ABSTRACT Managerial decision making requires quality, relevant, reliable and accurate accounting information. Accounting information plays a decision-facilitating role since it possesses value relevance capabilities to enhance decision making. Through the use of accounting information, managers are enabled to ascertain the meaning and significance of day-to-day activities of an entity. In this regard, the aim of this study is to examine the perceptions of managers on the usefulness of ac...
ABSTRACT The study aimed generally to determine the scope of financial literacy and personal financing by people in the Cape Coast Metropolis. Under subscription of questionnaires led to 436 respondents from the cluster sampling method being used in the analysis. This allowed the determination of the various components and factors of financial literacy and personal finance. Factor analysis determined which indicators from various scenarios responded to, described the relationship between fin...
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 ...
ABSTRACT The idea that the self-employed have high income tax non-compliance behaviour is longstanding in tax compliance literature. Inappropriate application of tax enforcement strategies has been identified as one of the principal reasons for the high incidence of income tax non-compliance among the self-employed. Determining which regulatory enforcement strategy will be most effective has been a difficult task for tax authorities. There has been a longstanding debate between those who bel...
ABSTRACT Customers buy goods and services for value and utility (quality and satisfaction). Ghana Water Company Limited (GWCL) as a utility company is mandated to provide portable or quality water for human consumption in the urban areas of Ghana but it had been criticized over time for poor services. This study was therefore undertaken for the purpose of examining the relationship between service quality and customer satisfaction of GWCL in the Accra Metropolis. The design for the study was...
ABSTRACT The study used the annual financial statements covering a period of Four years (2010 to 2013) to evaluate the financial performance of Ga Rural Bank Limited. Ratio Analysis was the major tool used to analyze the data collected from the Ga Rural Bank Limited. The results of the study revealed that, the Bank had been successful in its Deposit mobilization, Liquidity and its high Profitsare based on some of the strengthswhich serve as a catalyst for driving its profits. The strengths ...
ABSTRACT The purpose of the study was to investigate the equity sensitivity and concerns of teachers about the single spine salary. Questionnaires comprising the conventional Equity Sensitivity Instrument and some other typical items on teacher concerns about the single spine salary structure were administered to 129 basic school student teachers of the Institute of Educational Development and Extension (IEDE) at the Cape Coast study centre in the Cape Coast metropolis. Both descriptive and...
ABSTRACT The purpose of the study was to assess the effectiveness of operational risk management in selected banks in Ghana (UT Bank Ltd, SG Ghana Ltd, Agriculture Development Bank Ltd and Cal Bank Ltd). The study sought to find out how effective Ghanaian Banks are managing operational risk since its inception in Ghana about a decade ago. The data was collected by the use of questioners and interview guide which help to analyzed and present results in percentage and frequency tables. The stu...
Abstract West African countries are wealthy countries with abundance of both human and natural resources. Some of its member countries are leading member of the OPEC countries. Surprisingly poverty in West African countries is at an alarming rate. Most of its countries are categorized as underdeveloped countries with highest rate of corruption in the world. It is characterized by very weak economies and very low growth rates. There is prevalence of abject poverty as a result of poor economic...
ABSTRACT In the world of business, the significant factor that leads to the establishment of corporate organizations is the maximization of shareholders’ wealth. Much is expected from managers of corporate bodies – Agents, engaged by the Investors – Principals, to generate investment activities towards the attainment of the basic financial objective of maximization of shareholders’ wealth. Sometimes, the agents succeed in their endeavour to satisfy the shareholders’ interests. How...
The choice of fund sources to finance an organization’s operation and investment activities is one of the major activities organization managers have to decide. This decision of managers in financing their firm’s operation and investment could involve; issuance of debt, raising of new capital through issuance of additional shares of equity, or retaining of capital from earnings generated from operations; and selection from among them largely depend on the effect they have on the organiza...
ABSTRACT This study was purposed to identify, analyse and proffer recommendations for how to overcome the challenges that fight the continuous existence of family-owned businesses beyond the first generation. A four point objectives was developed to answer to the phenomenon which proposes a local solution to a global challenge. The most applicable method used was Qualitative methods broken down into Five (5) stages including research design, data collection, data analysis techniques, t...
ABSTRACT Despite the increasing studies on corporate social responsibility and financial performance among high performing companies, very little interest has focused on Ghanaian firms. This study, therefore, examined the relationship between corporate social responsibility (CSR) and financial performance (FP) of the financial firms among Ghana Club 100. A secondary data were used for the study, and 20 financial firms whose CSR expenditure reports were available were selected. A correlation d...
ABSTRACT Access to quality healthcare is fundamental to economic progression as healthy populations live longer, are more productive, and save more. The National Health Insurance Scheme (NHIS) was established by the Government of Ghana in 2003 through an Act of Parliament to provide accessible and quality Healthcare services to residents of Ghana. It replaced the Cash and Carry system which took a toll on healthcare delivery in the country. The scheme has however been facing claims management...
ABSTRACT The main focus of the research was to examine the impact of Microfinancing on the growth of Small Scale Industries. The study adopted a descriptive design and also concentrated on the collection of quantitative data. However, the target population of the study were Kente Weavers at Ashanti Bonwire area. For this specific reason, relevant data was collected from the owners or operators of the Kente Business, (Kente Weavers), in the Bonwire locality. In all, 60 respondents participat...