Performance Valuation of Credit Unions Having Social and Self-sustaining Aim

被引:2
作者
Railiene, Ginta [1 ]
Sineviciene, Lina [1 ]
机构
[1] Kaunas Univ Technol, K Donelaicio St 73, LT-44249 Kaunas, Lithuania
来源
20TH INTERNATIONAL SCIENTIFIC CONFERENCE - ECONOMICS AND MANAGEMENT 2015 (ICEM-2015) | 2015年 / 213卷
关键词
Credit union; Microfinance institutions; Performance valuation; Outreach; Social aim; Self-sustaining aim; Lithuania; MICROFINANCE INSTITUTIONS; EFFICIENCY; OUTREACH;
D O I
10.1016/j.sbspro.2015.11.561
中图分类号
F [经济];
学科分类号
02 ;
摘要
Credit unions (CUs) as finance institutions are valued by financial ratios, although they have a social aim as well. Moreover, the cooperative nature of activities should be taken into account. The paper aims to discuss the methodology for performance valuation of CUs and carry out the valuation on Lithuanian CUs example. Cost effectiveness estimated by data envelopment analysis is compared to different performance and outreach measures. The main results suggest that more cost effective credit unions are the larger ones, but efficiency is not described by other outreach measures. (C) 2015 The Authors. Published by Elsevier Ltd.
引用
收藏
页码:423 / 429
页数:7
相关论文
共 23 条
  • [1] Balezentis T, 2014, J MANAGEMENT THEORY, V36, P223
  • [2] Balezentis T, 2013, J MANAGEMENT THEORY, V35, P176
  • [3] Measuring performance of social and non-profit Microfinance Institutions (MFIs): An application of multicriterion methodology
    Bartual Sanfeliu, C.
    Cervello Royo, R.
    Moya Clemente, I.
    [J]. MATHEMATICAL AND COMPUTER MODELLING, 2013, 57 (7-8) : 1671 - 1678
  • [4] Value proposition preferences of credit union members and patronage activity
    Byrne, Noreen
    McCarthy, Olive
    [J]. INTERNATIONAL JOURNAL OF BANK MARKETING, 2014, 32 (06) : 567 - 589
  • [5] Financial performance and outreach:: A global analysis of leading microbanks
    Cull, Robert
    Demirguec-Kunt, Asli
    Morduch, Jonathan
    [J]. ECONOMIC JOURNAL, 2007, 117 (517) : F107 - F133
  • [6] ENCU, 2014, RE BAS 3 NET STABL F
  • [7] Irish credit unions: Investigating performance determinants and the opportunity cost of regulatory compliance
    Glass, J. Colin
    McKillop, Donal G.
    Rasaratnam, Syamarlah
    [J]. JOURNAL OF BANKING & FINANCE, 2010, 34 (01) : 67 - 76
  • [8] Gutierrez B., 2005, Omega, V35, P131
  • [9] The relationship between DEA efficiency and the type of production function, the degree of homogeneity, and error variability
    Hadad, Yossi
    Friedman, Lea
    Rybalkin, Victoria
    Sinuany-Stern, Zilla
    [J]. CENTRAL EUROPEAN JOURNAL OF OPERATIONS RESEARCH, 2013, 21 (03) : 595 - 607
  • [10] Outreach and Efficiency of Microfinance Institutions
    Hermes, Niels
    Lensink, Robert
    Meesters, Aljar
    [J]. WORLD DEVELOPMENT, 2011, 39 (06) : 938 - 948