In the context of developing economies, Foreign Direct Investment (FDI) has long been acknowledged for its potential to stimulate economic growth. However, with evolving understanding development encompassing not only prosperity but also environmental and social well-being, impact FDI on sustainable become a subject increasing importance complexity. To shed light this multifaceted relationship, our study empirically investigates causal link between in panel 48 African economies spanning...

The widespread coronavirus (COVID-19) has sparked considerable worry among businesses worldwide, including Ghana. Despite a growing body of information on market and business reactions to the COVID-19 pandemic, there are few no studies that have empirically examined direct impact firm's financial reporting. paper employed panel regression model examine impacts reporting delay over 3 years for 100 firms in Ghana comprising 30 listed 70 private firms. study's empirical findings indicate report...

The study examines the impact of audit committee characteristics on reporting time lag Ghanaian publicly traded companies. We used size committee, gender diversity, and financial expertise to measure as against number days between year-end date report completion. predicted found a negative relationship diversity lag. Also, association was established. Furthermore, affirmed committee. therefore concluded that leads efficiency indicating promotes prompt delivery report. As result, suggests...

The purpose of the study was to establish impact audit committee characteristics on fees from listed companies in Ghana. Audit size, gender diversity, meeting, and financial expertise were adopted measure against charged by firms. utilized a different set empirical specifications standard panel data, particularly address endogeneity issues extant literature fees-audit nexus condone. Applying IV-2SLS two-step dynamic GMM estimators, which are robust issues, we present evidence that meetings,...

Small and medium-sized enterprises (SMEs) are one of the buoyant businesses in global economy with abundant resources that have not been fully exploited. Despite several revelations on challenges SMEs, little to none comprehensively captured financial factors affecting performance particularly, Kenyan leather sector. This study explores SMEs using case industry sector Kenya. The data was collected by administering questionnaires 300 respondents who were randomly chosen from within found...

Abstract Background Cannabis is one of humanity’s oldest crops with several uses, from food to clothing and medicine. It remains the most controversial whose production, possession, usage are regulated differently across jurisdictions. Academic research advocacy have resulted in redefinition legal status cannabis countries. Ghana recently reviewed its laws on cannabis, allowing for cultivation industrial hemp. The legislation paves way benefit hemp include it agricultural cash crop list....

This study examines the dynamic interactions among foreign direct investment (FDI), economic growth (GDPG), and real exchange rate (RER) in Ghana using time series data over period 1996 to 2018, two econometric models: a trivariate VAR ARDL bound test. The results reveal that no long-run relationship exists variables. However, positive causal shock flows from both FDI RER GDPG. Also, response of is positive. Therefore, it recommended government implements policies will ensure optimal balance...

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Abstract This paper adopts a micro‐level analysis to assess the effect of aid from China and World Bank on wealth locals residing near project sites. We match geospatial data projects financed by in 35 African countries between 2008 2014 respondents rounds 5 6 Afrobarometer survey. The results indicate that these two donors increases local population. Our transmission mechanism test suggests impacts promoting employment opportunities.

Non-governmental organizations (NGOs) in Ghana have a history of being short-lived. However, Young Men's Christian Association (YMCA) Ghana, on the other hand has achieved notable success by impacting millions lives over 50 years working Ghana. Apparently, this research investigates into key financial management practices NGOs using case YMCA The study revealed that, quality Financial Management staff and their responsibility are most effective indicator amongst all well-functioning...

In 2008, the Government of Ghana (GoG) through Bank (BoG) and Interbank Payment Settlement System (GHIPSS) launched a smart card called e-zwich which formed central part government’s plan to move country towards cashless economy. Modernization cash sector has remained at best in confused state since it was worst an embarrassing drawback. this article, we employ Unified Theory Acceptance Use Technology (UTAUT) structural equation model estimate users' behavioral intentions actual usage...

This study examined the long-run money demand function in search for stability twenty (20) Non-EMU member countries by applying Co-integration, an ARDL bounds test, CUSUM, and CUSUM squared estimation techniques to data spanning 1996 – 2019. We found co-integrating relationship between its determinants all under consideration (19 out of 20) except Sweden. Stability was also confirmed seven (7) (Russia, Hungary, Montenegro, Bosnia, Bulgaria, Romania, Croatia) based on both test results test....

In pursuant to sustainable economic growth on the ticket of FDI-led hypothesis, government Ghana has instituted a myriad thoughtful policy reforms help boost economy realize self-sustaining growth. To some extent, policies might have paid off as country was named highest recipient FDI in West Africa 2018. However, supposed upsurge inflow foreign direct investment and its expected long-run spillover benefits not been tangibly felt region continues oscillate. Therefore, this study utilized two...

This study examines the J-Curve phenomenon of a developing country for case Ghana and its major trade partners: Switzerland (Swiss) China. Using quarterly bilateral data from Q1-1995 to Q4-2018 investigate impact currency depreciation on balance in short long run, it was established that Cedis recent years could be considered as successful policy improvement Ghana. First, real improves Ghana's with China Swiss after worsening run. Second, is improved Cedis, which formed 3.235 percent 1.594...

This research examines the relationship which exists between CEO's cultural background and firm's internal control quality. It further investigates whether CEO duality, board size, tenure moderate this relationship. A sample of 100 unlisted, non-financial firms in Cameroon from 2016 to 2019 was used. panel probit model applied test hypothesis. The result shows that CEOs with French have better quality fewer material weaknesses reported than English background. Moreover, study finds duality...

This paper examines board characteristics' impact on audit quality, evidence from Ghana Stock Exchange. The study employed a panel regression model to examine the effect of characteristics (board size, independence, gender diversity, and CEO duality) quality (DAC) for period 2012 2019 twenty-five (25) listed firms in Ghana. analysis results revealed that diversity have positive relationship with by reducing discretionary accruals. In contrast, negative was recorded between duality form an...

Internal control is required to present some confidence all stakeholders so their wealth will not be diverted away from basic concerns. The underlying principle that, are responsible for providing structures that preserve resources, stimulate reliable information, boost the observance of proposed regulations and effectively meet modus operandi institutions. study's main objective was assess effect employees' perception internal on output delivery in public sector institution. research...

Abstract The study employed the two steps systems GMM technique to examine effect of FDI inflow in 54 countries Africa from 2004 -2020. effects on economy and growth are positive, provided that policymakers meet minimum conditions. advantages conditioned by ability host country assimilate technologies a local environment is secure transparent. inescapable. results show there indeed positive relationship between inflows CO 2 emissions Africa. also intensity does depend increase GDP (economic...