ABSTRACT This study examined to what extent the credit processes contribute towards loan delinquency. The convenient sampling procedure was used to select thirty (30) respondents: fourteen (14) credit officers and sixteen (16) clients all from the Microfinance Institution studied for the research. Frequencies, Charts, Percentages and Tables were the statistical tool used to analyze the data collected. Microsoft Excel Software and SPSS were used for the analysis. From the findings it was clear...
ABSTRACT This study examined the effect of foreign direct investment (FDI) on employment creation in Ghana using panel data covering the period 1997 to 2012. The study employed Pedroni co integration, Johansen panel test and the Granger No-causality test procedure suggested by Toda and Yamomanto to empirically examine the relationships and directional relationships between FDI and employment creation. The study employed two controlling variables namely exchange rate and GDP growth. The study ...
ABSTRACT This study investigated the relationship of inflation targeting monetary policy and economic growth in Ghana. Inflation rate was measured by conditional variance generated by fitting an empirical Generalized Autoregressive Conditional Hetroskedasticity (GARCH) model to seasonally adjust annual consumer price inflation for the period 1960-2015. The inflation rate measure, together with macroeconomic control variables, was used to estimate economic growth models for two periods corresp...
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 study investigated the relationship between capital structure and profitability of listed non-financial firms in Ghana, covering a seven-year period (2002-2008). Capital structure theories provided theoretical basis for the work. The study adopted the panel data methodology to examine the effects of capital structure on the profitability of twenty selected non-financial firms. The general least square technique was used as an estimation technique for the study. Financial statemen...
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 v...
ABSTRACT Despite the major role played by rural and community banks in economic development and in the financial climate, their performance over a decade now have not been up to expectations. They continue to experience huge challenges due to innovations in technology as well as globalization which create opportunities for growth. The purpose of this study was to examine the impact of liquidity on rural and community banks in the Eastern Region of Ghana selected from eleven (11) banks for t...
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 study examined the relationship between financial literacy and personal savings among individuals in Adeiso. The study used descriptive design in the quantitative approach. Stratified sampling technique was used to select 300 respondents (nurses, teachers and SME operators) in Adeiso of which questionnaires were administered to them. Furthermore, the data was analyzed with the help of statistical software known as Statistical Product for Service Solution (SPSS version 21.0) and i...
ABSTRACT In the 21st century, retirement planning is an evitable aspect of employees’ financial decisions. Employees who are financially literate have been found to have healthy lives during retirement while financially illiterate employees struggle to survive during that period. It is in this light that, the study examined the effect of financial literacy on retirement planning among employees at Ghana Grid Company (GRIDCO). The study employed the quantitative approach and causal research ...
ABSTRACT The study investigates the relationship between exchange rate volatility and economic growth in Ghana using quarterly data from 1990 to 2012, by means of the Autoregressive Distributed Lag (ARDL) approach and the Granger causality test. The study found a unique cointegrating relationship between economic growth and exchange rate volatility. The regression results show that exchange rate volatility exerts negative and statistically significant effects on economic growth both in the sh...
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...
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 interest in financial literacy has increased globally because it enhances financial security, wealth creation and excellent portfolio choice for the individual. The study was set up to investigate financial literacy and the practice of saving and investment by public sector workers in the Ajumako Enyan Essiam district of the Central region of Ghana. Frequency distributions, percentage, contingency tables and bar charts have been employed to show the results in the study conducted...