ABSTRACT The study examined the financial performance of GCB Bank Limited from 2006 to 2015 using financial ratios and indicators. Annual data from financial reports and statements were employed from Ghana stock exchange on the internet to compute all performance indicators and ratios. The major financial ratios that was used to assess GCB Bank for the period was profitability and efficiency ratios, portfolio quality ratios, liquidity ratios, capital adequacy ratio. The results showed that GC...
ABSTRACT This thesis examines the interactive effect of persistence in earnings and earnings management on stock returns. It employs both firm and macro-level data comprising of 39,490 listed firms from 1995 to 2013 across 45 countries. By employing different methodologies and estimation techniques on each research objective, the study provides the following empirical evidence: first, there is the presence of strong earnings persistence and a relatively low speed of adjustment. On the determi...
ABSTRACT The main aim of the study is to determine the effects of Corporate Governance on efficiency and productivity performance of insurance firms in Ghana. The study employed a panel data of fourteen (14) life insurers and fifteen (15) non-life insurers to assess the efficiency and productivity of insurers in Ghana between the years from 2005 to 2014. Apart from the static efficiency measure, the study assessed the dynamic productivity of the insurance firms by using the Cost Malmquist Ind...
ABSTRACT This study seeks to examine the nexus between board diversity and intellectual capital(IC) on risk and return of banks in Ghana. Board diversity is proxy by the nationality of the board of directors of banks in Ghana, Intellectual capital by Value Added Intellectual Coefficient (VAIC) and risk and return by Z-score and return of assets (ROA) respectively. Data is collected from the annual report of twenty-nine (29) universal banks in Ghana between the years 2000 to 2015. Panel regres...
ABSTRACT The purpose of the study was to assess the customer service practices in United Bank of Africa (UBA) using Tanoso Branch as a case study. A survey was used to gather information from a sample of 100 individuals analysed into 20 staff and 80 customers of UBA bank. The researcher used convenience sampling strategy to select members to be included in the sample frame. And collected primary data for the study through questionnaires and interviews. From the study, a link between satisfact...
ABSTRACT This study investigates the determinants of tax morale. It examines the effect of tax knowledge, perceived fairness, religiosity, national pride and financial satisfaction on tax morale. With a sample of prospective taxpayers drawn from the regular student population of the University of Ghana, the study analyses the hypothesised relationships using the partial least square structural equation modelling technique. The results show that religiosity, national pride and perceived fairne...
ABSTRACT Given the growing levels of corporations through international trade and the significant changes global economies have seen over the last few years have resulted in significant changes in business operations world over. Prominent among such changes the financial sector has witness is the adoption of International Financial Reporting Standards (IFRS). The purpose of the study was to examine the extent of compliance with IFRS by Ghanaian companies, its association with auditor switchin...
ABSTRACT This research aims to examine the influence of internal audit on effective corporate governance in SOEs in Ghana. A questionnaire was used to collect data and was distributed to the 100 top senior level officials and internal audit department of the SOE sectors. The regression model that was used in this study was five dependent variables: internal audit independence; proficiency and due professional care; nature of work; quality assurance and improvement program; and managing the in...
ABSTRACT This research thesis sought to find out the factors influencing the stock prices in the Ghana Stock Exchange. The independent variables were gross domestic product, inflation, dividend policy, and trading volume. A descriptive survey method was used in this study. The target population was the 61 firms that are listed at the GSE. The study used secondary data obtained from annual reports and financial statements of the firms listed in GSE found at the Capital Markets Authority (CMA) ...
ABSTRACT The aim of this study was to establish the effect of non-performing loans on profitability of four of the major banks listed on the Ghana Stock Exchange (GSE) as this could enhance profitability in banks and consequently contribute to a healthy financial system. Panel regression analysis was employed to establish the relationship between credit risk and profitability in order to account for heterogeneity among selected banks; Agriculture Development Bank (ADB), EcoBank Ghana (EBG), ...
ABSTRACT This study sought to investigate the use of financial information in management decision making processes by SMEs in the Kumasi Metropolis. This study examines the existing literature to find the contribution of financial information in making organisational and managerial decisions. The literature review suggests that the use of financial information in decision making depends on the owners’ attitude and their level of financial literacy skills. A qualitative approach was ...
ABSTRACT The study examines the effect of audit committee characteristics on risk disclosure in annual reports of listed firms in Ghana for the period 2003 - 2015. Using a sample of 30 listed firms, content analysis technique was employed to compute risk disclosure indexes for quantity and quality of risk disclosure while regression analysis was conducted to examine the effect of audit committee characteristics on risk disclosure. It was found that on average listed firms in Ghana disclo...
ABSTRACT The study of credit risk has become even more important in the wake of the recent near bankruptcy of two indigenous banks (UT Bank and Capital Bank), more especially among Credit Cooperatives where studies are limit in Ghana. A Credit Cooperative is a financial institution that is owned and controlled by its members and operated for the purposes of promoting thrift, providing credit at low interest rates and providing other financial services to its members. The primary objecti...
ABSTRACT Generally speaking, every investment decision contains a component of risk and a component of return. The relationship amongst risk and return exists as a risk-return trade off, by which it is implied that it is just conceivable to obtain higher returns by tolerating higher risk. This risk-return relationship is very key in investment assessment. Risk and Return are emphatically connected; an expansion in one is joined by an increment in the other. Hence this study assessed the ris...
ABSTRACT The study provides a comprehensive discussion on credit ration of Small and Medium Enterprises (SMEs), its effect on the growth of SMEs and subsequent effect on employment in Ghana. Access to finance has been noted as one of the major challenges upending the survival and growth of the SMEs sector in Ghana. The problems of access to finance, gaps and the reasons for the gaps in SMEs financing in Ghana are discussed. Gaps in SMEs financing were discussed in relation to credit ra...