ABSTRACT The study explored the effect of Microfinance on the growth of female-owned businesses by focusing on how the financial and non-financial services offered by Microfinance Institutions (MFIs) affect the increase in assets, employees and revenues. It also explored factors that undermine the effect of these services on the growth of female-owned businesses. The research is a qualitative and uses purposive sampling technique. The findings of the research were based on the responses of th...
ABSTRACT This study is to find out the challenges faced by female entrepreneurs within Accra, Ghana. Females have been identified as individuals that encounter more obstacles in starting and growing their businesses as compared to their male counterparts especially within informal small and medium scale enterprises (SMEs) where they are pre-dominantly employed. Thus, female entrepreneurs in Danquah Circle were participants of the study in that women who owned and managed businesses in the sal...
Abstract Ghana Alternative Exchange (GAX) is an equity finance program established to help SMEs and start-up businesses with the potential of growing to raise capital at a lower cost from the public. The managing director of the Ghana Stock Exchange in an interview with XYZ Business said that he expected the first and second companies that have shown interest in the GAX to list by the end of the first quarter of 2014. However, there has not been a single listing onto the market eleven months ...
ABSTRACT The aim of this thesis is to investigate whether crowdfunding could replace microfinance as a better funding alternative for SMEs (Small to Medium Scale Enterprises) in Ghana. It also serves as a guide for potential crowdfunding institutions that would be interested in knowing the motivations SMEs have for choosing their financing methods. The key words that were where investigated and guided the entire study were SMEs, Crowdfunding and Microfinance The study then compares financing ...
Abstract Credit risk management is a very essential model for any financial institution, since most of the financial decisions revolve around the corporate cost of holding risk. This management practice is particularly important to banks since credit risk constitutes their core business processes. The banking industry in Ghana though is thriving profitably; the industry suffers the problem of credit risk. Results of the study revealed that credit risk management is a very effective and effici...
Abstract Since the introduction of mobile number portability in Ghana, mobile network operators (MNOs) have been challenged to retain customers as defection rates continue to rise. Currently, MNOs use competitive price strategies which constrain industry profitability and brand sustainability. To determine how MNOs can reduce dependency on competitive price strategies, the study examined: (1) the factors that drive satisfaction, (2) the relationship between satisfaction and loyalty, and (3) t...
Abstract The purpose of this study is to identify the effects that macroeconomic factors have on stock price movement in Ghana, using the Arbitrage Pricing Theory(APT) as a framework. Ordinary Least Square Regression (OLS) was employed for the study since it provides an ideal structure for the APT. The macroeconomic variables considered were inflation rate, treasury bill rate, cocoa price, crude oil prices, gold prices, Balance of Payment account (BOP), Gross Domestic Product(GDP) and exchang...
Abstract Cities in developing nations round the world cannot keep up with the vast quantities of solid waste they produce daily. In Accra, Ghana’s capital, despite the fact that about 100% of the waste collection function has been ceded to private waste contractors, about 30% of the waste produced remains uncollected, ending up in gutters, choking drains and blocking waterways. This poses a health risk to the people of Accra Ironically, waste holds economic, environmental and social value, ...
ABSTRACT Textiles in Ghana are a way of communicating our history. They do not only emphasize our cultural roots but also employs workers in the country. The textile industry is currently losing its market share to importation from other countries and the imitation of textiles. It used to employ about 25000 labor force in 1975 and as at 2005; it only employed 5000 labor force. As such the study investigated into the factors that have caused the decline in market share of local companies. Base...
Abstract This paper examines the theory of the resource curse in relation to Botswana and Nigeria, two countries in Africa abundant in natural resources. After reviewing existing literature relevant to the topic, this paper considers policies and regulations used in the management of natural resources from both countries in an attempt to find out how Botswana has managed to be identified as a country enjoying unmatched growth rates in Africa while Nigeria is barely taking advantage of the res...
ABSTRACT This research paper seeks to determine the relative importance of the factors that influence consumer choice of vehicle fuel retail brands. Using the consumer choice criteria model which groups choice factors into hedonic and utilitarian criteria, this study introduces factors that are influential to brand choice. Hedonic criteria include brand image, brand loyalty, social influence and advertising. Utilitarian criteria on the other hand include price, product, convenience, value add...
ABSTRACT In an era where basic education and equal opportunity are perceived human rights, governments and different stakeholders are continually making adjustments to how education is provided for children with dyslexia. Although this global social justice agenda has translated into the Ghanaian educational system, most of the efforts have been towards accommodating traditional disabilities. Consequently, the instructional accommodations needed by children with dyslexia to help remediate the...
Abstract The concept of quality has been in existence since the concept of Taylorism championed the attainment of quality through inspection (Connor, 1998). A boom of this concept in the nineties brought about the Total Quality Management (TQM) movement, while the creation of the Baldrige award has motivated more firms to adopt the practice of TQM in their operations. TQM requires the involvement of every employee in the organization. It also involves the use of teamwork for continuous improv...
ABSTRACT Road construction typically confers significant benefits on the population the road serves. In spite of these benefits, many roads in rural regions of developing countries such as Ghana are in a deplorable state. The recent rapid growth of urban residential areas in Ghana, however, has necessitated the construction and rehabilitation of the roads linking these areas to major commercial towns in the country. The Kwabenya (Abuom) to Kitase area is a typical example. This study assesses...
ABSTRACT The objective of this study was to explore how anchoring affects the dynamics of investor decision making with regard to mutual funds and how this bias differs amongst genders and level of financial knowledge. The study adds to the body of knowledge on the influences of behavioural biases in the sub-region to make investors aware of their biases in order to minimise the influence of these biases on their investment decisions. An experimental research design was adopted to uncover the...