Search results for "corporate performance"
showing 2 items of 2 documents
Economic Value Added (EVA), Agency Costs and Firm Performance : Theoretical Insights through the Value Based Management (VBM) Framework
2015
Do Powerful CEOs Determine Microfinance Performance?
2012
Authors version of an article published in Journal of Management Studies. The definitive version is available from Wiley at: http://dx.doi.org/10.1111/j.1467-6486.2012.01046.x Recently, microfinance has been coming under public and media attacks. The microcredit crisis following from microfinance-induced suicides in 2010 in the Indian state of Andhra Pradesh indicates that weak corporate governance and imprudent risk taking have far-reaching consequences. Yet, analyses of corporate governance mechanisms among microfinance institutions (MFIs) remain underdeveloped. As a response, this study examines the impact of CEO power on MFI risk taking by deriving explicit predictions of this effect fr…