caa a22 4500 605484791 CHVBK 20210128100438.0 cr unu---uuuuu 210128e20150201xx s 000 0 eng 10.1007/s10551-013-1942-5 doi (NATIONALLICENCE)springer-10.1007/s10551-013-1942-5 Green Microfinance: Characteristics of Microfinance Institutions Involved in Environmental Management [Elektronische Daten] [Marion Allet, Marek Hudon] In recent years, development practice has seen that microfinance institutions (MFIs) are starting to consider their environmental bottom line in addition to their financial and social objectives. Yet, little is known about the characteristics of institutions involved in environmental management. This paper empirically identifies the characteristics of these MFIs for the first time using a sample of 160 microfinance institutions worldwide. Basing our analysis on various econometric tests, we find that larger MFIs and MFIs registered as banks tend to perform better in environmental policy and environmental risk assessment. Furthermore, more mature MFIs tend to have better environmental performances, in particular in providing green microcredit and environmental non-financial services. On the other hand, financial performance is not significantly related to environmental performance, suggesting that ‘green' MFIs are not more or less profitable than other microfinance institutions. Springer Science+Business Media Dordrecht, 2013 Environment nationallicence Microfinance nationallicence Microcredit nationallicence Corporate social responsibility nationallicence Size nationallicence Financial performance nationallicence Allet Marion Université Paris 1 Panthéon-Sorbonne, IEDES, UMR 201, Développement et Sociétés, Paris, France aut Hudon Marek Université Libre de Bruxelles, SBS-EM, CEB, CERMi, 42, Av. Roosevelt, CP 114/02, 1050, Bruxelles, Belgium aut Journal of Business Ethics Springer Netherlands 126/3(2015-02-01), 395-414 0167-4544 126:3<395 2015 126 10551 https://doi.org/10.1007/s10551-013-1942-5 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10551-013-1942-5 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Allet Marion Université Paris 1 Panthéon-Sorbonne, IEDES, UMR 201, Développement et Sociétés, Paris, France aut NATIONALLICENCE 700 1- Hudon Marek Université Libre de Bruxelles, SBS-EM, CEB, CERMi, 42, Av. Roosevelt, CP 114/02, 1050, Bruxelles, Belgium aut NATIONALLICENCE 773 0- Journal of Business Ethics Springer Netherlands 126/3(2015-02-01), 395-414 0167-4544 126:3<395 2015 126 10551