ABSTRACT
The study on the financial effect of road fund had to be conducted because of the problem of
limited attention and literature committed towards this aspect of research in Ghana’s knowledge
space. Following this problem the current study investigated financial effects of Ghana road fund
misappropriation in the Ghana Highway Authority. The specific objectives include; to help
identify the causes of the misappropriation funds to projects by the road agencies, to run a
comparative analyses of funding road developmental projects as against road rehabilitation
projects, to assess the effect of funds misappropriation within the road construction sector of
Ghana.
The study adopted the quantitative method of research. The study used descriptive and cross
sectional designs. The data was sampled from staff, consultants and contractors from the Ghana
Highway Authority. All together 35 responses were gathered. The instrument used for data
gathering is well-structured questionnaire as well as an annual report spanning 2015-2018. The
study was concluded based on the key objectives outlined in this study. The study therefore
concludes that the causes of the misappropriation of road funds include the delays in monthly
payment of vital projects, Inflation rates, Project disputes/project litigation, schedule completion
slippage and government interference. In comparing developmental projects to rehabilitation
road projects respondents indicated that the later was less expensive- over GHS 99,135,117.27
was lost through developmental projects alone. Also government role in misappropriating road
funds can lead to corruption.
OFORI, R (2021). Financial Effects Of Ghana Road Fund Misappropriation: A Case Study On The Ghana Highway Authority. Afribary. Retrieved from https://afribary.com/works/financial-effects-of-ghana-road-fund-misappropriation-a-case-study-on-the-ghana-highway-authority
OFORI, RICHARD "Financial Effects Of Ghana Road Fund Misappropriation: A Case Study On The Ghana Highway Authority" Afribary. Afribary, 18 Apr. 2021, https://afribary.com/works/financial-effects-of-ghana-road-fund-misappropriation-a-case-study-on-the-ghana-highway-authority. Accessed 22 Nov. 2024.
OFORI, RICHARD . "Financial Effects Of Ghana Road Fund Misappropriation: A Case Study On The Ghana Highway Authority". Afribary, Afribary, 18 Apr. 2021. Web. 22 Nov. 2024. < https://afribary.com/works/financial-effects-of-ghana-road-fund-misappropriation-a-case-study-on-the-ghana-highway-authority >.
OFORI, RICHARD . "Financial Effects Of Ghana Road Fund Misappropriation: A Case Study On The Ghana Highway Authority" Afribary (2021). Accessed November 22, 2024. https://afribary.com/works/financial-effects-of-ghana-road-fund-misappropriation-a-case-study-on-the-ghana-highway-authority