2022
DOI: 10.3390/su141911986
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The Determinants of Micro Finance Institutions’ Decision to Receive a Social Rating: An Institutional and Resource-Dependence Perspective

Abstract: We examine the determinants of MFIs’ social rating decisions according to institutional and resource dependency pressure factors. We exploit a unique data set containing 221 MFIs resulting in 767-year observations, obtained from both mixed market and social rating agencies (Planet, MicroFinanza, and Microrate rating agencies). Our data was collected for both rated and non-rated MFIs between the years 2006 and 2018, in six major less-developed regions of the world. Our study contributes to the CSR literature in… Show more

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“…By emphasizing the role of resource availability and control, resource dependency theory supports the impact of women in leadership positions and their involvement in LS in MFIs (Simo et al, 2022). As the resource dependency theory suggests that organizations cannot exist and survive in the market for their success without having access to external resources, women play a vital role in attaining external resources for organizations due to their unique style of leadership and knowledge and having different viewpoints than their counterparts (Hussain et al, 2023).…”
Section: Theoretical Frameworkmentioning
confidence: 99%
“…By emphasizing the role of resource availability and control, resource dependency theory supports the impact of women in leadership positions and their involvement in LS in MFIs (Simo et al, 2022). As the resource dependency theory suggests that organizations cannot exist and survive in the market for their success without having access to external resources, women play a vital role in attaining external resources for organizations due to their unique style of leadership and knowledge and having different viewpoints than their counterparts (Hussain et al, 2023).…”
Section: Theoretical Frameworkmentioning
confidence: 99%