Papers by Vanidhar Uppaluru
We empirically study the determinants of failures of microfinance institutions based on the CAMEL... more We empirically study the determinants of failures of microfinance institutions based on the CAMELS rating components and microfinance-specific measures by applying logit regression techniques. Our findings confirm the capital adequacy (C), the asset quality (A), the management risk (M), and the sensitivity to market risk (S) to be explaining factors of failures of microfinance institutions. Regarding microfinance-specific effects, there is a positive influence of the percentage of female borrowers and a negative influence of the regulation on the likelihood of failure. Moreover, our results suggest that microfinance institutions that are organized as banks are more likely to fail than non-governmental organizations.
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Papers by Vanidhar Uppaluru