期刊名称：International Journal of Statistics and Probability
印刷版ISSN：1927-7032
电子版ISSN：1927-7040
出版年度：2021
卷号：13
期号：2
页码：52-60
DOI：10.5539/ijef.v13n2p52
语种：English
出版社：Canadian Center of Science and Education
摘要：Microfinance pursues a dual objective: reduce poverty (social performance) and ensure lasting profitability(financial performance). However, beyond these two performances, microfinance institutions (MFIs) have asocial responsibility (CSR) towards their stakeholders. The main objective of this article is to measure theinfluence of the CSR practices of Togolese MFIs on their financial performance. The analysis is conducted overa sample of 60 Togolese MFIs, using the principal component analysis and generalized least squares techniques.The results show that CSR through the dimensions customer, employees and community positively andsignificantly impact on the financial performance of MFIs when measured by ROA, while the environmentdimension has a negative significant influence.
