Abstract The purpose of this study is to identify the whether there exists a Granger-causing relationship between exchange rate and stock prices. Using the Granger-Causality model as a framework, we employed daily data observations of the Ghana Stock Exchange Composite Index (GSE-CI) and the USD-Cedi exchange rate values across the period 2010 -2018. The data used in the study were obtained from the Bank of Ghana and the Ghana Stock Exchange. Following a Granger-causality test on for causalit...
ABSTRACT Sub-Saharan African(SSA) countries, havehistoricallyrecorded low levels of savings. These countries have also experiencedthe lowesteconomic growth rates around the world. Economists such as Solowidentified a strong positive link between savings and economic growth:Countries that save more grow fastest. Ghana, like other SSA countries isfaced with this problem: levels of savings in Ghana are low with a bulk of savers being educated and from the formal sector of the economy. However th...
ABSTRACT Property management is a concept that deals with the daily management of a real property to add value to it throughout its lifespan. Real property, including buildings, roads, and land, need to be appropriately managed to ensure the developers obtain maximum returns on investment. Roads are a public real property which not only serve as a means of transportation but also serves as a major tool for the development of an economy. This real property will thus need to be managed properly...
ABSTRACT The aim of the study was to investigate the benefits of medical group practice to the private healthcare sector in Ghana. The 51 respondents of the study consisted of doctors, hospital administrators, and the Director of Private Hospital and Maternity Homes Board. The research instruments used was the semi-structured interview guide consisting of open-ended and closeended questions. The non-probability sampling technique was applied to select 10 private hospitals in Accra: 40 doctors...
Executive Summary Pro-Life Multimedia is a youth development NGO located at Awoshie, a suburb of Accra, the capital city of Ghana. The organization was established in 2009 and they organize many social programs to aid the development of the youth at Awoshie. This project was carried out with the main aim of identifying and resolving some key human resources management and operational challenges Pro-Life is facing. A needs assessment was conducted within the premises of Pro-Life, and the most ...
ABSTRACT Poor customer service has had diverse forms of impact on businesses all around the world and eateries are no exception. Statements such as “Their food tastes good but there are just too many flies around” and “The food tastes really good but they always get my order wrong” are a few of several opinions that customers of Ashesi eateries have shared concerning their customer service experiences. Research has also proven that customer service plays a significant role in the choi...
Abstract The use of cannabis is prevalent among students in Ghana. According to Today News (2014), statistics from the Narcotic Control Board reveal that out of a total number of 50,000 drug users, 35,000 are students from junior, secondary and tertiary institutions. However, there also exist a good number of students who are not users of cannabis. This research sought to identify factors that deter students, who are non-cannabis users, from using the drug and to rank the factors. These objec...
Abstract The study sought to investigate whether the peer bullying culture in an all-male senior high school in Cape Coast is related to business leadership and job performance of these students post high school. Specifically, the study explored the various ways in which the bullying-like behaviors in Adisadel College influenced the likelihood of students to transform into successful business leaders after completing high school. The main question adopted for the study was: are there any rela...
ABSTRACT Ghana is a destination for mining gold, one of the precious metals in the world. This has attracted both legal and illegal prospectors to Ghana from far and near. In an attempt to regulate mining activities, the government issues licenses to determine who mines what, where and how. The gold industry is divided into two: large-scale and small-scale mining. Small-scale mining is reserved for Ghanaian citizens only. This way, the Environmental Protection Agency (EPA) and the Minerals Co...
Abstract The Ghana Stock Exchange has received a lot of attention in recent years. Some research done concerning the GSE conclude that the market is inefficient. Behavioural Finance has been used to explain the aggregate stock market, highlighting irrational decision making. Directly related to the field of Behavioural Finance, this research presents a study into how individual investors react to news on the GSE and the reasons why they react in the ways they do. A descriptive study was done,...
Abstract This study investigated the ease of access to capital by Small and Medium Enterprises’ (SMEs) in the Ghanaian economy as the Ghanaian media have highlighted that Ghanaian SMEs suffer to find financing to survive and grow. The study explored the Crowdinvestment concept as a solution to the financing problem faced by businesses in Ghana. The study was exploratory in nature and employed both primary and secondary data to draw its conclusions. Random sampling and purposive sampling met...
1 Introduction and Background Intensive economic growth in Ghana can be dated from the 1890s. (Reynolds, 1985) The history of Ghana’s economic policies dates back to about 1910 when we were under colonial rule. The economy then, which was not independent, was run by extractions’ policies that supported the export of the bulk of our raw materials. After Ghana attained independence in 1957, Nkrumah sought to create a self-sufficient country through polices that would move Ghana from being j...
Executive Summary Ashesi University College (AUC) is a Ghanaian private tertiary institution which began academic operations in 2002. In 2011, AUC moved to its own permanent campus in Berekuso from its rented premises in Accra. Over the course of AUC’s two year stay in its new campus, there have been frequent reports of user dissatisfaction with some facilities located within the academic and hostel (residence hall) settings. Inquiries into the activities of the Operations department reveal...
Executive Summary Managing human resources and organizational structures in every organization is vital in increasing productivity and overall performance. This project was undertaken to aid Atala Limited in managing its administrative tasks as well managing prospective recruits. After a needs assessment conducted via interviews, observation and focus group discussions, and an organizational SWOT analysis, 3 major needs, in order of importance to the organization, were found: Organizational S...
ABSTRACT It is conventional knowledge that changes in macroeconomic risk factors have significant impact on the capital markets (Bali, Brown & Caglayan, 2014). Mutual funds primarily invest in the capital markets (Fairley, 1999); hence it is expected that these systematic factors will have a bearing on their prices. The nexus between macroeconomic factors and mutual funds have been explored extensively for developed markets (Marfo, 2017; Ansong, 2013), however, the evidence is weak for fronti...