Papers in Refereed Journals


  • 2020 Hideto Dato, M. , Hudon, M., and R. Mersland, Board Governance: Does Ownership Matter?, Annals of Public & Cooperative Economics, 91(1), 5-28.
  • 2019 Bui, S., Costa, I., De Schutter, O., Dedeurwaerdere, T., Hudon, M. and M. Feyereisen,Systemic ethics and inclusive governance: two key prerequisites for sustainability transitions of agri-food systems, Agriculture and Human Values, 36(2), 277-288.
  • 2018 Hudon, M., M. Labie and P. Reichert (Forthcoming), “What is a fair level of profit for social enterprise? Insights from microfinance”, Journal of Business Ethics.
  • 2017 D'Espallier B., J. Goedecke, M. Hudon and R. Mersland, "From NGOs to banks: Does institutional transformation alter the business model of microfinance institutions?", World Development, 89, 19-33.
  • 2016 Hudon M. and C. Meyer,  "A Case Study of Microfinance and Community Development Banks in Brazil: Private or Common Goods?", Nonprofit and Voluntary Sector Quarterly, 45(4), 116-133. 
  • 2016 Wulleman M. and M. Hudon, "Models of social entrepreneurship: empirical evidence from Mexico", Journal of Social Entrepreneurship, 7(2), pp. 162-188.
  • 2016 Lebovics M., N. Hermes and M. Hudon, "Are Financial and Social Efficiency Mutually Exclusive? A Case Study of Vietnamese Microfinance Institutions", Annals of Public & Cooperative Economics, 87, 1, pp. 55–77. 
  • 2016 Cozarenco A., Hudon, M. and A. Szafarz, "What Type of Microfinance Institutions Supply Savings Products?", Economics Letters, 140, pp. 57–59.
  • 2014 Hudon M. and A. Périlleux, "What Explains Microfinance Distribution Surplus? A Stakeholder-oriented Approach", Quarterly Review of Economics and Finance, 54(2), 47-157.


Chapters in books

  • 2011 Hudon M., "Ethics in Microfinance" in Armendariz B. and M. Labie (Eds.), The Handbook of Microfinance, Singapore: World Scientific Publishing, pp. 123-138.
  • 2011 Hudon M. and B. Balkenhol, "Efficiency" in Armendariz B. and M. Labie (Eds.), The Handbook of Microfinance, Singapore: World Scientific Publishing, pp. 383-396.
  • 2009 Hudon M., "Ethical Challenges in the Inclusion of the Poor in the Financial Sector" in Eisendrath E. and J.-P. van Bendegem (Eds.), It Takes Two to Do Science: The Puzzling Interactions Between Science and Society, Brussels: VUB Press, pp. 71-96.
  • 2009 Hudon M., M. Labie, and A. Périlleux, "Microfinance pour l'agriculture des pays du Sud: Etats des lieux et tendances actuelles - introduction" in Morvant-Roux S. (Eds.), Rapport Exclusions et liens financiers 2008-2009, Paris: Economica, pp. 25-33.
  • 2005 Attali J. and M. Hudon, "Microfinance and IT, an Important Partnership" in Weiler R. and A. Waheed Khan (Eds.), ICT for Capacity-Building: Critical Success Factors, Paris: UNESCO & Club of Rome, pp. 63-69.

Book Reviews


  • 2013 Guest Editor of a special issue in Oxford Development Studies on microfinance and development studies (08/2013)
  • 2011 Guest Editor of a special issue in Management & Avenir on microfinance (11/2011)
  • 2007 Guest Editor of a special issue in Ethics and Economics on Ethics in Microfinance (09/2007)
  • 2004 Guest Editor of a special issue in Belgian Banking Review on Microfinance (09/2004)

Working Papers


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