Regulation, Supervision and Social and Financial Efficiency of Microfinance Institutions in ASEAN-5 Countries

IF 0.5 Q4 ECONOMICS

Malaysian Journal of Economic Studies Pub Date : 2020-12-14 DOI:10.22452/mjes.vol57no2.5

Nurazilah Zainal, Fakarudin Kamarudin, S. Law, M. Bakri, F. Sufian, A. Nassir

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引用次数: 1

Abstract

This study delivers new empirical evidence on the impact of banking regulations on the levels of social and financial efficiency of microfinance institutions (MFIs) between the years 2012 to 2018. The sample consisted of data from 172 MFIs from ASEAN-5 countries. As the first stage of the analysis, data envelopment analysis (DEA) was employed to determine a score of the level of social and financial efficiency for the sampled MFIs. Meanwhile, panel regression analysis and the Generalized a Faculty of Business and Management, Universiti Teknologi MARA Campus Seremban 3, 70300 Seremban, Negeri Sembilan. Email: nuraz3169@uitm.edu.my (Corresponding author) b School of Business and Economics, Universiti Putra Malaysia, 43400 Serdang, Selangor, Malaysia. Email: fakarudin@upm.edu.my c School of Business and Economics, Universiti Putra Malaysia, 43400 Serdang, Selangor, Malaysia. Email: lawsh@upm.edu.my d Faculty of Technology Management and Technopreneur, Universiti Teknikal Malaysia, Jalan Hang Tuah Jaya, 76100 Durian Tunggal, Melaka. Email: hariri@utem.edu.my e Faculty of Business and Management, Universiti Teknologi MARA Campus Puncak Alam, 42300 Kuala Selangor, Selangor. Email: fadzlansufian@uitm.edu.my f School of Economics and Management, Xiamen University Malaysia Jalan Sunsuria, Bandar Sunsuria, 43900 Sepang, Selangor. Email: annuar.nassir@xmu.edu.my * The authors would like to thank the editors and the anonymous referees of the journal for their constructive comments and suggestions, which have significantly helped to improve the paper. Furthermore, special thanks to: 1) Fundamental Research Grant Scheme (FRGS) Project Code: 600IRMI/FRGS 5/3 (141/2019) sponsored by Malaysian Ministry of Higher Education; 2) Universiti Teknologi MARA, Malaysia; and 3) Universiti Putra Malaysia Grant IPS Vot No. 9651500 sponsored by Universiti Putra Malaysia as organisations that funded our research. The usual caveats apply. Article Info: Received 26 July 2019; Revised 31 May 2020; Accepted 29 September 2020 https://doi.org/10.22452/MJES.vol57no2.5

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东盟五国小额信贷机构的监管与社会金融效率

这项研究提供了2012年至2018年间银行监管对小额信贷机构社会和金融效率水平影响的新实证证据。样本包括来自东盟五国172家小额金融机构的数据。作为分析的第一阶段，采用数据包络分析（DEA）来确定抽样小额金融机构的社会和金融效率水平的得分。同时，面板回归分析和通用工商管理学院，理工大学MARA Seremban校区370300 Seremban，Negeri Sembilan。电子邮件：nuraz3169@uitm.edu.my（通讯作者）b马来西亚普特拉大学商业与经济学院，马来西亚雪兰莪州瑟当43400号。电子邮件：fakarudin@upm.edu.myc马来西亚普特拉大学商业与经济学院，马来西亚雪兰莪州瑟当43400号。电子邮件：lawsh@upm.edu.myd马来西亚科技大学技术管理与技术创业学院，地址：马来西亚马六甲杜伦洞加路76100号。电子邮件：hariri@utem.edu.mye商业与管理学院，马拉科技大学Puncak Alam校区，42300 Kuala Selangor，Selangor。电子邮件：fadzlansufian@uitm.edu.myf厦门大学经济与管理学院马来西亚雪兰莪州雪邦43900 Sunsuria市Jalan Sunsuria。电子邮件：annuar.nassir@xmu.edu.my*作者要感谢该杂志的编辑和匿名审稿人提出的建设性意见和建议，这些意见和建议大大有助于改进论文。此外，特别感谢：1）马来西亚高等教育部资助的基础研究资助计划（FRGS）项目代码：600IRMI/FRGS 5/3（141/2019）；2）马来西亚马拉科技大学；和3）马来西亚普特拉大学资助IPS Vot No.9651500，由马来西亚普特拉本科赞助，作为资助我们研究的组织。通常的注意事项适用。文章信息：收到日期：2019年7月26日；2020年5月31日修订；2020年9月29日接受https://doi.org/10.22452/MJES.vol57no2.5

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来源期刊

Malaysian Journal of Economic Studies ECONOMICS-

CiteScore

1.30

自引率

25.00%

发文量

期刊介绍： The primary purpose of the journal is to promote publications of original research related to the Malaysian economy. It is also designed to serve as an outlet for studies on the South-east Asian countries and the Asian region. The journal also considers high-quality works related to other regions that provide relevant policy lessons to Malaysia. The journal is receptive to papers in all areas of economics. We encourage specifically contributions on all range of economic topics of an applied or policy nature. At the same time, submissions of methodological or theoretical studies with results that are of practical use are welcome. Works that are interdisciplinary will be considered provided that they contain substantial economic contents.