• The Impact of Entrepreneur-CEOs in Microfinance Institutions: A Global Survey 

      Randøy, Trond; Strøm, Øystein R.; Mersland, Roy (Entrepreneurship Theory and Practice;39(4), Journal article; Peer reviewed, 2013-12-06)
      Microfinance is a global high-growth industry, in which entrepreneurship is prevalent and substantial. Based on the theoretical argument that microfinance entrepreneur-CEOs are “motivated agents” with a unique ability to ...
    • The impact of international influence on microbanks’ performance: A global survey 

      Mersland, Roy; Randøy, Trond; Strøm, Øystein (International Business Review; 20 (2), Journal article; Peer reviewed, 2011-04-02)
      Microbanks serve micro-enterprises and poor people with financial services. This study examines how various aspects of international influence affect microbanks’ financial and social performance. Grounded in agency theory ...
    • Measuring microfinance performance 

      Mersland, Roy; Strøm, R. Øystein (Chapter; Peer reviewed, 2014)
      MFIs are measured according to two dimensions. One is their outreach to poor people, that is, their ability to provide poor families access to financial services. This is the MFIs’ social mission. The other dimension is ...
    • Microfinance mission drift? 

      Strøm, Øystein; Mersland, Roy (World Development;38 (1), Journal article; Peer reviewed, 2010-01)
      Claims have been made that microfinance institutions (MFIs) experience mission drift as they increasingly cater to customers who are better off than their original customers. We investigate mission drift using average loan ...
    • Mikrofinans : fra helt til kjeltring 

      Mersland, Roy; Strøm, Øystein (Magma;14 (5), Journal article; Peer reviewed, 2011-08)
      Motivert av den senere tids kritikk av mikrofinans, blant annet slik den fremkom i en dokumentar kalt «Fanget i mikrogjeld» som ble sendt på NRK i november 2010, undersøker vi i denne artikkelen hvorvidt mikrofinanstilbyderne ...
    • Performance and governance in microfinance institutions 

      Strøm, Øystein; Mersland, Roy (Journal of Banking & Finance;33 (4), Journal article; Peer reviewed, 2009-04)
      We examine the relationship between firm performance and corporate governance in microfinance institutions (MFI) using a self-constructed global dataset on MFIs collected from third-party rating agencies. Using random ...