Legitimacy spillovers and hybrid rhetoric in crowdfunded microloans

IF 7.1 2区 管理学 Q1 Business, Management and Accounting International Small Business Journal-Researching Entrepreneurship Pub Date : 2024-03-01 DOI:10.1177/02662426241234563
James Bort, Todd W Moss, Maija Renko
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Abstract

Microfinance institutions (MFIs) operate in diverse institutional contexts and serve as the backbone for microenterprises typically excluded from traditional financial markets. At the same time, MFIs and the microenterprises they support solve tangible social problems, such as alleviating hunger, lifting people out of poverty and creating more sustainable communities. When appealing for resources, MFIs work with microenterprises to create rhetoric that communicates both the financial needs and the social good that supporting them can do. Building on previous research concerning the hybrid rhetoric of microenterprises and the literature rooted in organisational legitimacy, we take a multi-level approach and assess whether country stability and MFI financial performance influence the hybrid rhetoric of microenterprises.
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众筹小额贷款中的合法性溢出效应和混合修辞
小额信贷机构(MFIs)在不同的机构背景下运作,是通常被排除在传统金融市场之外的微型企业的支柱。与此同时,小额金融机构及其支持的微型企业解决了切实的社会问题,如减轻饥饿、帮助人们摆脱贫困和创建更可持续的社区。在呼吁提供资源时,小额金融机构与微型企业合作,创造出既能表达金融需求,又能表达支持微型企业所能带来的社会效益的修辞。在以往有关微型企业混合修辞的研究和以组织合法性为基础的文献基础上,我们采用多层次方法,评估国家稳定性和微型金融机构的财务表现是否会影响微型企业的混合修辞。
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来源期刊
CiteScore
10.80
自引率
8.50%
发文量
49
期刊介绍: The International Small Business Journal (ISBJ) is a leading peer-reviewed journal renowned for publishing high-quality original research papers on small business and entrepreneurship. It prioritizes research-based studies that contribute to theory development, critical understanding, and policy formulation related to small firms. ISBJ papers encompass theoretical, methodological, and empirical studies from various disciplines and perspectives, aiming for research excellence in the field. The journal provides a critical forum for world-class contributions analyzing entrepreneurship and entrepreneurial behavior. This refereed journal is valuable to academics, policymakers, analysts, government and business officials, small business representative bodies, and support agencies seeking to gain insights into the sector, trade, business institutions, and related matters.
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