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Table 8 Competition’s moderating effect on the relationship between ROA, and social performance

From: Competition and microfinance institutions’ performance: evidence from India

Variables

(1)

ROA

Variables

(1)

ROA

Depth

0.00303 (0.0135)

lnNAB

0.00971* (0.00575)

BI

−0.0142* (0.00805)

BI

−0.0128* (0.00709)

M1

0.00870 (0.0361)

M2

0.000689 (0.00481)

MFI_size

0.00793*** (0.00259)

MFI_size

0.000179 (0.00536)

MFI_Satudum

−0.0333*** (0.0106)

MFI_Satudum

−0.0362*** (0.0106)

RL

0.0314 (0.0224)

RL

0.0383* (0.0227)

age_dum

0.0201** (0.0102)

age_dum

0.0199** (0.0101)

Constant

−0.130*** (0.0406)

Constant

−0.110** (0.0427)

Observations

808

Observations

808

R-squared

0.25

R-squared

0.29

  1. Standard errors in parentheses
  2. *** p < 0.01, ** p < 0.05, * p < 0.1