Formulation of microfinance institutions sustainability index in Malaysia / Muhammad Saad … [et al.]

Sustainability of Microfinance Institutions (MFIs) has considerably gained the attention of researchers during the past decade. The dual goals social sustainability and financial sustainability of MFIs are widely studied yet remain unsolved in the existing literature. This study has addressed the ab...

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Main Authors: Saad, Muhammad, Bhuiyan, Abul Bashar, Ali, Md Jafor, Munir, Abu Naaim, Alias, Zuraini
Format: Book Section
Language:en
Published: Center for Islamic Philanthropy and Social Finance (CIPSF) 2021
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/52012/1/52012.pdf
https://ir.uitm.edu.my/id/eprint/52012/
https://www.acbess2021.com/
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author Saad, Muhammad
Bhuiyan, Abul Bashar
Ali, Md Jafor
Munir, Abu Naaim
Alias, Zuraini
author_facet Saad, Muhammad
Bhuiyan, Abul Bashar
Ali, Md Jafor
Munir, Abu Naaim
Alias, Zuraini
author_sort Saad, Muhammad
building Tun Abdul Razak Library
collection Institutional Repository
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
continent Asia
country Malaysia
description Sustainability of Microfinance Institutions (MFIs) has considerably gained the attention of researchers during the past decade. The dual goals social sustainability and financial sustainability of MFIs are widely studied yet remain unsolved in the existing literature. This study has addressed the above gap by developing a composite index of sustainability for MFIs. Data for MFI in Malaysia was used, and Principal Component analysis is applied for obtaining sustainability score. Quantile, Stepwise and Robust Regression analysis are used to identify the determinants of sustainability. Empirical findings suggest that portfolio quality, operating efficiency, leverage, and size influence the sustainability of MFIs in Malaysia. The study is a novel attempt to develop sustainability Index for MFIs in Malaysia. The findings of the study may help both policy makers and practitioners to better understand the dual goal perspective and significant determinants of MFIs sustainability in Malaysia.
format Book Section
id my.uitm.ir-52012
institution Universiti Teknologi Mara
language en
publishDate 2021
publisher Center for Islamic Philanthropy and Social Finance (CIPSF)
record_format eprints
spelling my.uitm.ir-520122021-11-30T08:27:21Z https://ir.uitm.edu.my/id/eprint/52012/ Formulation of microfinance institutions sustainability index in Malaysia / Muhammad Saad … [et al.] Saad, Muhammad Bhuiyan, Abul Bashar Ali, Md Jafor Munir, Abu Naaim Alias, Zuraini HG Finance Microfinance Financial management. Business finance. Corporation finance Sustainability of Microfinance Institutions (MFIs) has considerably gained the attention of researchers during the past decade. The dual goals social sustainability and financial sustainability of MFIs are widely studied yet remain unsolved in the existing literature. This study has addressed the above gap by developing a composite index of sustainability for MFIs. Data for MFI in Malaysia was used, and Principal Component analysis is applied for obtaining sustainability score. Quantile, Stepwise and Robust Regression analysis are used to identify the determinants of sustainability. Empirical findings suggest that portfolio quality, operating efficiency, leverage, and size influence the sustainability of MFIs in Malaysia. The study is a novel attempt to develop sustainability Index for MFIs in Malaysia. The findings of the study may help both policy makers and practitioners to better understand the dual goal perspective and significant determinants of MFIs sustainability in Malaysia. Center for Islamic Philanthropy and Social Finance (CIPSF) 2021 Book Section PeerReviewed text en https://ir.uitm.edu.my/id/eprint/52012/1/52012.pdf Formulation of microfinance institutions sustainability index in Malaysia / Muhammad Saad … [et al.]. (2021) In: E-Proceeding for Asian Conference on Business, Economics and Social Science (ACBESS) 2021. Center for Islamic Philanthropy and Social Finance (CIPSF), Alor Gajah, p. 94. https://www.acbess2021.com/
spellingShingle HG Finance
Microfinance
Financial management. Business finance. Corporation finance
Saad, Muhammad
Bhuiyan, Abul Bashar
Ali, Md Jafor
Munir, Abu Naaim
Alias, Zuraini
Formulation of microfinance institutions sustainability index in Malaysia / Muhammad Saad … [et al.]
title Formulation of microfinance institutions sustainability index in Malaysia / Muhammad Saad … [et al.]
title_full Formulation of microfinance institutions sustainability index in Malaysia / Muhammad Saad … [et al.]
title_fullStr Formulation of microfinance institutions sustainability index in Malaysia / Muhammad Saad … [et al.]
title_full_unstemmed Formulation of microfinance institutions sustainability index in Malaysia / Muhammad Saad … [et al.]
title_short Formulation of microfinance institutions sustainability index in Malaysia / Muhammad Saad … [et al.]
title_sort formulation of microfinance institutions sustainability index in malaysia / muhammad saad … [et al.]
topic HG Finance
Microfinance
Financial management. Business finance. Corporation finance
url https://ir.uitm.edu.my/id/eprint/52012/1/52012.pdf
https://ir.uitm.edu.my/id/eprint/52012/
https://www.acbess2021.com/
url_provider http://ir.uitm.edu.my/