ABSTRACT In order to promote sustainable economic growth, there is a need for WAEMU countries to implement an appropriate policy mix. The study empirically analyses the relative effectiveness of monetary and fiscal policy on economic growth in WAEMU countries. The investigation of the relative effect of both policies was done in an unrestricted vector autoregressive VAR framework which was based on a modified version of the St Louis model. The VAR model was analysed using the Impulse Response...
ABSTRACT Human capital development is very important to national development. One way by which human capital development can be achieved is through formal education. Policies in education which seek to reward teachers are necessary to ensure that teachers perform for national development goals to be achieved The purpose of the study was to investigate the role the Ghana Education Service rewards systems play in motivating teachers to perform. The research investigated the reward systems and p...
ABSTRACT The study explores the nature of HIV and AIDS stigma felt by PLWHAs and the effect this has on them in the Assin Fosu Municipality. This was pursued through examining the effect of stigma on the PLWHAs and assessing the coping strategies of the PLWHAs. Descriptive and cross-sectional research designs were adopted to study the 256 HIV carriers from the Saint Francis Xavier Hospital at Assin Fosu. Interview schedules were used to collect data from the respondents. Statistical tools use...
ABSTRACT This study sought to assess the extent of labour turnover in the Customs Division of the Ghana Revenue Authority and a cross sectional research design was adopted to help achieve the objectives of the study. A questionnaire was designed to collect the data for the study and after the data collection; a sample size of 161 was obtained for the study. From the outcome of the study showed that there is evidence of both internal and willingness to quit customs division of Ghana Revenue Au...
ABSTRACT This study examined the phenomenon of vigilantism using a mixed method design, involving an archival study of media reports and a quantitative survey within the Ghanaian context. Drawing on 145 online media reports from January 2002 to December 2017, the study examined trends and patterns of vigilante violence within the Ghanaian context. Results showed a considerable increase in the occurrence of vigilantism within the 15-year period, from 27 cases during the period 2002 – 2011 to...
ABSTRACT This study investigated the effect of petroleum price on stock market returns in Ghana by using monthly data from 1990 to 2017. The study also examined the causality among macroeconomic variables as well as the moderating effect of financial crises and Ghana’s lower middle income status on stock market returns. The study adopted the Autoregressive Distributed Lag (ARDL) model and the Linear Regression Model to achieve the objectives of the study. The findings were that there is bot...
ABSTRACT Internal control systems are primarily established to enhance the reliability of financial performance directly or indirectly by increasing accountability among information providers in an organisation. As the credit unions in Ghana has existed over the past twenty years but their activities have not witnessed significant growth as compared to banks and financial services within the country. It therefore calls for a systematic approach to analyse the internal control system within cr...
ABSTRACT Human resource development is vital for the development of every nation. As a result various attempts have been made by governments to ensure the development of its human resource. In Ghana, one of the efforts towards this direction was the establishment of rural banks. The study, therefore, examined the contributions of rural banking activities to human resource development in the communities in which they operate using the Ahantaman Rural Bank [ARB] as a case. It became evident tha...
ABSTRACT Retaining employees forms the basis for developing competitive advantage in any organization including banks. It is therefore imperative to consider employee retention role in the banking institutions. One factor that influences employee retention is motivation. This study primariliy assessed how financial and non-financial reward benefits motivate employeees at First Atlantic Merchant Bank with (FAMB) and how these in turn influence their employee retention. Specific objectives were...
ABSTRACT This study sought to examine the effect of household social spending on welfare in the light of both present and future poverty analyses using the quantitative approach. Ghana Statistical Service’s Ghana Living Standard Survey (GLSS) fourth, fifth and sixth waves were used in the study. Final sample sizes of 5,556, 7,759 and 15,568 for the fourth, fifth and sixth rounds respectively were analysed. The study found in its first objective that very poor households benefited more in te...
ABSTRACT A former South African Minister of Finance, Trevor Manuel stated that the obligation to pay one’s fair share of taxes as and when they fall due is part of the new morality which democratic governance must inculcate in every South African. He accepted that tax evasion and fraud are among the most insidious forms of criminality that plague the South African society and that millions of Rand are diverted every day from the fiscus by tax criminals (Oberholzer 2008). Limited research on...
ABSTRACT This study examined afforestation in Ajumako-Enyan-Essiam District (AEED). The study was cross-sectional as well as descriptive and made use of interview schedules and questionnaire to collect data. The simple random, quota and systematic sampling techniques were used for household respondents, while the purposive and simple random techniques were employed in getting responses from departmental heads and tree growers respectively. Questionnaires, interviews, focus group discussion an...
ABSTRACT Corporate governance has several dimensions. This dimension determined the corporate governance performance of listed companies in Ghana and found out whether the companies that adhere to good corporate governance practices create value as reflected in the companies’ return on equity. Research questionnaires were administered to directors of sampled listed companies. Data was collected from the annual reports of the sampled companies and the Annual Facts Book of the Ghana Stock Exc...
ABSTRACT Globally, microcredit has risen to prominence at a rapid speed after its large-scale success in the 1970s in Bangladesh with Grameen Bank. Its central idea is that traditional banks find the poor too costly to serve due to their lack of steady income and collateral. To address the issue of a lack of collateral to secure loans, some rural banks and microfinance companies have taken to group guarantees as a form of social collateral to provide loans. This study delves into the group le...
ABSTRACT In contrast to previous studies on the relationship between trade openness and economic growth, this study develops a new measure of trade openness. Composite Trade Intensity (CTI) was employed to generate an index to capture trade openness. The study used Trade Intensity (TI) and Relative World Trade Intensity (RWTI) dataset to create an index for trade policy openness. This new measure of trade openness improves on the results of trade openness compared with the traditional measure...