ABSTRACT The importance of financial inclusion especially in the developing world cannot be overemphasized. Several researches have pointed to the positive impact of financial inclusion on poverty reduction and financial integration. Provision of suitable financial services by traditional banks is hampered by poor road infrastructure, high cost of fees, amongst others. Financial exclusion mostly plagues the poor and vulnerable including women and households in rural and semi-rural areas. Wit...
ABSTRACT Sub-Saharan Africa (SSA) has attracted substantial amounts of Official Development Assistance (ODA) over the years. General ODA flows to the continent currently stands at around $80 billion per annum and the figure is projected to be well above $125 billion due to the Sustainable Development Goals. Over the last five decades, SSA has received about $1 trillion in foreign aid for sector-specific (agriculture, health, etc.) development. Even though the impact of aid on economic growth ...
ABSTRACT This study investigates the antecedents and consequences of board interlocks on the Ghana Stock Exchange. The study looks at how factors such as the auditor network, industry network, foreign or local ownership network, gender effect, age effect, gender homophile and age homophile could influence the formation of interlocks between firms. The study also examined the relation between interlocks and Return on Assets, Return on Equity and Profitability among the firms. Data for the stud...
Abstract:The main goal of this paper is to examine the relationship between crude oil and oil product prices. Many observers have attributed to part of spike in oil products price is because of lack of competition and demand and supply which prompts sellers to increase prices hence increased profit margins. However, according to Bacon (1991), noted the relationship between crude oil and oil product prices appear to be asymmetrical, “rockets and feathers” pattern whereby when price of crud...
AbstractDue to the disruptions in global market the financial markets of India also reacted and experienced uncertainties which started in March 2020. This had a significant impact on the first quarter of the Financial Year 2020-21. It was predicted that India would perform severely in April-June and July-September quarter as result of decrease in manufacturing and service sector activities. However, what followed was entirely ironical as Indian & global stock markets witnessed a rise. Th...
CHAPTER ONEINTRODUCTION1.1 Background to the StudyThe small scale businesses have a very important and effective role in developed countries generally and in developing countries especially because it is considered the backbone of their economies. Rajan (2013) states that the definition of small scale businesses may vary from county – to – country, year – to – year, from period to period and from time to time according to the level of economic...
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CHAPTER ONEINTRODUCTION1.1 Background to the Study Historically, all societies usually establish hierarchies, among their members, social-stratification is universal. Human beings have invented numerous ways to classify people by wealth, power, prestige, ability, education, occupation: even through where they live. According to person, Stephanie and Deborah (2001),...
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PROPOSAL Co-operative financing agency are not different from other type of business with respect to efficient management of their funds they are required to used fund very carefully and Judiciously because their source of funds tend to be limited. The peculiar limitation imposed by co-operative principle make it very difficult for co-operative to obtain sufficient funds from outside e.g. the interest payment must not exceed percentage. As...
INTRODUCTION Co-operative financing agencies are not different from other types of business with respect to efficient management of their funds they are required it’s used fund very carefully and judiciously because their source of funds tends to be limited. The peculiar limitation imposed by cooperative principles make it very difficult for cooperative to obtain sufficient fund from outsi...
TABLE OF CONTENTCHAPTER ONE1.0 Introduction1.1 Background of the study1.2 Statement of the problem1.3 Objectives of the study1.4 Hypothesis of the study1.5 &...
ABSTRACTThis project studied the management of bad and doubtful debts by Nigeria commercial banks. It noted problems associated with the wide spread development of bad account by banks as being occasioned by so many changes that are unfolding as a result of the deregulation of the Nigerian Financial System. It viewed the incidences of bad debts as one of the greatest problems facing both old and new generations of banks today with adverse consequences on their profitability level. ...
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