{"title":"通过控制腐败扩大包容性市场:一个重大挑战的多层次模型分析","authors":"Sunny Li Sun , Zhujun Ding , George Joseph","doi":"10.1016/j.intman.2023.101068","DOIUrl":null,"url":null,"abstract":"<div><p>To tackle the grand challenge of poverty alleviation, we investigate the role of microfinance institutions (MFIs) in fostering inclusive markets amid the influence of corruption. Corruption hampers MFI's efforts to reach out to women and the poor, leading to increased costs and resource wastage. Specifically, corruption negatively impacts financial inclusivity by affecting service costs, female borrower inclusion, and loan officer effectiveness. By adopting an institution-based view, we propose that corruption control can counteract this negative effect by enhancing information transmission and stakeholder cooperation within microfinance, thereby promoting inclusivity. Corruption control also moderates the effects of three firm-level factors, namely service cost, female borrowers, and loan officers on expanding inclusive markets. Leveraging a panel data set of 618 MFIs across 30 developing countries from 2005 to 2011, we employ multilevel modeling and find a positive association between corruption control and the breadth of MFIs' outreach.</p></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":null,"pages":null},"PeriodicalIF":5.9000,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Expanding Inclusive Markets through Corruption Control: A Multilevel Modeling Analysis for a Grand Challenge\",\"authors\":\"Sunny Li Sun , Zhujun Ding , George Joseph\",\"doi\":\"10.1016/j.intman.2023.101068\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>To tackle the grand challenge of poverty alleviation, we investigate the role of microfinance institutions (MFIs) in fostering inclusive markets amid the influence of corruption. Corruption hampers MFI's efforts to reach out to women and the poor, leading to increased costs and resource wastage. Specifically, corruption negatively impacts financial inclusivity by affecting service costs, female borrower inclusion, and loan officer effectiveness. By adopting an institution-based view, we propose that corruption control can counteract this negative effect by enhancing information transmission and stakeholder cooperation within microfinance, thereby promoting inclusivity. Corruption control also moderates the effects of three firm-level factors, namely service cost, female borrowers, and loan officers on expanding inclusive markets. Leveraging a panel data set of 618 MFIs across 30 developing countries from 2005 to 2011, we employ multilevel modeling and find a positive association between corruption control and the breadth of MFIs' outreach.</p></div>\",\"PeriodicalId\":47937,\"journal\":{\"name\":\"Journal of International Management\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":5.9000,\"publicationDate\":\"2023-12-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of International Management\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1075425323000650\",\"RegionNum\":2,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"MANAGEMENT\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of International Management","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1075425323000650","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"MANAGEMENT","Score":null,"Total":0}
Expanding Inclusive Markets through Corruption Control: A Multilevel Modeling Analysis for a Grand Challenge
To tackle the grand challenge of poverty alleviation, we investigate the role of microfinance institutions (MFIs) in fostering inclusive markets amid the influence of corruption. Corruption hampers MFI's efforts to reach out to women and the poor, leading to increased costs and resource wastage. Specifically, corruption negatively impacts financial inclusivity by affecting service costs, female borrower inclusion, and loan officer effectiveness. By adopting an institution-based view, we propose that corruption control can counteract this negative effect by enhancing information transmission and stakeholder cooperation within microfinance, thereby promoting inclusivity. Corruption control also moderates the effects of three firm-level factors, namely service cost, female borrowers, and loan officers on expanding inclusive markets. Leveraging a panel data set of 618 MFIs across 30 developing countries from 2005 to 2011, we employ multilevel modeling and find a positive association between corruption control and the breadth of MFIs' outreach.
期刊介绍:
The Journal of International Management is devoted to advancing an understanding of issues in the management of global enterprises, global management theory, and practice; and providing theoretical and managerial implications useful for the further development of research. It is designed to serve an audience of academic researchers and educators, as well as business professionals, by publishing both theoretical and empirical research relating to international management and strategy issues. JIM publishes theoretical and empirical research addressing international business strategy, comparative and cross-cultural management, risk management, organizational behavior, and human resource management, among others.