Role of Governance in Microfinance Sustainability

This book identifies the effect of governance structure components on outreach and sustainability of microfinance institutions (MFIs) in Bangladesh. It is designed to study and understand these structures with reference to the changing forms and functions of MFI administration, in theory and practice, with experiences from selected countries. It helps readers understand corporate governance across the globe with recent developments in this sector. It provides evidence from Bangladesh on what aspects need to be strengthened and identifies the importance of considering differences in institutional values, culture, and environment while pointing to the risk of applying normative assertions of governance structure. The book suggests that a regulatory and supervisory framework should be introduced in Bangladesh to enhance the governance structure of MFIs. It advocates that the sector requires a robust regulatory environment to improve its governance and administrative frameworks and expand the microfinance sector's outreach and sustainability opportunities. It will benefit researchers and students of economics, corporate governance, accountability, transparency, finance, business administration, microfinance institutions, and applied fields, as well as microfinance practitioners, administrators, and policymakers.