Lahcen El Kharti
Savings and Development Vol. 38(2014), No. 1, pp. 27-44

This paper studies the determinants of financial performance of microfinance institutions (MFIs) in Morocco. Results show that the Portfolio at Risk (PAR30) and the age of the MFIs are the main determinants of financial performance of these [...]

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Jamel Chouaibi, Habib Affes and Younès Boujelbene
Savings and Development Vol. 34(2010), No. 1, pp. 7-33

This study focuses on the innovation activities as determinants of the financial value of the firm. This approach breaks with the binary approach to measure the degree of innovation and replaces it by an aggregative index. This study reports on the [...]

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