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Sustainable Microfinance - Balanced Scorecard's added value for ...

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Question 1 Will the measures yield the same results on other occasions?<br />

Question 2 Will similar observations be reached by other observers?<br />

Question 3 Is there transparency in how sense was made from the raw data?<br />

Table 4.3: Reliability Check (Saunders et al., 2009)<br />

!<br />

On the other hand validity is ‘concerned with whether the findings are really about<br />

what they appear to be about’ (Saunders et al., 2009, p. 157). In other words a term<br />

describing a measure that accurately reflects the concept it is intended to measure<br />

(Babbie, 2004, p. 144). For an inductive research it is important to interview the key<br />

employees in different institutes. These individuals are those doing research or<br />

receive results on per<strong>for</strong>mance. Validity is taken into account because qualitative<br />

research indicators are measured in the same way, and inspired by questions of that<br />

are based on the emerging theory of the subjects discussed. Furthermore the<br />

questions are reviewed, validated and pilot-tested. Concluding, Patton (2002) states<br />

that ‘with regards to the researcher’s ability and skill in any qualitative research also<br />

states that reliability is a consequence of validity in a study’ (Golafshani, 2003, p.<br />

601). If the issues of reliability, validity, trustworthiness, quality and rigor are meant<br />

differentiating a 'good' from 'bad' research then testing and increasing the reliability,<br />

validity, trustworthiness, quality and rigor will be important to the research in any<br />

paradigm.<br />

Elmar Hoogendoorn 55<br />

<strong>Sustainable</strong> <strong>Microfinance</strong>

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