Efficiency of microfinance institutions in Sri Lanka: a two-stage double bootstrap DEA approach

Wijesiri, Mahinda; Viganò, Laura; Meoli, Michele

doi:10.1016/j.econmod.2015.02.016

Cited by 144 publications

(135 citation statements)

References 45 publications

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“…Conversely, a significant number of the observed MFIs are inefficient in both dimensions. This finding leads to the conclusion that MFIs that are inefficient in both dimensions, or efficient in only one, should work on solving their weaknesses and restructure their policy choices (Wijesiri et al 2015). Widiarto and Emrouznejad (2015) focus on the comparison of the DEA efficiencies of Islamic and conventional MFIs in terms of their social and financial efficiency.…”

Section: The "Two Dimensional" Efficiency Of Microfinance Institutionsmentioning

confidence: 99%

“…Even though literature on the two-dimensional efficiency of MFIs is quite limited, there are a few influential studies. Wijesiri et al (2015) in their paper examine the efficiency of 36 MFIs in Sri Lanka with two different DEA models in order to obtain scores for financial and social inefficiency. Conversely, a significant number of the observed MFIs are inefficient in both dimensions.…”

Section: The "Two Dimensional" Efficiency Of Microfinance Institutionsmentioning

confidence: 99%

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The social and financial efficiency of microfinance institutions: the case of Bosnia and Herzegovina

Efendic

Hadziahmetovic

2017

South East European Journal of Economics and Business

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This paper investigates the financial and social efficiency of microfinance institutions (“MFIs”) in Bosnia and Herzegovina, as well as the effects of the latest crisis on these “two-dimensional” efficiencies. Specifically, we analyze the efficiency of MFIs in Bosnia and Herzegovina (BiH) as a good case of a European, post-war country in transition with a developed micro-financial sector. The efficiency analysis relies on secondary data collected and investigated through Data Envelopment Analysis (DEA). The study covers data for the period commencing in 2008 and ending in 2015. In our empirical investigation, we find a suboptimal level of both financial and social efficiency among MFIs in BiH. However, financial efficiency is significantly higher than social efficiency, while small-sized MFIs over perform larger ones in both the financial and social dimensions. As a result of the crisis, MFIs recorded a declining trend in efficiency up to 2010, after which they began to show signs of slow recovery. However, our results suggest that MFIs prioritized financial over social goals in recovery period following the crisis.

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Section: The "Two Dimensional" Efficiency Of Microfinance Institutionsmentioning

confidence: 99%

Section: The "Two Dimensional" Efficiency Of Microfinance Institutionsmentioning

confidence: 99%

The social and financial efficiency of microfinance institutions: the case of Bosnia and Herzegovina

Efendic

Hadziahmetovic

2017

South East European Journal of Economics and Business

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“…There were two different output variables as financial revenue for financial model and total number of female borrowers for social model in the study. (Wijesiri, Viganò and Meoli, 2015).…”

Section: Literature Reviewmentioning

confidence: 99%

Türk Bankacilik Sektörünün Performans Değerlendi̇rmesi̇nde Entropi̇k Ağirliklarla Veri̇ Zarflama Anali̇zi̇

Özdağoğlu¹,

Yakut²,

Bahar³

2017

Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi

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Data envelopment analysis is one of the tools that has been used frequently on evaluating the performance of the firms. Particularly in today's competitive conditions, since the firms have been facing many external and/or internal factors closely, data envelopment anaysis (DEA) method is used for measuring inputs and outputs on the relative efficiency of operational processes. When the banking sector is analysed in Republic of Turkey, the degree of competition among the banks has shown that it is necessary for them to use their resources more efficiently. Hence, in terms of financial performance of banks, defining the efficiency limitations would be easier and more efficient with some statistical tools. The purpose of this study is to analyze the performance of all deposit banks in Turkey by using data envelopment anaysis with entropic weights. Keywords:Data Envelopment Analysis, Banking Sector, Banking Performance, Entropic Weights TÜRK BANKACILIK SEKTÖRÜNÜN PERFORMANS DEĞERLENDİRMESİNDE ENTROPİK AĞIRLIKLARLA VERİ ZARFLAMA ANALİZİ ÖZVeri zarflama analizi firmaların performansını değerlendirmede sıklıkla kullanılan araçlardan birisidir. Özellikle günümüz rekabet şartlarında işletmelerin gerek dış gerekse iç faktörlere yakından maruz kalması ve bunun sonucunda girdi ve çıktıların operasyonel süreçlere göreli etkinliklerinin ölçülmesi için kullanılan bir yöntemdir. Türkiye'de bankacılık sektörü incelendiğinde bankalar arasındaki rekabetin düzeyi bankaların kaynak kullanımını en etkin şekilde kullanması gerektiğini göstermiştir. Bu yüzden bankaların finansal performansları açısından takip etmesi gereken etkinlik sınırlamalarının belirlenmesi bazı istatistiksel araçlarla daha kolay ve etkin olmaktadır. Bu çalışmanın amacı, entropik ağırlıkları içeren veri zarflama analizi ile Türkiye'de faaliyet gösteren tüm mevduat bankalarının performanslarının incelenmesidir.

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“…The study of Wijesiri et al [11] examines technical efficiency and its determinants of 36 microfinance institutions (MFIs) in Sri Lanka using a two stage double bootstrap approach. Two different DEA models are designed to obtain DEA scores along financial and social perspectives.…”

Section: Literature Reviewmentioning

confidence: 99%

The Social Efficiency of Microfinance Institutions in Sri Lanka

Mallika¹,

Zhao²

2017

dtssehs

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Abstract. Microfinance institutions (MFIs) play a crucial role in the financial world and they have a double financial and social role and need to be efficient at both. There are very limited studies in the efficiency of microfinance institutions (MFIs), especially in the poor and developing countries such as Sri Lanka. Some studies which considered only financial efficiency not give attention to social efficiency. In this paper examines the social efficiency of 36 microfinance institutions (MFIs) in Sri Lanka using non-parametric data envelopment analysis using three inputs (Total Assets (TA), Operating Cost (OC) and Number of Employees (NE)) and two outputs Number of active women borrowers (WB) and Indicator of benefit to the poorest (BP). It was found that the majority of MFIs have become a considerable efficiency scores (greater than 0.5) in study year of 2013 and 2016. It can be concluded that MFIs are at the lead of the fight against poverty and provide opportunities for women in Sri Lanka.

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Efficiency of microfinance institutions in Sri Lanka: a two-stage double bootstrap DEA approach

Cited by 144 publications

References 45 publications

The social and financial efficiency of microfinance institutions: the case of Bosnia and Herzegovina

The social and financial efficiency of microfinance institutions: the case of Bosnia and Herzegovina

Türk Bankacilik Sektörünün Performans Değerlendi̇rmesi̇nde Entropi̇k Ağirliklarla Veri̇ Zarflama Anali̇zi̇

The Social Efficiency of Microfinance Institutions in Sri Lanka

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