Religion and governance in microfinance institutions: evidence from the global microfinance industry

Masteroppgave i økonomi og administrasjon – Universitetet i Agder 2014 This thesis sought to study the influence of religion on corporate governance in Microfinance Institutions. The study uses secondary data on a sample of rated Christian and secular MFIs compiled in rating reports by rating agencies to compare the governance differences and similarities between Christian and secular MFIs. The research uses the random effects General Least Squares and logistic regression models alongside other univariate statistical methods to test for the effect of religious affiliation on corporate governance. The overall findings indicate that Christian MFIs are significantly less-regulated by banking a…

Credit Risk Research: Review and Agenda

This article provides a comprehensive review of scholarly research on credit risk measurement during the last 57 years applying bibliometric citation analysis and elaborates an agenda for future research. The bibliography is compiled using the Institute for Scientific Information (ISI) Web of Science (WOS) database and includes all articles with citations over the period 1960–2016. Specifically, the review is carried out using 1695 articles across 72 countries published in 442 journals by 2928 authors. The findings suggest that credit risk research is multifaceted and can be classified into six streams: (1) defaultable security pricing, (2) default intensity modeling, (3) comparative analys…

Does Religious Affiliation Influence the Design of Corporate Governance? Evidence from the Global Microfinance Industry