Impact of global financial crunch on financially innovative microfinance institutions in South Asia

作     者：Faisal Mustafa Ambreen Khursheed Maham Fatima 

作者机构：UCP Business SchoolFaculty of Management StudiesUniversity of Central PunjabLahorePakistan 

出 版 物：《Financial Innovation》 (金融创新（英文）)

年 卷 期：2018年第4卷第1期

页      面：205-215页

核心收录：

学科分类：0202[经济学-应用经济学] 02[经济学] 1202[管理学-工商管理] 020205[经济学-产业经济学] 

主　　题：Global financial crunch South Asia Microfinance institutions 

摘      要：The wave of global financial crises(2008-2009)caused a surge in the capital flows of developed countries particularly,between developed and developing *** crunch hit all financial sectors with unanticipated *** study evaluates the role of a country’s political practices in moderating the impact of global financial crunch on microfinance *** the fixed effect panel regression method on the dataset comprising of 95 MFIs operating in South Asia from 2003 to 2012,we determine that microfinance operational capability shares a positive relationship with the institutional attributes of a country and our output reveals that impact of country’s political practices is pervasive on the financial output of MFIs,liable to different levels of *** findings further reveals that MFIs situated in countries having vigorous political practices are less severely affected by the economic crunch.