ABSTRACT Ten years after the launch of the first mobile money solution in Ghana, the service can be said to be a game-changer in the country’s financial services industry. The research aimed at assessing the contribution of mobile money towards the promotion of financial inclusion within the AwutuBreku area. The study was descriptive research and the population made up of the users of mobile money. The study used a simple random sampling technique to sample three hundred and twenty-four (3...
ABSTRACT The study explored Capital Structure and The Financial Performance of Listed Manufacturing Companies on the Ghana Stock Exchange using panel data analysis. The study employed descriptive research design and quantitative approach. The study revealed that short term debt (STDA) has a positive and statistically significant relationship with ROE at 1% significance level. This means that firms with high profitability (ROE) uses more of short-term debt (STDA) as a source of financing. Ther...
ABSTRACT Despite the vast and growing empirical literature focusing on the association between innovation, financial access and firm performance, the combined impact of these factors in one study is dearth even though this relationship seems to be important, especially for developing countries. In this research, a conceptual model is developed applying the Resource-Based-View (RBV) theory of the firm to carry out an in-depth analysis of whether firm performance is affected by financial access...
ABSTRACT The majority of women enterprises are in the informal sector and they earn low incomes. Research has shown that microfinance is a development tool that can be used to empower women. However, there have been several discussions on whether microfinance serves the poor; since about 70% of the world poor are women. The study seeks to assess the role microfinance plays in the social and economic empowerment of women in Ghana. Probability and non-probability sampling techniques were used ...
ABSTRACT The Ghanaian economy has for some time witnessed a seemingly unstable exchange rate. The strength of the cedi against the dollar has been fluctuating for the past decades. Analysts established that the instability in the exchange rate stems from the massive importation of goods and services which could be produced in the country. The worsening and unstable strength of the cedi against major currencies like the US dollar has contributed immensely to the rise in the cost of goods and...
ABSTRACT This study was primarily to ascertain the relationship and by extension the effect that the depreciation of the Ghana Cedi has on the inflow of foreign direct investments (FDI) into Ghana. The study employs secondary data from the Central Bank of Ghana database, World Development Indicators, National Statistical Service and the Ministry of Energy over a seventeen-year period from 2002 to 2016. The correlation analysis established that; currency Depreciation has an inverse relation w...
ABSTRACT The energy sector has experienced tremendous growth in the past year in line with rapid population growth in the country. The increase in demand sometimes leads to the inability of the State Owned Enterprises (SOEs) to meet the user's needs and therefore increases its operational cost. They, therefore, borrow from both internal and external sources to finance its operations. Unfortunately, there are less empirical studies that show the impact of energy sector debts on the balance she...
ABSTRACT The purpose of the study was to examine the effectiveness of fraud risk management practices in the banking sector of Ghana. The structured questionnaire was used as the main research instrument. Items in the questionnaire were measured on a five-point ranking scale. Both local and foreign universal banks in Ghana, were included study. A total of 100 employees, 50 from the local banks, and another 50 from the foreign banks, were sampled through purposive and convenient sampling techn...
ABSTRACT Savings play an important role in the economic development of any country and as such, the primary objective of all government’s policy is geared towards promoting savings and capital formation in the economy. Household savings provide or serve as backup in case(s) of international capital flow shocks. As such, the main aim of the study was to assess the factors that determine savings as well as the demographic factors that influence savings within the Ga Central Municipality. A de...
ABSTRACT Concerns about currency fluctuations are becoming increasingly prominent in both advanced and emerging countries, including Ghana because they affect imports and exports directly. The main aim of the study is to assess the impact of the Central Bank intervention on Exchange rates in Ghana, using Société Générale Ghana as a case study. This study used secondary data mainly drawn from the Bank of Ghana Data base. The study covers a time period of 4 years (2014-2018) which captures ...
ABSTRACT This study sought to bring to the fore, the effect of mergers and acquisitions on banks financial performance in the Ghanaian banking industry via a case study of FBN Bank Ghana Limited and International Commercial Bank. The study identified the effects of mergers and acquisitions on the financial performance of FBN Bank Ghana Limited post-acquisition of International Commercial Bank. Furthermore, it identified areas in which FBN Bank Ghana Limited underperformed and needed improvem...
ABSTRACT The significant role technology plays in boosting societies’ development cannot be overlooked. Mobile phone has been recognized as an important technology that has an impact on the lives of its users and the country at large. Mobile money service is one of the innovative products available to users of mobile phones. Accordingly, students find joy in using mobile phones due to its usefulness when it comes to retrieving information, and recently, the usage of mobile money. Against ...
ABSTRACT Agriculture is deemed as a pivot around which economies revolve. The contribution of the agriculture sector to economies cannot be overemphasized. In Ghana, for instance, the agriculture sector has consistently been one of the major contributors of GDP of the country. On the contrary, the standard of living of farmers is deplorable. In the quest of the government of Ghana to eradicate the level of poverty among farmers and improve upon their standard of living, many policies have be...
ABSTRACT The study investigated accessing the effectiveness of livelihood empowerment against poverty to the reduction of child labour in the Ningo-Prampram District in the Greater Accra Region of Ghana. Using a written questionnaire and an open-ended interview guide, the researcher surveyed a sample population of 120 respondents and investigated the effectiveness of livelihood empowerment against poverty to the reduction of child labour in Ningo-Prampram District. The study employed the mixe...
ABSTRACT NGOs have recently faced issues with financial sustainability due to dwindling funding from donors. The study analyses the extent to which financial performance impact on the financial sustainability of NGOs. The research questions are to what extent financial performance impact financial sustainability and what role overhead cost plays in ensuring sustainability. The objectives are to identify the composition and trend of funding in Christian Aid, compute and analyse non-profit fina...