ABSTRACT This study examines calendar anomalies, specifically day of the week and month of the year effects on the Namibian stock exchange using daily and monthly data from January 4th, 2000 to March 31st, 2017 obtained from the Namibian stock exchange. In an attempt to select a model best fit to account for return and volatility in the Namibian stock market, the symmetric GARCH (1,1) and two other asymmetric models EGARCH(1,1) and TARCH(1,2) models were estimated. The empirical results deriv...
Abstract Ghana is a country with strong cultural and religious beliefs. These beliefs tend to foster stigmatization and discrimination of the disabled and their primary caregivers within society. Developmentally disabled children, like those having other disabilities, are the most affected by the stigmatization of their primary caregivers. The present study examined the effect of stigmatization on the psychological wellbeing of primary caregivers of developmentally disabled children. Sixty- ...
TABLE OF CONTENTS Contents Pages Title page - - - - - - - - - - i Declaration - - - - - - - - - - ii Dedication - - - - - - - - - - iii Certification - - - - - - - - - - iv Acknowledgement - - - - - - - - v-vi Table of contents - - - - - - - - - vii-viii CHAPTER ONE 1.1 Introduction - - - - - - - - - 1-2 1.2 Statement of Research Problem - - - - - - 3 1.3 Objectives of the Study - - - - - - - 3 1.4 Research Questions - - - - - - - - 4 1.5 Research Assumptions - - - - - - - 4 1.6 Significanc...
ABSTRACT Major problems faced by Small and medium-sized enterprises (SMEs) all over the world is limited access to business funds, accounting records, human resource management and managing their SMEs productively. Part of the solution to address the aforementioned challenges is inherent in social capital. Social capital provides opportunities for entrepreneurs to use mutual relationships to access financial and other forms of capital without having to provide collateral securities. Despite ...
ABSTRACT The study investigates the relationship between financial development and economic growth in Namibia. It employed an auto-regression distributive lag modelling approach on quarterly data for the period 1995 to 2014. The study used the following variables, namely: ratio of broad money supply to gross domestic product, real gross domestic product (GDP), saving and interest rate. Firstly, the results of the unit root tests showed a combination of integration of order zero and one. Secon...
ABSTRACT The Ghanaian state was ushered into multi-party democratic governance in 1992. Unlike its predecessors, the 1992 Constitution of Ghana which shepherded the democratic transition has so far survived seven successive competitive elections and three turnovers of power from one democratically elected government to another, surpassing Huntington’s “two turnover test” the criterion for democratic consolidation. However, fiscal policy management by successive elected governments sin...
ABSTRACT The speed of technological advancement has improved financial innovation in the banking sector by the introduction of new products and services, with electronic banking capabilities to enhance the convenience of banking. However, this financial innovation poses risk issues, which need to be addressed. This research study was carried out to obtain users' perspectives on e-banking risk issues and the control measures to manage the identified risk, using GCB Bank Ltd as a case study. I...
ABSTRACT Revenue collection is an effective way in which governments can develop their economies. However, many developing countries like Namibia face challenges in their revenue collection. The Namibian government loses millions of dollars through fraud and errors related to the manual revenue collection system. This study was conducted with the purpose of ascertaining the effectiveness of the introduced automated revenue collection system in Etosha National Park, Namibia. A Descriptive Rese...
ABSTRACT This study carries out an empirical investigation of the determinants of banking sector development in Namibia. The study uses quarterly data for Namibia covering the period of 2000: I to 2011: IV, obtained from the Bank of Namibia. The indicator that is used to represent banking sector development is the ratio of credit extended to the private sector by the banks to gross domestic product (GDP). The study uses the autoregressive distributed lag model (ARDL) for the analysis. The bou...
ABSTRACT This study examined the relationships between Perceived organisational politics, Employee political skill and Job stress and further sought to explain the context of Organisational politics from the perspective of the individual. The transactional stress model guided this research. This model acknowledges that individuals can have extremely distinct attitudinal and behavioural responses to the same situation. Using a cross-sectional survey design and convenience sampling, questionna...
Abstract A quantitative survey study was conducted in the Namibian Police to investigate the implementation of the 2011 - 2014 strategic plan. The study was motivated by the absence of a new strategic plan. At the end of the strategic plan cycle, no evaluation was conducted and no new strategic plan was crafted. To date, no report has been compiled on the achievement of the strategic plan, neither has a new strategic plan been drawn. The study focused on the effectiveness, the challenges enco...
TABLE OF CONTENTS Title page - - - - - - - - - - i Approval page - - - - - - - - - - ii Dedication - - - - - - - - - - iii Acknowledgement - - - - - - - - - - - - -iv-v Table of content - - - - - - - - -- - - -vi-viii CHAPTER ONE 1.1 Introduction - - - - - - - - 1-3 1.2 Statement of the research problem - - - - - -3-3 1.3 Research question - - - - - - - - 3-3 1.4 Aims and objectives - - - - - - - - 3-4 1.5 Assumptions of the study - - - - - - - 4-4 1.6 Scope and limitation - - - - - - - 4-4 ...
ABSTRACT This research is to examine the role of financial intermediation in promoting the growth and development of Micro Small and Medium Scale Entrepreneurs in Nigeria. The primary data was collected through structured questionnaires containing both closed and open ended questions. The data was analysed using descriptive statistics such as frequency, percentages, and tables. The findings show that most of the respondents agreed with the fact that, they did not received a lot of suppor...
ABSTRACT This study investigates the relationship between international trade flows and employment in Nigeria for the period 1981 to 2006. Using time series estimation technique, we found no significant link between trade flows and employment in Nigeria both in the short-run and longrun. However, external factors such as FDI, real effective exchange rate, SAP and internal factors such as political stability, labour regulation and real wage are more important factors in explaining employm...
ABSTRACT The economy of Nigeria has a strong external orientation. It is characterized by heavy dependence on the export of one or a few product. The products find markets in the developed countries where ironically there is a small control over the prices of the exports. As a result of this, the Nigerian economy is vulnerable to external shock. This calls for effective tools for managing the external sector. The main focus of this study has been to evaluate the effectiveness a...