ABSTRACT Purpose – This research is to identify the determinants of credit risk of banks in Africa and examine the impact of credit risk on banks’ lending rates and banks’ stability. Design/methodology/approach – This study considers 197 banks across 29 countries in Africa over the period 2008-2012. Africa was divided into three income brackets according to the 2010 World Bank classification. A large sample of 197 banks was used in order to have enough banks in each income bracket. Sa...
ABSTRACT Concerns about currency fluctuations are becoming increasingly prominent in both advanced and emerging countries, including Ghana because they affect imports and exports directly. The main aim of the study is to assess the impact of the Central Bank intervention on Exchange rates in Ghana, using Société Générale Ghana as a case study. This study used secondary data mainly drawn from the Bank of Ghana Data base. The study covers a time period of 4 years (2014-2018) which captures ...
ABSTRACT According to the 2018 Banking Sector Report, the financial sector crises were attributed to two main causes which are bad corporate governance practices on the path of the board and senior management persons, and high non-performing loans (NPLs) due to equally high default rate. Despite the reforms by the central bank to sanitise the banking sector, Non-Performing Loans (NPLs) hit a new record as it shot up from GH¢7.1bn as at end of April 2017 to GH¢8.63bn in April 2018. The Credi...
ABSTRACT This study sought to bring to the fore, the effect of mergers and acquisitions on banks financial performance in the Ghanaian banking industry via a case study of FBN Bank Ghana Limited and International Commercial Bank. The study identified the effects of mergers and acquisitions on the financial performance of FBN Bank Ghana Limited post-acquisition of International Commercial Bank. Furthermore, it identified areas in which FBN Bank Ghana Limited underperformed and needed improvem...
ABSTRACT The research is geared towards identifying the factors of trade credits amongst listed firms in Ghana. The data used was in panel form from twenty (20) non-financial firms that are listed on the Ghana Stock Exchange between 2006 and 2012 to examine the drivers of trade credits. The three panel regression models used - Pooled Panel Corrected Least Squares model, Random Effects Model and Prais-Winsten Model - produced results which suggested that size and leverage were the two main de...
ABSTRACT This research focuses on auditors’ perceptions about internal controls in the public sector, how it affects the work of auditors in terms of audit reviews and the extent to which reliance is placed on internal controls. The qualitative case study approach was employed in order to gain a deeper understanding auditors’ construct of internal controls within the public sector context. Furthermore, purposive sampling technique was applied in this study and thematic analysis was used t...
ABSTRACT The significant role technology plays in boosting societies’ development cannot be overlooked. Mobile phone has been recognized as an important technology that has an impact on the lives of its users and the country at large. Mobile money service is one of the innovative products available to users of mobile phones. Accordingly, students find joy in using mobile phones due to its usefulness when it comes to retrieving information, and recently, the usage of mobile money. Against ...
ABSTRACT Financial intermediation has been the main activity and source of revenue for banks worldwide. However, when it takes the form of liquidity transformation, banks must exercise caution since this could affect their liquidity and solvency levels. On the basis of this, the study investigates the extent to which banks in Ghana transform liquidity and the influence (if any) of liquidity transformation on bank solvency. This study takes into account 20 banks in Ghana and spans for 10 year...
ABSTRACT Agriculture is deemed as a pivot around which economies revolve. The contribution of the agriculture sector to economies cannot be overemphasized. In Ghana, for instance, the agriculture sector has consistently been one of the major contributors of GDP of the country. On the contrary, the standard of living of farmers is deplorable. In the quest of the government of Ghana to eradicate the level of poverty among farmers and improve upon their standard of living, many policies have be...
ABSTRACT This study investigates the effects of revenue diversification and cross border banking on bank risk and return. Using a panel dataset of 320 banks across 29 African countries between the period of 2002- 2013 and a new methodological approach, System Generalized Method of Moments estimators (System GMM), the results in this thesis provide the following empirical evidence: first cross border banking increases revenue diversification as banks tend to diversify their revenue as a resul...
ABSTRACT This study is aimed at devising new and more effective tax enforcement strategies for the collection of taxes from informal sector in the Accra Metropolis. The research methodology involved semi-structured interviews with the Commissioner, Deputy Commissioner and Assistant Commissioner of the GRA and administering questionnaires to 385 informal enterprises in the Accra Metropolis. The findings of the study revealed that both resident and non-resident eligible persons who are either e...
ABSTRACT The study investigated accessing the effectiveness of livelihood empowerment against poverty to the reduction of child labour in the Ningo-Prampram District in the Greater Accra Region of Ghana. Using a written questionnaire and an open-ended interview guide, the researcher surveyed a sample population of 120 respondents and investigated the effectiveness of livelihood empowerment against poverty to the reduction of child labour in Ningo-Prampram District. The study employed the mixe...
ABSTRACT NGOs have recently faced issues with financial sustainability due to dwindling funding from donors. The study analyses the extent to which financial performance impact on the financial sustainability of NGOs. The research questions are to what extent financial performance impact financial sustainability and what role overhead cost plays in ensuring sustainability. The objectives are to identify the composition and trend of funding in Christian Aid, compute and analyse non-profit fina...
ABSTRACT In the years preceding the global financial crisis which begun in the US in 2008, it was revealed that the US and several European countries had prolonged periods of low interest rates. Since the crisis, extant literature has established a strong causal relationship between monetary policy and risk-taking mainly in the countries that were most affected. We cannot discount the effect of exchange rate when examining monetary policy. This is because during the period many of the countri...
ABSTRACT “The purpose of this study is to examine the effect of macroeconomic variables on gold prices in Ghana”. The study used “made use of monthly data” sourced from “Bank of Ghana, Ghana statistical service and” World Bank website. The time series estimation techniques were adopted in order to examine the effect of macroeconomic variables on gold prices The study shows that Exchange rate significantly “affect Gold prices in the long run. Crude oil prices, Inflation and Inte...