ABSTRACT The thesis examined the effect of macroeconomic factors on foreign direct investment inflows to Ghana. It specifically examines a few selected macroeconomic variables that have either a direct or indirect relationship with foreign direct investment in Ghana. The principal objective of this study was to empirically analyse the effect of macroeconomic variables on foreign direct investment in Ghana between 1993 to 2013. Secondary data are used in this study. Time series data for the pe...
ABSTRACT The thesis examined the effect of macroeconomic factors on foreign direct investment inflows to Ghana. It specifically examines a few selected macroeconomic variables that have either a direct or indirect relationship with foreign direct investment in Ghana. The principal objective of this study was to empirically analyse the effect of macroeconomic variables on foreign direct investment in Ghana between 1993 to 2013. Secondary data are used in this study. Time series data for the pe...
ABSTRACT The financial development of many Sub-Saharan African countries over the years has not been able to match up with other regions like the Middle East and North Africa, East Asia and Pacific, and Europe and central Asia (IMF, 2016). Trade openness has been argued in several empirical literature as a factor that could spur up the level of financial development, although the high levels of trade openness in Sub-Saharan Africa is not contributing much to the desired levels of financial de...
ABSTRACT Corporate governance generally look at the financial, market and efficiency performance of banks, however this study attempts to focus on bank productivity and corporate governance. The current study identifies the effect of corporate governance on bank productivity change of foreign-owned and domestic banks. The study adopts the nonparametric DEA-based Luenberger productivity indicator by Chamber, Chung and Fare (1996) to estimate bank productivity of twenty nine universal banks in ...
ABSTRACT The study investigated the level of financial literacy and financial behaviour of College of Education students in the Central Region of Ghana. The objectives that supported this study were to assess the financial literacy level of College of Education Students in relation to sex and level of study. The study also examined the relationship between financial literacy and financial behaviour of College of Education Students in the Central Region of Ghana. The study employed descriptiv...
ABSTRACT Sub-Saharan African countries have experienced a decline in its economic growth rate due to delayed and still limited policy adjustments in the region, with a consequent rise in public debt and deteriorating international reserves. External debt and governance have been argued to impact a country’s economic growth. The study assessed the role of country-level governance structures in the relationship between external debt and economic growth using a panel of 38 Sub-Saharan African...
ABSTRACT Studies have established mixed results on the relationship between financial market development and foreign direct investment. However, governance has been identified in literature to influence both financial market development and foreign direct investment, yet no study has considered the interacting of financial market development, governance and foreign direct investment. Thus, this study is of the view that governance could probably influence the relationship between financial m...
ABSTRACT The purpose of this study was to examine the effects of international commodity price shocks on economic growth in Ghana from 1990 to 2016. Time series data were collected on oil price, gold price, cocoa price, capital, labour, inflation, exchange rate and trade openness from the Central Bank of Ghana and the World Development Indicators. The study employed Autoregressive Distributed Lag (ARDL) to examine the relationship between the index of commodity price shock on economic growth ...
ABSTRACT Restructuring in the energy sector of Ghana‟s economy is ongoing and Volta River Authority, a lead actor, is not an exception. The Authority intends to adopt public private partnership (PPP) vehicle to convert all non-power businesses (health, education, hospitality and transportation, local government administration of the Akosombo Township) into stand-alone commercial ventures. It therefore outlined the „BRAISE‟ strategy and tasked the Change Management Team to sensitize all ...
ABSTRACT Previous empirical literature demonstrates conflicting results on the effect of capital structure on firm value. Building on extant literature on the effect of capital structure on firm value, this study was undertaken to examine the effect of capital structure on the firm value of manufacturing companies listed on the Ghana Stock Exchange (GSE). In particular, the study analyzed the effect of Equity and Long Term Debt as components of capital structure on the firm value of listed ma...
Abstract The main aim of the study was to assess the adoption of electronic banking by Rural and Community Banks and its effect on the livelihood of the people of Bogoso. Over the past decade, electronic business has grown as an emerging industry. In recent years, the banking industry has strived on the emergence of the internet and has taken advantage of it to get competitive advantage over its competitors. A descriptive case study design approach was adopted in the methodology in which seve...
ABSTRACT This study examines the impact of corporate governance and national culture on the debt maturity structure of firms in sub-Saharan Africa. A relatively unexplored area world-wide, the dearth of literature on debt maturity structure in Africa necessitates this study. This study sought to understand the impact that the corporate governance systems of sub-Saharan African firms have on corporate debt maturity on the basis of the argument that the debt maturity structure of a firm could a...
ABSTRACT This study seeks to examine the effect of exchange rate movements on export sector performance in Ghana. The focus is on the real sector of the economy thus, Agricultural, Industrial and Services Sectors. A quantitative research design is employed. It uses data from the World Development Indicators (WDI) and the sample period spans1984-2016. The Generalized Autoregressive Conditional Heteroskedastic (GARCH) model is employed in calculating exchange rate volatility. This was after an ...
ABSTRACT Using a nonparametric DEA approach, this study estimates the profit efficiency of 26 banks in Ghana over the period 2000 to 2013. This is compared to the estimates of two profitability ratios, ROA and ROE. The study then examines the influence of capital structure on the estimated profit efficiency and the extent to which the degree of competition measured by the Boone Indicator and the Herfindahl Hirschman Index influences the capital structure-profit efficiency nexus. The e...
ACKNOWLEDGEMENTS I hardly know where to start saying thanks to all those who helped me with this thesis. First of all, my profound and heartfelt gratitude goes to my supervisors, Prof. P.E. Bondzi-Simpson and Mr. Edward Marfo-Yiadom. Their valuable contribution, innovation, talent and creative flair are very evident and much appreciated and so is Honourable Sam Quarm for his financial assistance. The greatest thanks of all go to my mom and dad who made it all worthwhile, 'who have supported m...