This study sought to explain the role played by women in microfinance institutions (MFIs) during crisis and their influence on the financial performance. We addressed the relevance of gender diversity and its influence on the financial performance during the downturn periods. We analyzed data from 555 ratings of 185 MFIs from MicroFinanza Rating, a leading microfinance rating agency. The analysis shows that the number of women in staff of MFIs is significantly and positively associated both with the ROE and OSS of MFIs; which means a positive impact of gender diversity on the financial performance.
|Title of host publication||Academia Italiana di Economia Aziendale - Bicentenary Conference|
|Number of pages||31|
|Publication status||Published - 2013|
|Event||Academia Italiana di Economia Aziendale - Bicentenary Conference - Itala|
Duration: 19 Sep 2013 → 21 Sep 2013
|Conference||Academia Italiana di Economia Aziendale - Bicentenary Conference|
|Period||19/9/13 → 21/9/13|