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Initial Public Offerings In The Microfinance Industry: Does A Mission Drift Occur?, Sarah Segill Apr 2013

Initial Public Offerings In The Microfinance Industry: Does A Mission Drift Occur?, Sarah Segill

Honors Projects in Finance

This thesis analyzes whether or not there is a mission drift when microfinance organizations become publicly traded entities. One of the most debated criticisms of microfinance institutions (MFIs) today involves becoming for-profit organizations in attempt to raise more capital. Donor funding is limited for non-profit organizations and does not give an MFI much room to grow to serve a maximal number of people. The entry of for-profit microfinance institutions has a great deal of possibility in terms of generating scale, efficiency and innovation. Yet these for-profit institutions can easily lose track of their social mission to serve the poor and …


How Would Non-Interest Banking Affect The Effectiveness Of Monetary Policy In Nigeria, Yusuf Adamu Mar 2013

How Would Non-Interest Banking Affect The Effectiveness Of Monetary Policy In Nigeria, Yusuf Adamu

Bullion

This article espouses the effectiveness of monetary policy in a dual economic framework (interest bearing/non-interest bearing). In other words it examines how the element non-interest banking when combined with interest bearing framework affect the effectiveness of monetary policy. The use of interest based instruments can effectively be combined with the identified non-interest interest instrument to conduct monetary policy. This article recommend that Nigeria should start thinking towards a policy that takes into account the monetary aggregate instruments as the main tool for executing monetary policy.


Comparative Study Of Determinants Of Food Security In Rural And Urban Households In Ashanti Region, Ghana, Stephen Frimpong, Samuel Asuming-Brempong Dec 2012

Comparative Study Of Determinants Of Food Security In Rural And Urban Households In Ashanti Region, Ghana, Stephen Frimpong, Samuel Asuming-Brempong

Stephen Frimpong

This study assessed determinants of food security in rural and urban households of Ashanti Region of Ghana using a Tobit regression model. The significant determinants of food security in rural households were household size, expenditure on food, access to credit, total own production, remittances, number of income generating activities and land endowment. Similarly, household size, migration, per capita food expenditure; own production and land endowment were the significant determinants of food security in urban households. The Chow coefficient test was used to test for equality of coefficients. The results showed that significant differences exist between the magnitudes of the determinants …