Finance Research Papers/Topics

The Effect of Omnibank’s SME Clinic On Business Management Capacity and knowledge: the case of the Accra Metropolis

ABSTRACT The purpose of this research was to determine the extent to which OmniBank’s SME Clinic has had a positive effect on the business management capacity and knowledge of owners/managers of SMEs in Ghana, with focus on the Accra Metropolis. This was done primarily through: determining the strengths and weaknesses of OmniBank’s SME Clinic and investigating the effect of OmniBank’s SME Clinic on the business management capacity and knowledge of owners/managers of SMEs. Looking at the...

Climate Change And Inclusive Growth In Africa: The Role Of Adaptive Capacity

ABSTRACT This paper examines the climate change effect on inclusive growth and the possible moderating role of adaptive capacity in climate change/inclusive growth in the long and short-run. The study employs temperature change anomalies (with 1951-1980 as the baseline climatological year) and CO2 emissions (metric ton per capita) as variables for climate change and a set of variables as indicators to measure inclusive growth. These set of indicators are adopted from the Asian Development Ban...

Financial Inclusion Of Poverty Alleviation in Ghana; Assessing The Impact Of Mobile Money And Banking.

ABSTRACT  This study examined the impact of mobile money and banking services on poverty alleviation in Ghana. In recent years, mobile money and banking services are argued to increase financial inclusion, especially in developing economies. The penetration of these services is therefore also theorized to reduce poverty significantly. However, despite the increasing penetration of banking and mobile money services in Ghana, there are limited studies assessing how the two impact on poverty a...

Determinant Of Loan Portfolio At Risk In Microfinance Institutions: Evidence From Sub Saharan Africa

ABSTRACT The aim of microfinance is to alleviate poverty through the delivery of financial support services such as microcredit facilities particularly to the poor entrepreneurs and micro enterprises. Extending microcredit is one of the core businesses of microfinance institutions. However not all the microcredit granted to the poor entrepreneurs perform well in addition of generating the expected returns. This adverse effect has a significant influence on the loan portfolio at risk. In refer...

Corporate Governance And Share Holders Value

ABSTRACT The relationship between corporate governance and firms‟ performance is not a new phenomenon. Many researches were previously carried out with divergent findings. The performance measures used in those researches were the traditional accounting based performance measures which have been heavily criticized due to the fact that they fail to account for the cost of equity and debt which determines a firm‟s true value. This study adopted the value based performance measures, Economic...

BANK FAILURE IN GHANA: WHAT ACCOUNTED FOR THE COLLAPSE OF UNIBANK?

ABSTRACT The continued and sustained growth of any economy is dependent on a strong and robust financial sector. The Bank of Ghana in a bid to reform and ensure stability of the sector, withdrew the licenses of nine banks in Ghana, one of which was uniBank Ghana Limited. This study aims at finding the reasons why uniBank failed from the perspective of former staff. The study gathered qualitative data through interviews and quantitative data from annual reports of the bank. The study found ove...

Effect Of Petroleum Price On Stock Market Returns In Ghana Effect Of Petroleum Price On Stock Market Returns In Ghana

ABSTRACT This study investigated the effect of petroleum price on stock market returns in Ghana by using monthly data from 1990 to 2017. The study also examined the causality among macroeconomic variables as well as the moderating effect of financial crises and Ghana’s lower middle income status on stock market returns. The study adopted the Autoregressive Distributed Lag (ARDL) model and the Linear Regression Model to achieve the objectives of the study. The findings were that there is bot...

Challenges And Prospects Of Group Lending In Microfinance Service Delivery: Evidence From Women Groups With The Bonzali Rural Bank In Tamale

ABSTRACT Globally, microcredit has risen to prominence at a rapid speed after its large-scale success in the 1970s in Bangladesh with Grameen Bank. Its central idea is that traditional banks find the poor too costly to serve due to their lack of steady income and collateral. To address the issue of a lack of collateral to secure loans, some rural banks and microfinance companies have taken to group guarantees as a form of social collateral to provide loans. This study delves into the group le...

Financial Literacy, Financial Behaviour And Savings Behaviour Among Owner-Managers Of Small And Medium-Scale Enterprises In Awutu Senya East District

ABSTRACT Financial literacy and behaviour have attracted increasing attention in both the developed and developing world due to its role in financial decision and their influence on savings habits of Small and Medium Enterprises (SMEs) owners. This study examined the influence of financial literacy, financial behaviour on savings habits of SMEs owners in the Awutu Senya District of Ghana. The study used across-section data set within a descriptive research design. The study employed quantitat...

Effect Of Working Capital Management On The Financial Performance Of Pharmaceutical Companies In Ghana

ABSTRACT Working capital management plays a vital role in improving the financial performance of companies. The purpose of the study is to analyze the effects of working capital management on the financial performance of pharmaceutical companies in Ghana. For this reason Pearson correlation and regression were used to analyze the secondary data in the form of annual financial report were obtained from the pharmaceutical companies for a period of eleven years (2005-2015). The study measured fi...

The Relationship Between Determinants Of Working Capital Management And Financial Distress Levels Of The Listed Manufacturing Companies In Ghana

ABSTRACT This study investigates the relationship between Working Capital Management (WCM) determinants and financial distress level of the listed manufacturing companies in Ghana. This research used evidence from financial report of ten manufacturing organizations selected from the main board of the Ghana Stock exchange. Quantitative research approach involving panel least square estimates with white cross section were used for analysis. Descriptive statistical analysis including regression ...

Assessment Of The Effects Of Microfinance On Rural Communities In Agona District In The Central Region Of Ghana

ABSTRACT This study assesses the impact of Microfinance on Rural communities in Agona District in the Central Region of Ghana. The specific objectives of the study were to assess customers’ level of awareness of microfinance programmes in place, the effect of microfinance on poverty reduction, challenges faced by residents in acquiring loans from MFIs, constraints associated with the operation of MFIs and strategies to improve the services of MFIs. A survey was conducted and one hundred (10...

Effect Of Exchange Rate Volatility On Balance Of Payment: Evidence From Ghana

ABSTRACT The need for the government to maintain macroeconomic stability is becoming increasingly crucial in the era of slow economic growth, growing unemployment and high debt. However, the trend of Balance of Payment over the years reveals an unstable pattern. One key factor that has been overlooked in terms of the determinants of Balance of Payment is exchange rate volatility. Coming from the background of volatility/instability in the Ghana’s exchange rate, could it be the reason for th...

Cocoa Farming Business, Financial Literacy And Social Welfare Of Farmers In Brong-Ahafo Region Of Ghana

ABSTRACT Government of Ghana has put in place many measures to improve the wellbeing of cocoa farmers in the country through increase in the income they receive from cocoa produce. Despite this, cocoa farmers in Ghana do not earn the quality premium received by Ghana cocoa on the international market. This study examined the influence of cocoa farming business and financial literacy on the social welfare of cocoa farmers in the Brong-Ahafo Region of Ghana. The study employed both qualitative ...

Remittances, Bank-Based Financial Development And Economic Growth: Empirical Evidence From Ghana

ABSTRACT  The study investigates the potential non-linear and asymmetric impact of remittances and bank-based financial development on economic growth and also the potential mediating role of bank-based financial development in the remittance-growth nexus. The study used the newly developed Non-linear Autoregressive Distributed Lag (NARDL) model by Shin et al. (2014) on annual data for Ghana from 1979 to 2017 for the analysis. The study finds that remittances have a non-linear and asymmetric...


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