| 1. |
- Adu, George, et al.
(författare)
-
An Empirical Analysis of the Determinants of Interest Rates in Ghana
- 2016
-
Ingår i: Journal of African Business. - : Informa UK Limited. - 1522-8916 .- 1522-9076. ; 17:3, s. 377-396
-
Tidskriftsartikel (refereegranskat)abstract
- This paper provides an empirical analysis of the determinants of the bank lending rate in Ghana using annual time series data from 1970 to 2013. We found evidence of a long-run equilibrium relationship between the average lending rate charged by commercial banks and its determining factors. In the long run, bank lending rates in Ghana are positively influenced by nominal exchange rates and Bank of Ghana’s monetary policy rate but negatively with fiscal deficit, real GDP and inflation. We also find positive dependence of the bank lending rate on exchange rates, and the monetary policy rate both in the short and long run. Specifically, our findings reveal that the Bank of Ghana’s monetary policy rate and the exchange rate, by far, show strong contemporaneous effects on the average bank lending rate in Ghana.
|
|
| 2. |
- Amuakwa-Mensah, Franklin, et al.
(författare)
-
Re-examining the Determinants of Non-Performing Loans in Ghana’s Banking Industry: Role of the 2007–2009 Financial Crisis
- 2017
-
Ingår i: Journal of African Business. - : Routledge. - 1522-8916 .- 1522-9076. ; 18:3, s. 357-379
-
Tidskriftsartikel (refereegranskat)abstract
- This paper uses robust econometric methods to estimate the determinants of non-performing loans (NPLs) with a specific focus on the role of the 2007–2009 financial crisis in explaining NPLs in the banking industry of Ghana. Findings suggest that non-performing loans are significantly affected by bank-specific, industry, and macroeconomic variables. We observed heterogeneity in the determinants of NPLs for sub-samples of the data. The effect of the financial crisis on NPLs is observed to be conditional on the level of credit risk in our sub-sample analysis. The results from the impulse response corroborate that of the regression estimation.
|
|
| 3. |
- Amuakwa Mensah, Franklin, et al.
(författare)
-
The Determinants of Net Interest Margin in the Ghanaian Banking Industry
- 2015
-
Ingår i: Journal of African Business. - : Informa UK Limited. - 1522-8916 .- 1522-9076. ; 16, s. 272-288
-
Tidskriftsartikel (refereegranskat)abstract
- This study investigates the determinants of net interest margin and the role of the financial crisis in explaining net interest margin (NIM) in the banking industry in Ghana. Further, we assess the sensitivity of our results to the measure of credit risk. We observe a sharp drop in NIM and an increase in bad debt growth during the 2007-2009 financial crisis in Ghana's banking sector. Depending on the definition of credit risk, we observe marginal differences in the magnitude and significance of the determinants of NIM. Generally, NIM is explained by bank-specific, industry and macroeconomic factors. We find risk aversion, operating cost, inflation rate and previous year's GDP growth to be robust drivers of NIM.
|
|
| 4. |
- Berthon, Jean-Paul, et al.
(författare)
-
Brand management and strategic performance : some evidence from South Africa
- 2007
-
Ingår i: Journal of African Business. - 1522-8916 .- 1522-9076. ; 8:2, s. 27-40
-
Tidskriftsartikel (refereegranskat)abstract
- This article reports on a study using a previously published checklist to assess the brand management practices of South African firms. Indications are that the perceptions of a sample of senior managers regarding how well their institutions manage their brands are reasonably positive, and that the management of brands has effects on a firm's profitability, market share and growth compared to competitors. While the checklist used seems to possess the characteristic of reliability, further development needs to be done on aspects of its underlying structure. Implications for managers and further avenues for research are identified and discussed.
|
|
| 5. |
- Buigut, Steven, et al.
(författare)
-
The Impact of General Elections on Kenyas Tourism, Financial and Media Sector Stock Returns: An Event Study Approach
- 2022
-
Ingår i: Journal of African Business. - : ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD. - 1522-8916 .- 1522-9076. ; 23:2, s. 497-515
-
Tidskriftsartikel (refereegranskat)abstract
- This paper examines the impact of Kenyan elections and election-related events on tourism, financial and media sector stock returns using an event study approach. Daily prices of selected equities are obtained from the Thompson Reuters EIKON and parametric and non-parametric tests carried out. The results indicate that conflict negatively affects tourism sector more than the financial and media sectors, while peaceful elections have a positive effect on tourism and to a smaller extend, the financial sector. Peace initiatives induce a positive effect on tourism. A robust and independent IEBC capable of delivering a credible election is therefore crucial.
|
|
| 6. |
|
|
| 7. |
- Muhsin Salim, Masoud, et al.
(författare)
-
Stakeholder salience in public and private firms : results from Tanzania
- 2011
-
Ingår i: Journal of African Business. - : Taylor & Francis. - 1522-8916 .- 1522-9076. ; 12:2, s. 252-267
-
Tidskriftsartikel (refereegranskat)abstract
- It has become evident that Western concepts of business and management must be evaluated within their realms of application. The objective of this research was to analyze the effects of stakeholder attributes of power, legitimacy, and urgency on the stakeholder salience of shareholders, employees, customers, and community in state-owned and privatized firms in Tanzania. In general, the framework developed and used in Western studies proved useful in characterizing Tanzanian management perceptions toward stakeholders. That is, when using a common questionnaire, results were obtained that linked stakeholder saliency with underlying attributes. Nevertheless, the saliency profile for stakeholders was different in the Tanzanian culture from previous studies in the United States and Spain. In a Tanzanian context, employees, customers, and community attained inferior status compared to the results obtained in developed countries for which the theory had been developed. Profiles were also different in comparing state-owned and privatized firms in Tanzania. Results indicated that the effects on salience are similar for shareholders but different for the remaining stakeholder groups in the two categories of firms. Some policy recommendations are made as a consequence of observations, and the need for further work is acknowledged.
|
|
| 8. |
- Ohemeng, William, et al.
(författare)
-
Market Efficiency and Price Discovery in Cocoa Markets
- 2016
-
Ingår i: Journal of African Business. - : Taylor & Francis. - 1522-8916 .- 1522-9076. ; 17:2, s. 209-224
-
Tidskriftsartikel (refereegranskat)abstract
- This paper tests the efficiency and price discovery mechanism in the cocoa cash and futures markets over the period March 1981- August 2009. The results indicate that the price discovery is done in the cash market and spreads to the futures markets and that the futures price can be seen as an unbiased predictor of future cash prices. There is no sign of a risk premium in the futures price. Since the cash behaves like a random walk we cannot reject market efficiency.
|
|
| 9. |
- Owusu, Richard A., 1960-, et al.
(författare)
-
Managing risk and turbulence in internationalization of foreign companies to South Africa : Lessons from seven Finnish business-to-business firms
- 2011
-
Ingår i: Journal of African Business. - London : Routledge. - 1522-8916 .- 1522-9076. ; 12:2, s. 219-239
-
Tidskriftsartikel (refereegranskat)abstract
- In this article the authors examine how seven Finnish business-to-business firms have managed risk and turbulence in their internationalization to South Africa. Thirty interviews with managers and other relevant informants were conducted. The study finds that the levels of perceived risk and turbulence were high in the market and the firms have used networks, alliances, gradual involvement, and a combination of entry modes to deal with the situation. The study contributes to the literature on business in Africa by providing implications for why and how firms develop their involvement in African markets and how they deal with challenges and opportunities.
|
|
| 10. |
- Rutashobya, Lettice, et al.
(författare)
-
Gender, social networks, and entrepreneurial outcomes in Tanzania
- 2009
-
Ingår i: Journal of African Business. - : Taylor & Francis Group. - 1522-8916 .- 1522-9076. ; 10:1, s. 67-83
-
Tidskriftsartikel (refereegranskat)abstract
- This article presents results of a study that investigates egocentric network differences between female and male entrepreneurs and their entrepreneurial outcomes in Tanzania. Based on a random sample of 272 micro-, small, and medium-size enterprises, the study reveals that female and male entrepreneurs have diverse networks. However, when compared to their male counterparts, female entrepreneurs’ strong ties included more kin members. No significant gender difference in the composition of weaker ties was observed, suggesting gender differences in the choice of individuals with whom to have strong ties but not with whom to have weak ties. A significant gender difference in entrepreneurial outcomes at both start up and at the time of research was found, suggesting an antecedent networking behavior influence on performance.
|
|
