Towards a Performance Measurement Framework for Community Development Finance Institutions in the UK

Community Development Finance Institutions (CDFIs) are publicly funded organisations that provide small loans to people in financially underserved areas of the UK. Policy makers have repeatedly sought to understand and measure the performance of CDFIs to ensure the efficient use of public funds, but...

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Bibliographic Details
Main Authors:	Kneiding, C., Tracey, P.
Format:	Journal Article
Language:	EN
Published:	2012
Online Access:	http://hdl.handle.net/10986/5265

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spelling	okr-10986-52652021-04-23T14:02:21Z Towards a Performance Measurement Framework for Community Development Finance Institutions in the UK Kneiding, C. Tracey, P. Community Development Finance Institutions (CDFIs) are publicly funded organisations that provide small loans to people in financially underserved areas of the UK. Policy makers have repeatedly sought to understand and measure the performance of CDFIs to ensure the efficient use of public funds, but have struggled to identify an appropriate way of doing so. In this article, we empirically derive a framework that measures the performance of CDFIs through an analysis of their stakeholder relationships. Based on qualitative data from 20 English CDFIs, we develop a typology of CDFIs according to three dimensions: organisational structure, type of lending and type of market served. Following on from this, we derive several propositions that consider how these dimensions relate to the financial and social performance of CDFIs, and provide the basis for a performance measurement framework. 2012-03-30T07:32:03Z 2012-03-30T07:32:03Z 2009 Journal Article Journal of Business Ethics 0167-4544 http://hdl.handle.net/10986/5265 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article United Kingdom
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
geographic_facet	United Kingdom
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Community Development Finance Institutions (CDFIs) are publicly funded organisations that provide small loans to people in financially underserved areas of the UK. Policy makers have repeatedly sought to understand and measure the performance of CDFIs to ensure the efficient use of public funds, but have struggled to identify an appropriate way of doing so. In this article, we empirically derive a framework that measures the performance of CDFIs through an analysis of their stakeholder relationships. Based on qualitative data from 20 English CDFIs, we develop a typology of CDFIs according to three dimensions: organisational structure, type of lending and type of market served. Following on from this, we derive several propositions that consider how these dimensions relate to the financial and social performance of CDFIs, and provide the basis for a performance measurement framework.
format	Journal Article
author	Kneiding, C. Tracey, P.
spellingShingle	Kneiding, C. Tracey, P. Towards a Performance Measurement Framework for Community Development Finance Institutions in the UK
author_facet	Kneiding, C. Tracey, P.
author_sort	Kneiding, C.
title	Towards a Performance Measurement Framework for Community Development Finance Institutions in the UK
title_short	Towards a Performance Measurement Framework for Community Development Finance Institutions in the UK
title_full	Towards a Performance Measurement Framework for Community Development Finance Institutions in the UK
title_fullStr	Towards a Performance Measurement Framework for Community Development Finance Institutions in the UK
title_full_unstemmed	Towards a Performance Measurement Framework for Community Development Finance Institutions in the UK
title_sort	towards a performance measurement framework for community development finance institutions in the uk
publishDate	2012
url	http://hdl.handle.net/10986/5265
_version_	1764394496466878464

Towards a Performance Measurement Framework for Community Development Finance Institutions in the UK

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