Social globalisation and efficiency of microfinance institutions nexus: empirical evidence on financial and social efficiency
The main objective of this paper is to identify the impacts of social globalisation comprised of personal contacts, information flows and cultural proximity to the financial and social efficiency of Microfinance Institutions (MFIs). This study had conducted two stages of analysis, in which the first...
| Main Authors: | , , , , , |
|---|---|
| Format: | Article |
| Published: |
Kaunas University of Technology
2022
|
| _version_ | 1796984269548027904 |
|---|---|
| author | Hussain, Hafezali Iqbal Kamarudin, Fakarudin Mohamad Anwar, Nazratul Aina Sufian, Fadzlan Ali, Azlan Saudi, Mohd Haizam |
| author_facet | Hussain, Hafezali Iqbal Kamarudin, Fakarudin Mohamad Anwar, Nazratul Aina Sufian, Fadzlan Ali, Azlan Saudi, Mohd Haizam |
| author_sort | Hussain, Hafezali Iqbal |
| collection | UPM |
| description | The main objective of this paper is to identify the impacts of social globalisation comprised of personal contacts, information flows and cultural proximity to the financial and social efficiency of Microfinance Institutions (MFIs). This study had conducted two stages of analysis, in which the first stage is Data Envelopment Analysis (DEA) approach and the second stage is multiple panel regression analysis under Generalized Least Square estimation method. The results exhibit that the overall MFIs operated in a relatively optimal scale during the period of the study. However, these MFIs were managerially inefficient in utilising their resources to achieve both social and financial efficiency. The results from panel regression analysis showed that only personal contacts exhibit a significant positive relationship with the financial efficiency of MFIs. This study could contribute new insights and implications to various parties, such as MFIs, policy makers, investors and researchers to improve the efficiency of MFIs. |
| first_indexed | 2024-03-06T11:17:57Z |
| format | Article |
| id | upm.eprints-103224 |
| institution | Universiti Putra Malaysia |
| last_indexed | 2024-03-06T11:17:57Z |
| publishDate | 2022 |
| publisher | Kaunas University of Technology |
| record_format | dspace |
| spelling | upm.eprints-1032242023-12-05T02:14:27Z http://psasir.upm.edu.my/id/eprint/103224/ Social globalisation and efficiency of microfinance institutions nexus: empirical evidence on financial and social efficiency Hussain, Hafezali Iqbal Kamarudin, Fakarudin Mohamad Anwar, Nazratul Aina Sufian, Fadzlan Ali, Azlan Saudi, Mohd Haizam The main objective of this paper is to identify the impacts of social globalisation comprised of personal contacts, information flows and cultural proximity to the financial and social efficiency of Microfinance Institutions (MFIs). This study had conducted two stages of analysis, in which the first stage is Data Envelopment Analysis (DEA) approach and the second stage is multiple panel regression analysis under Generalized Least Square estimation method. The results exhibit that the overall MFIs operated in a relatively optimal scale during the period of the study. However, these MFIs were managerially inefficient in utilising their resources to achieve both social and financial efficiency. The results from panel regression analysis showed that only personal contacts exhibit a significant positive relationship with the financial efficiency of MFIs. This study could contribute new insights and implications to various parties, such as MFIs, policy makers, investors and researchers to improve the efficiency of MFIs. Kaunas University of Technology 2022 Article PeerReviewed Hussain, Hafezali Iqbal and Kamarudin, Fakarudin and Mohamad Anwar, Nazratul Aina and Sufian, Fadzlan and Ali, Azlan and Saudi, Mohd Haizam (2022) Social globalisation and efficiency of microfinance institutions nexus: empirical evidence on financial and social efficiency. Inžinerinė Ekonomika-Engineering Economics, 33 (1). 27 - 46. ISSN 1392-2785; ESSN: 2029-5839 https://inzeko.ktu.lt/index.php/EE/article/view/29130 10.5755/j01.ee.33.1.29130 |
| spellingShingle | Hussain, Hafezali Iqbal Kamarudin, Fakarudin Mohamad Anwar, Nazratul Aina Sufian, Fadzlan Ali, Azlan Saudi, Mohd Haizam Social globalisation and efficiency of microfinance institutions nexus: empirical evidence on financial and social efficiency |
| title | Social globalisation and efficiency of microfinance institutions nexus: empirical evidence on financial and social efficiency |
| title_full | Social globalisation and efficiency of microfinance institutions nexus: empirical evidence on financial and social efficiency |
| title_fullStr | Social globalisation and efficiency of microfinance institutions nexus: empirical evidence on financial and social efficiency |
| title_full_unstemmed | Social globalisation and efficiency of microfinance institutions nexus: empirical evidence on financial and social efficiency |
| title_short | Social globalisation and efficiency of microfinance institutions nexus: empirical evidence on financial and social efficiency |
| title_sort | social globalisation and efficiency of microfinance institutions nexus empirical evidence on financial and social efficiency |
| work_keys_str_mv | AT hussainhafezaliiqbal socialglobalisationandefficiencyofmicrofinanceinstitutionsnexusempiricalevidenceonfinancialandsocialefficiency AT kamarudinfakarudin socialglobalisationandefficiencyofmicrofinanceinstitutionsnexusempiricalevidenceonfinancialandsocialefficiency AT mohamadanwarnazratulaina socialglobalisationandefficiencyofmicrofinanceinstitutionsnexusempiricalevidenceonfinancialandsocialefficiency AT sufianfadzlan socialglobalisationandefficiencyofmicrofinanceinstitutionsnexusempiricalevidenceonfinancialandsocialefficiency AT aliazlan socialglobalisationandefficiencyofmicrofinanceinstitutionsnexusempiricalevidenceonfinancialandsocialefficiency AT saudimohdhaizam socialglobalisationandefficiencyofmicrofinanceinstitutionsnexusempiricalevidenceonfinancialandsocialefficiency |