Finance Research Papers/Topics

Working Capital Management Practices Of Small And Medium Scale Enterprises In The Agona West Municipal Assembly Of The Central Region Of Ghana

ABSTRACT The study was to examine working capital management among small and medium scale enterprises (SMEs) in the Agona West Municipal Assembly in the Central Region. The study employed a survey research design of which the targeted population was the SME operators in the Agona West Municipal Assembly. The study sampled 155 respondents using simple random sampling technique. Questionnaire was the main data collection instrument. Furthermore, the data were processed using SPSS version 21.0....

The Effect Of Banking Crises On Employees In Ghana: The Case Of Consolidated Bank Ghana

ABSTRACT Banking crises are usually followed by low credit, GDP growth and high job insecurity. This is because crises tend to take place during economic and social downturns. The banking crisis affected not only different institutions and companies, but also the economic and financial livelihood of people, especially banking sector workers. Ghana is far from getting out of this crisis, and its impact may be measured by different indicators. This paper seeks to investigate the impact of banki...

Effects Of Working Capital Management Policies On Shareholders’ Value: Evidence From Listed Manufacturing Firms In Ghana

ABSTRACT Although working capital management decisions concern short-term assets and liabilities, they have both short-term and long-term implications on the profitability and shareholder value. The study sought to examine the effects of working capital management policies on shareholder value creation for six manufacturing firms listed at Ghana Stock Exchange for a period of 2000-2013. Data were gathered from the annual reports of the firms and the publication of Ghana Stock Exchange. Descr...

The Macro Economy and Performance of Ghana Stock Market

ABSTRACT The study examines the impact of macroeconomic variables (inflation, exchange rate, and interest rate) on stock market performance in Ghana using quarterly data ranging from 2008 to 2018. Using time-series techniques of co-integration and vector error correction estimation, the study examines both the short-run and long-run associations between macroeconomic variables and stock market performance. The study uses the GSE all-share index as a dependent variable to measure stock market...

Explaining Bank Liquidity in Ghana

ABSTRACT Holding adequate liquidity is very crucial for the survival of banks. Nevertheless, reserving liquidity in excess hinders the development of interbank markets and suggests that banks are forgoing financial intermediation (hence, returns) and are inefficient. It is against this background that this study sought to find explanations on why bank liquidity in Ghana has for about a decade now remained above global average levels. In attaining this objective, I argued that a more complete...

EFFECTS OF EXTERNAL DEBT ON ECONOMIC GROWTH IN GHANA

ABSTRACT This study revisits the relationship between external debt and economic growth in Ghana. Using annual data for the period 1986 to 2015, and applying Autoregressive Distributed Lag (ARDL) model and in line with the empirical literature, the study found a statistically significant positive relationship between external debt and economic growth in both the long run and short run for Ghana. The study also revealed that there was adjustment to equilibrium from the short-run. Besides, cons...

STOCK MARKET PERFORMANCE AND ECONOMIC GROWTH IN GHANA

ABSTRACT This study investigated the relationship between stock market performance and economic growth in Ghana for the period 1991–2014, using quarterly secondary data. The objective was to empirically analyse the relationship between stock market performance and economic growth using Auto regressive Distributed Lag (ARDL) approach.The study found acointegrating relationship between economic growth and its determinants. The regression results show that stock market performance is a very ...

CORPORATE GOVERNANCE AND PERFORMANCE OF MUTUAL FUNDS IN GHANA

ABSTRACT This study examined the relationship between corporate governance and performance of mutual funds in Ghana during the 2008 to 2013 period. Using panel regression model, the study found no significant relationship between board size, board composition as well as fund size. However, a significant positive relationship has been found between frequency of corporate board meetings and corporate performance, implying that boards that meet more frequently tend to generate higher financial p...

THE CONTRIBUTION OF CREDIT UNION OPERATIONS TO ITS MEMBERS’ DEVELOPMENT: A SURVEY FROM NKORANZA AREA TEACHERS CREDIT UNION

ABSTRACT The role of Credit unions in Ghana cannot be overemphasized. This motivated the researcher to investigate and establish the impact of credit union operations on its members’ development. To achieve this, quantitative approach through the use of explanatory design was adopted. Questionnaires with reliability alpha coefficient of .806 were used to collect responses from selected respondents. The data were analysed with the help of the Statistical Package for Social Sciences (SPSS ver...

AN EVALUATION OF THE EFFECTIVENESS OF THE DISBURSEMENT AND UTILIZATION OF THE DISTRICT ASSEMBLY COMMON FUND (DACF) IN THE GOMOA EAST DISTRICT

ABSTRACT The study seeks to evaluate the effectiveness of the disbursement and utilization of the District Assembly Common Fund (DACF) in the Gomoa East District Assembly. A sample size of 273 was used for the study. The study employed both primary and secondary data. The study revealed the following as its major findings: That the administrator of the DACF is primarily responsible for the effective monitoring of the disbursement and utilization of the DACF through its demand of DACF budgets ...

THE EFFECT OF CAPITAL STRUCTURE ON THE PROFITABILITY OF OIL MARKETING COMPANIES (OMCS) IN GHANA

ABSTRACT The central objective of this study is to assess the effect of capital structure on performance of OMCs in Ghana. The data sample consists of six oil marketing companies that have been in continuous existence from 2010-2015. The study employed panel regression models to examine the relationship between capital structure and performance of OMCs in Ghana. The results of this study show that the analysis of leverage and firm performance relationship produces mixed outturns. The leverage...

Discovery of Oil in African Countries: Blessing or Curse to the Indigenous Citizens?

ABSTRACT For a nation to grow faster, it must direct its oil revenue on pro-poor investment. It must be noted also that, reforms in the health and educational sectors are cornerstones of a nation. This means that investment in health and education is so important that a country should dedicate its natural resource revenue towards these sectors. The emphasis on investment in health and education cannot be taken for granted. As a result, this study empirically examines the influence of natural ...

ASSESSING THE IMPACT OF REVENUE ON THE DEVELOPMENT OF PUBLIC SECTOR IN GHANA: A CASE STUDY OF ACCRA METROPOLITAN ASSEMBLY (AMA)

ABSTRACT The study is on the topic assessing the Impact of revenue on development in the Accra Metropolitan Assembly. The research aims at discovering other sources of revenue that are available to the Assembly, assess the strategies that is being used for revenue collection and the accounting standard being used. Lastly, the research considered the impact of the internally generated fund. The test was made up of Assembly members, Revenue collectors, Core management Staff, District Planning C...

DETERMINANTS OF CHINESE FDI IN SUB-SAHARAN AFRICA

ABSTRACT Motivation – Globally, emerging economies are liberalizing their foreign direct investment regimes and adapting to best practices to attract investment. Purpose – The purpose of this study was to identify the motives behind increased Chinese decision to make foreign direct investment in Ghana. Methodology – The data used in this study was mainly from secondary sources consisting of yearly observations from 1993 to 2017 for the independent variables, and from 1994 to 2018 for th...

CENTRAL BANK INDEPENDENCE, FINANCIAL SYSTEMS, POLITICAL INSTITUTIONS AND ELECTIONS IN AFRICA

ABSTRACT This thesis is related to literature on (i) macroeconomic commitment institutions, i.e. institutions pledging policymakers to pre-established rules and procedures in monetary and fiscal policymaking, in order to overcome the issue of time-inconsistency (ii) institutional economics (iii) the interplay between the effectiveness of commitment and constraints and the institutional framework with focus on Africa where macroeconomic commitment institutions and (iv) political business cycle...


301 - 315 Of 401 Results