Relação entre desempenho financeiro e desempenho social de instituições de microfinanças na América Latina / The relationship between financial performance and social performance of microfinance institutions in Latin America.

AUTOR(ES)
FONTE

IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia

DATA DE PUBLICAÇÃO

19/06/2012

RESUMO

The present thesis aims to analyze the relationship between financial and social performances of microfinance institutions that operate in Latin America. Thus, the paper proposes, through the application of quantitative methods as tests of correlation and regression, an investigation about the relationship between variables related to social performance and financial performance of these organizations. Furthermore, control variables as legal form of the organization (for profit or nonprofit) and size (total assets) were included in the model. The sample consisted of microfinance institutions in Latin America that published their financial results and their social data on the platform MIX Market between the years 2008 and 2009. The necessity of publication of this information proved to be the main limitation of the survey sample size. The results reveal the importance of the variable size of the institution for the organization to achieve higher social and financial results, which indicate the probable presence of economies of scale. The results also reveal the preponderance of evidence that does not reject the null hypothesis, i.e. that it is not possible to establish a relationship between financial and social performances of microfinance institutions. For future research, we recommend the use of a larger series of data and improvement of social indicator, so that it becomes more comprehensive and accurate.

ASSUNTO(S)

desempenho social microcredit microcrédito microfinanças microfinance social performance

ACESSO AO ARTIGO

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