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Anotace knihy

The book provides a review of the research literature on microfinance, a heretofore unorganized domain of inquiry in business and economics. It offers a social exchange perspective, combined with an agency theory specification of the problems associated with microfinance institutions, to make sense of the extant literature. It also illustrates a contemporary problem caused by the oversupply of microfinance, with an empirical investigation of over 200 microfinance institutions in India, and the resulting policy and managerial implications. It concludes with a discussion of the future of microfinance and the likely institutional responses to the globalization of the phenomenon. This is the first volume that attempts to extract a theoretical framework from the prevailing (and rather unorganized) literature in this area. It is also the first volume to provide a test of the Minsky hypothesis of financial bubbles in the context of microfinance, and attempts to derive policy implications in a domain that has largely escaped the scrutiny of financial market regulators.

Parametry knihy

• Plný název: Conversations And Empirical Evidence In Microfinance
• Autor: Phillip Phan
• Jazyk: Angličtina
• Vazba: Pevná
• Počet stran: 156
• EAN: 9781783262984
• ISBN: 1783262982
• ID: 04846590
• Nakladatelství: Imperial College Press
• Hmotnost: 414 g
• Rozměry: 238 × 162 × 16 mm
• Datum vydání: 28. August 2014

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