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The Impact of Credit-Plus microfinance training on social outcomes

Research Project

Project/Area Number 21K01488
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Review Section Basic Section 07040:Economic policy-related
Research InstitutionInternational Christian University

Principal Investigator

MONTGOMERY Heath  国際基督教大学, 教養学部, 教授 (60468551)

Project Period (FY) 2021-04-01 – 2026-03-31
Project Status Granted (Fiscal Year 2023)
Budget Amount *help
¥2,730,000 (Direct Cost: ¥2,100,000、Indirect Cost: ¥630,000)
Fiscal Year 2025: ¥390,000 (Direct Cost: ¥300,000、Indirect Cost: ¥90,000)
Fiscal Year 2024: ¥390,000 (Direct Cost: ¥300,000、Indirect Cost: ¥90,000)
Fiscal Year 2023: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2022: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2021: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Keywordsmicrocredit / microfinance / entrepreneurship / credit constraint / training / accelerator / incubator / credit plus / credit constraints
Outline of Research at the Start

The research will shed light on key questions about the significance of including human capital development in microfinance programs providing financial capital to micro-entrepreneurs in achieving social objectives. Quantifiable impact measurements will inform policymakers and practitioners.

Outline of Annual Research Achievements

This academic year, 令和5年度・AY2023 (4/2023-3/2024), preliminary quantitative and qualitative analysis results were written up as an academic study. That study was shared with the board of the partner microfinance institution for feedback.
Feedback from the board was incorporated into revised empirical analysis and written communication of the results of the analysis.The results of the analysis of the pilot year program were shared orally at a panel discussion organized at International Christian University on Accelerators for Sustainable Transformation. I contributed to the discussion from the perspective of the Accelerator function of the “Entrepreneurial Mindset”. The results of the analysis of the pilot year program were communicated in written format as they were published as a book chapter.

Current Status of Research Progress
Current Status of Research Progress

4: Progress in research has been delayed.

Reason

The coronavirus pandemic and political instability made the original research proposal, which involved field work in Sri Lanka, impossible to carry out as planned. An alternative microfinance organization was identified for study. However, the pandemic resulted in a smaller number of participants in the pilot year of that program than anticipated.

Strategy for Future Research Activity

Further field work with the current partner institution, this time studying the first year of the program and planned. Field work may include contact with another alternative collaborating partner.

Report

(3 results)
  • 2023 Research-status Report
  • 2022 Research-status Report
  • 2021 Research-status Report
  • Research Products

    (11 results)

All 2024 2023 2022

All Journal Article (7 results) (of which Int'l Joint Research: 7 results,  Peer Reviewed: 7 results,  Open Access: 6 results) Presentation (2 results) (of which Invited: 2 results) Book (2 results)

  • [Journal Article] Chief executive officer duality and the relationship between firm performance and dividend payouts2024

    • Author(s)
      Sheng, D. & Montgomery, H.
    • Journal Title

      Journal of Governance & Regulation

      Volume: 13(1) Issue: 1 Pages: 96-96

    • DOI

      10.22495/jgrv13i1art9

    • Related Report
      2023 Research-status Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Journal Article] The effectiveness of foreign exchange interventions in Japan2023

    • Author(s)
      Guyot, O., Montgomery, H., & Sheng, D.
    • Journal Title

      Journal of Infrastructure, Policy and Development

      Volume: 7(2) Issue: 2 Pages: 2171-2171

    • DOI

      10.24294/jipd.v7i2.2171

    • Related Report
      2023 Research-status Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Journal Article] Bond Issuance as Reputational Signal: Debunking the Negative Perception of Additional Liability2023

    • Author(s)
      Sheng, D., & Montgomery, H.
    • Journal Title

      International Journal of Financial Studies

      Volume: 11(4) Issue: 4 Pages: 126-126

    • DOI

      10.3390/ijfs11040126

    • Related Report
      2023 Research-status Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Journal Article] Do audits serve as an external risk oversight tool to boost firm performance?2023

    • Author(s)
      Sheng, D., & Montgomery, H.
    • Journal Title

      Corporate Governance and Organizational Behavior Review

      Volume: 7(3) Issue: 3 Pages: 188-188

    • DOI

      10.22495/cgobrv7i3p15

    • Related Report
      2023 Research-status Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Journal Article] What Triggers Corporate Site Visits, and Do Investors Care? A Comparison of Buy-Side and Sell-Side Analyst Site Visits in China2023

    • Author(s)
      Sheng, D. & Montgomery, H.
    • Journal Title

      International Journal of Financial Studies

      Volume: 11 (1) Issue: 1 Pages: 16-16

    • DOI

      10.3390/ijfs11010016

    • Related Report
      2022 Research-status Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Journal Article] Should Firms in Emerging Markets invest in R&D?: Evidence from China's Manufacturing Sector2022

    • Author(s)
      Sheng, D. & Montgomery, H.
    • Journal Title

      Journal of Risk and Financial Management

      Volume: 15 (11) Issue: 11 Pages: 517-517

    • DOI

      10.3390/jrfm15110517

    • Related Report
      2022 Research-status Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Journal Article] Should I Stay or Should I go Now? The Effect of Bank Mergers on Bank-Firm Relationships in Japan2022

    • Author(s)
      Montgomery, H.
    • Journal Title

      Eastern Economic Journal

      Volume: Online First Articles Issue: 3 Pages: 1-44

    • DOI

      10.1057/s41302-022-00210-5

    • Related Report
      2021 Research-status Report
    • Peer Reviewed / Int'l Joint Research
  • [Presentation] Entrepreneurship Mindset2023

    • Author(s)
      Montgomery, H.
    • Organizer
      Panel Discussion: "What do you think is the accelerator for sustainability transformation?"
    • Related Report
      2023 Research-status Report
    • Invited
  • [Presentation] Developing the Entrepreneurial Mindset of Black Entrepreneurs in the American South: A Case Study of WEBB Squared2022

    • Author(s)
      Montgomery, H.
    • Organizer
      Accelerators for Sustainable Development
    • Related Report
      2022 Research-status Report
    • Invited
  • [Book] “Japanese Banks International Activities”, Chapter 3 in C. D’Avino and M. Shabani (Eds.) International Banking in Global Perspective,.2024

    • Author(s)
      Montgomery, H.
    • Total Pages
      42
    • Publisher
      Routledge
    • ISBN
      9781032310602
    • Related Report
      2023 Research-status Report
  • [Book] 「マイクロファイナンスにおける持続可能な開発のアクセラレータ:WEBB Squaredによる起業家マインド育成の事例分析」国際基督教大学社会科学研究所と上智大学グローバル・コンサーン研究所、編「サステナビリティ変革への加速」の9章2023

    • Author(s)
      Montgomery, H.
    • Total Pages
      35
    • Publisher
      東信堂
    • ISBN
      9784798918624
    • Related Report
      2023 Research-status Report

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Published: 2021-04-28   Modified: 2024-12-25  

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