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Title: Dictating Change, Shouting Success: Where is Accountability?
Contributor(s): Khan, Ashfaq A  (author)
Publication Date: 2011
Open Access: Yes
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Fields of Research (FoR) 2008: 150299 Banking, Finance and Investment not elsewhere classified
150203 Financial Institutions (incl Banking)
Socio-Economic Objective (SEO) 2008: 900199 Financial Services not elsewhere classified
900101 Finance Services
Abstract: A great body of literature suggests that the poor were better off before the microfinance sector's paradigm shift of the mid-1990s. The sector's 'dependent' constituents' focus changed in an effort to cope with the changes dictated by its 'controlling' constituents. This paper's key finding is that the not-for-profit sector, where beneficiaries' interests are at stake, and the corporate sector, where owners and management are separate, should undergo an externally dictated change only after passing through a regulating agency's scrupulous check, lest the change harm the sector's beneficiaries. The paper attempts to create awareness among policy-makers of the need to be thoughtful of the ultimate beneficiaries in similar cases of externally dictated organisational change.
Publication Type: Journal Article
Source of Publication: Australasian Accounting Business and Finance Journal, 5(4), p. 85-100
Publisher: University of Wollongong
Place of Publication: Australia
ISSN: 1834-2000
Peer Reviewed: Yes
HERDC Category Description: C1 Refereed Article in a Scholarly Journal
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Appears in Collections:Journal Article
UNE Business School

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