TY - JOUR
T1 - Study of the determinant factors of the growth of municipal savings and credit cooperatives in Peru
AU - Gómez, Gerardo
AU - Mena, Ana
AU - López, Robert Beltrán
N1 - Publisher Copyright:
© 2019 Universidad Nacional Autónoma de México, Facultad de Contaduría y Administración. This is an open access article under the CC BY-NC-SA (https://creativecommons.org/licenses/by-nc-sa/4.0/)
PY - 2021
Y1 - 2021
N2 - The objective of this work is to determine the factors that influence the growth of municipal savings banks in Peru. The literature regarding the factors that influence the growth of financial companies is scarce, so this study constitutes a first approximation to understand the factors that influence the growth of financial companies. The data were obtained from the Superintendency of Banking and Insurance and Pension Fund Administrator (SBS for its acronym in Spanish), which is the supervisory body of the microfinance system in Peru and covers the 2005-2014 period. The panel data model with fixed and random effects was used to compare the hypotheses. Two measures of business growth were used: financial income, and the number of workers. The independent variables used were: Placements, deposits, interest rate, delinquency, economic growth, and age. Deposits were found to positively influence the growth of municipal savings banks while delinquency negatively influence the growth of municipal savings banks in Peru.
AB - The objective of this work is to determine the factors that influence the growth of municipal savings banks in Peru. The literature regarding the factors that influence the growth of financial companies is scarce, so this study constitutes a first approximation to understand the factors that influence the growth of financial companies. The data were obtained from the Superintendency of Banking and Insurance and Pension Fund Administrator (SBS for its acronym in Spanish), which is the supervisory body of the microfinance system in Peru and covers the 2005-2014 period. The panel data model with fixed and random effects was used to compare the hypotheses. Two measures of business growth were used: financial income, and the number of workers. The independent variables used were: Placements, deposits, interest rate, delinquency, economic growth, and age. Deposits were found to positively influence the growth of municipal savings banks while delinquency negatively influence the growth of municipal savings banks in Peru.
KW - Microfinance theory
KW - Panel data
KW - Savings banks
UR - http://www.scopus.com/inward/record.url?scp=85099820093&partnerID=8YFLogxK
U2 - 10.22201/FCA.24488410E.2018.1596
DO - 10.22201/FCA.24488410E.2018.1596
M3 - Article
AN - SCOPUS:85099820093
SN - 0186-1042
VL - 64
SP - 1
EP - 18
JO - Contaduria y Administracion
JF - Contaduria y Administracion
IS - 3
ER -
