1.  93
    Green Microfinance: Characteristics of Microfinance Institutions Involved in Environmental Management.Marion Allet & Marek Hudon - 2015 - Journal of Business Ethics 126 (3):395-414.
    In recent years, development practice has seen that microfinance institutions 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 (...)
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  2.  67
    Why Do Microfinance Institutions Go Green? An Exploratory Study.Marion Allet - 2014 - Journal of Business Ethics 122 (3):405-424.
    In recent years, in addition to financial and social objectives, the microfinance industry has started to look at its environmental bottom line. The objective of this paper is to identify why microfinance institutions decide to go green. Data was collected through a quantitative survey of 160 MFIs and qualitative semi-structured interviews of 23 MFIs’ top managers. Basing our analysis on the model of ecological responsiveness developed by Bansal and Roth :717–736, 2000), we discover that MFIs for which legitimation is the (...)
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  3.  7
    Mitigating Environmental Risks in Microenterprises: A Case Study From El Salvador.Marion Allet - 2017 - Business and Society 56 (1):57-91.
    Recently, international funding agencies and practitioners in the area of corporate social responsibility and small and medium enterprises have argued that microfinance institutions could promote the adoption of environmentally friendly business practices in microenterprises in developing countries. This article explores the potential and limitations of MFIs in promoting the spread of environmental risk management techniques and practices in microenterprises using a case study of an MFI-sponsored pilot program in this area in El Salvador. The author argues that caution should be (...)
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