Capital adjustment process and credit growth of microfinance institutions: Evidence from Sub-Saharan Africa

Capital adjustment process and credit growth of microfinance institutions: Evidence from Sub-Saharan Africa

The purpose of this study is twofold: First, we examine the capital adjustment process using a partial adjustment framework and second, we test whether capitalization impacts the credit growth of microfinance institutions (MFIs) through the deviation (i.e. the divergence between the actual capital r...

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Bibliographic Details
Main Author: Tilahun Aemiro Tehulu
Format: Article
Language:English
Published: Taylor & Francis Group 2022-12-01
Series:Cogent Economics & Finance
Subjects:
capital surplus/shortfall
capitalization
credit growth
lending behavior
target capital
Sub-Saharan Africa
Online Access:https://www.tandfonline.com/doi/10.1080/23322039.2022.2111791

Internet

https://www.tandfonline.com/doi/10.1080/23322039.2022.2111791

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