| Registro completo |
| Provedor de dados: |
31
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| País: |
United States
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| Título: |
Rating in Microfinance: Cross Country Evidence
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| Autores: |
Hartarska, Valentina M.
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| Data: |
2005-01-03
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| Ano: |
2005
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| Palavras-chave: |
Financial Economics
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| Resumo: |
This paper focuses on the ability of microfinance rating agencies to impose market discipline on microfinance institutions by rating these organizations' performance. Results indicate that not all rating agencies are equal as only one rater was able to impose market discipline by promoting better sustainability, while rating by another agency caused MFIs to slack off. In addition, while rating in general lead to better outreach, this effect was annulled if MFIs received financial aid in order to get rated. Finally, only one rater provided rating that allowed MFIs to raise additional debt
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
15465
http://purl.umn.edu/35647
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| Editor: |
AgEcon Search
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| Relação: |
Southern Agricultural Economics Association>2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas
Selected Paper
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| Formato: |
25
application/pdf
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