Governance issues in microfinancial institutions

Abstract

The extent to which microfinance banks seek to maintain the dual focus
of profitability and outreach to poor clients is directly shaped by the
composition of the boards of directors and priorities established by them. This
paper argues that boards through their strategic decisions and policies can
move institutions in the direction of achieving superior performance,
thereby reaching an expanding clientele of low income entrepreneurs effectively, efficiently and profitably.

NESG Economic Indicators Vol. 12 (2) 2006: pp. 78-83