance institutions managed by founders. There is greater diversity of nationalities in microfinance institutions that are internationally influenced. The implications for practice and theory from this study are further discussed.
dc.identifierMori, N., Randøy, T. and Golesorkhi, S., 2013. Determinants of board structure in microfinance institutions: Evidence from East Africa. Journal of Emerging Market Finance, 12(3), pp.323-365.
dc.identifierhttp://hdl.handle.net/20.500.11810/2015
dc.identifier10.1177/0972652713512916
dc.languageen
dc.publisherSAGE Publications
dc.subjectBoard structure
dc.subjectMicrofinance institutions
dc.subjectEast Africa
dc.subjectCorporate governance
dc.titleDeterminants of Board Structure in Microfinance Institutions: Evidence from East Africa
dc.typeJournal Article, Peer Reviewed

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