ghanaopendata/ghanaian-research-english huggingface dataset:
Effect of financial innovation on the performance of Universal Banks in Ghana.

The banking sector in recent times is going through a period of transformation. This process of transformation in the sector is mainly driven by digital innovation steered by technological transformation. Ghana‟s banking sector is no exception to the wave of technological transformation as financial innovations have heralded discourses on Ghana‟s banking industry but as to it being the main determinant of growth in the banking sector remains insufficiently proven. The objective of the study was to specifically evaluate the effect of innovation in relation to management efficiency, liquidity management, interest rate and gross domestic product on number of account holders and profitability. The study employed an explanatory research design and used a multiple regression model with the aid of Statistical Package of Social Sciences (SPSS) to estimate the association of financial innovation to both customer volumes and profitability of banks relative to interest rate, gross domestic product, liquidity management and management efficiency. Data on financial innovation was mainly on expenditure on financial innovation of some selected banks with a market share of 39%. The regression model revealed that financial innovations additional to adopted internal and external factors (i.e. management efficiency, liquidity management, interest rate and gross domestic product) account for 50.4% and 81.0% variations in customer volumes and profitability of banks respectively. The model again estimated positive regression coefficients for financial innovation on both customer volumes and profitability. Consistently, the Pearson‟s correlation analysis revealed a positive and strong relationship between financial innovation and customer volumes as well as profitability of banks. The study concludes that financial innovation unequivocally has a positive and a statistically significant influence on bank performance and therefore recommends that banks accelerate their innovation drive to meet the needs of consumers as well as match up with trend of global competition. Again, the study recommends that banks extensively draw out innovative strategies to meet the changing needs of financial consumers at lower service cost and higher levels of efficiency.

Source: KNUST
Effect of financial literacy on retirement planning behaviour among small-scale business owners in asante effiduase in the sekyere east district

This study investigates the relationship between financial literacy and retirement planning behavior among SSE owners in Asante Effiduase district of Sekyere East. The research involved a sample of 120 participants and employed a quantitative approach to examine the variables under scrutiny. Data were primarily collected through surveys using questionnaires. SPSS version 24 is used to analyze the data. One of the principal objectives of this study was to assess the financial literacy level of SSE owners, with the findings indicating a prevailing low level of financial literacy among the respondents. This low level of financial literacy was observed to have a consequential impact on the retirement planning behavior of the participants. Furthermore, the study disclosed that gender and income levels had a negative influence on retirement planning behavior, whereas age, education, and financial literacy demonstrated positive and statistically significant effects. These findings emphasize that financial literacy plays a pivotal role in shaping the retirement planning behaviors of SSE owners. Additionally, the inclination of an SSE owner to engage in retirement planning was found to be contingent not on their gender or income level, but rather on their age, educational background, and, most significantly, their level of financial literacy

Source: KNUST
The effect of financial innovation on customer satisfaction: a study on banks in Ghana.

Every service provider aim at promoting customer satisfaction because of benefits that comes with it. In the banking sector where competition is very keen, the issue of customer satisfaction cannot be left out. The main aim of the study was to find the relationship between financial innovation and customer satisfaction. The two main products used as a measure of financial innovation were ATM and internet banking. Three hundred and eighty customers of all the major banks with branches in Kumasi were asked some questions on their expectation before using these products and their experience during and after using the service. Questionnaires were developed based on five service quality dimensions: Tangibility, responsiveness, reliability, privacy and ease of use. The service quality gap model was used to analysis the service quality gap among the five dimensions and it was revealed that, banks were unable to meet customers’ expected level of service but were able to provide more than 80% which is quiet remarkable. Results from the study also revealed that, among the five dimensions, customers are more concerned with reliability of service banks provide. Also Principal Component Analysis (PCA) using Varimax was adopted to extract factors used for running the regression to find the relationship between financial innovation and customer station. PCA produced four (4) and three (3) factors for ATM and internet banking respectively. The regression results revealed that, there is a positive relationship between financial innovation and customer satisfaction but there is no significant relationship between usage and satisfaction. It is recommended that, banks should conduct surveys periodically to know what customers expect from banks so that based on this information, they will be able to meet their needs. Also banks should concentrate more on the reliability of their services since that is the most important dimension.

Source: KNUST
Effect of financial literacy on savings and investment behaviour of public sector workers in the ho municipality

The primary objective of the research was to investigate the impact of FL on the savings and investment patterns shown by public sector employees within the Ho municipality. The research included quantitative approaches and inferential methods for analysis. The research design used in the study was cross-sectional and explanatory in nature. The population included all individuals employed within the Ho Municipality, regardless of their gender, occupational field, or hierarchical position. A total of 388 staff were chosen with a simple random sampling method. The research hypotheses were evaluated using SPSS version 26. Descriptive statistics were used to provide a comprehensive summary of the data. The hypotheses of the research were examined by the use of regression analysis. The findings of the study indicated that there is a positive and statistically significant relationship between financial education and FL. However, it was found that many socioeconomic and demographic parameters, including age, gender, marital status, income, experience, and education, do not have a significant impact on FL. The findings of the study also indicated that there is a significant and positive link between FL and the investment and savings behavior of public sector employees residing in the Ho municipality. It is crucial to establish and execute comprehensive financial education initiatives that include many aspects of personal finance, including budgeting, saving, investing, and debt management.

Source: KNUST
Effect of financial literacy on savings and investment behaviour of public sector workers in the ho municipality

The primary objective of the research was to investigate the impact of FL on the savings and investment patterns shown by public sector employees within the Ho municipality. The research included quantitative approaches and inferential methods for analysis. The research design used in the study was cross-sectional and explanatory in nature. The population included all individuals employed within the Ho Municipality, regardless of their gender, occupational field, or hierarchical position. A total of 388 staff were chosen with a simple random sampling method. The research hypotheses were evaluated using SPSS version 26. Descriptive statistics were used to provide a comprehensive summary of the data. The hypotheses of the research were examined by the use of regression analysis. The findings of the study indicated that there is a positive and statistically significant relationship between financial education and FL. However, it was found that many socioeconomic and demographic parameters, including age, gender, marital status, income, experience, and education, do not have a significant impact on FL. The findings of the study also indicated that there is a significant and positive link between FL and the investment and savings behavior of public sector employees residing in the Ho municipality. It is crucial to establish and execute comprehensive financial education initiatives that include many aspects of personal finance, including budgeting, saving, investing, and debt management

Source: KNUST
Effect of financial sector development and institutions on economic growth in SSA. Does the peculiarities of regional blocs matter?

The link between financial sector development (FSD) and economic growth has generated a great deal of interest among academics. Some studies argued that financial sector stimulates growth while others suggested the opposite. Thus, we conducted a comparative analysis of the effect of FSD on economic growth between Economic Community of West African States (ECOWAS) and Southern African Development Community (SADC). In addition, we sought to find out the transmission of FSD through institutional development on economic growth. The results suggested the existence of FSD-led growth in SADC but revealed no statistically significant effect in ECOWAS. Furthermore, the effect of FSD through institutional development supported a positive complementarity effects on growth in both regions but only statistically significant in ECOWAS, suggesting strong institutions complemented FSD effects on growth. We recommended that ECOWAS take steps to improve both political structures and democratic dispensation to boost the development of the financial sector.

Source: KNUST
Effect of financial sector clean-up on consumer confidence in the banking industry of ghana

The general objective of this study is to examine the effects of financial sector clean-up on consumer confidence in the banking industry of Ghana. To achieve this, cross-sectional survey research was conducted with all individuals and firms that use services of the financial sector of Ghana are target participants. Overall, 384 consumers of financial sector services were sampled randomly of which 352 participated in the study. Using various quantitative statistical techniques including the Chi-square test of association and paired sample t-test, the factors influencing consumer perception of financial sector clean-up and the influence of the financial sector clean-up on consumer confidence in the banking sector were established. The findings from the study reveal that the financial sector clean-up exercise is found to negatively influence on consumer confidence in the financial sector with a decline in confidence in financial institutions such as banks, microfinance institutions and savings and loan companies. Base on the findings it is therefore recommended that future financial sector and clean-up should be preceded by effective communication to all relevant stakeholders including consumers of financial services in the country. The study also recommend the need to put urgent measures to enhance consumer confidence through public awareness creation, town halls and educational programmes.

Source: KNUST
Effect of five soilless media and method of propagation on rooting and growth of three difficult-to-root ornamental plants.

Studies were carried out at the Department of Horticulture, KNUST from 17th June, 2009 to 26th August, 2009 to determine the most appropriate soilless rooting and growth medium and also to determine the best propagule type that would facilitate root development of Ixora coccinea, Ficus benjamina cv. Starlight and Thuja occidentalis using stem cuttings and air-layers. All data collected were square-root transformed before analysis using Analysis of Variance (Statistix Statistical Software) and means separated using the least significant difference (LSD) test at 5% probability level. For the stem cutting experiment, a 6 x 2 factorial in randomised complete block design replicated three times was used. The different media used served as the first factor with 6 levels (100% topsoil, 100% palmix, 50% teak sawdust+50% coconut coir, 50% palmix+50% coconut coir, 50% palmix+50% teak sawdust and 50% palmix+25% teak sawdust+25% coconut coir) and the stem cuttings as the second factor with 2 levels (straight stem and heel stem). The study revealed that 50% teak sawdust+50% coconut coir was the best soilless medium, in terms of physical and chemical properties, and produced the highest number of leaves (2.59) in Ixora coccinea and the highest number of rooted cuttings (1.39) in Thuja occidentalis, 50% palmix+25% teak sawdust+25% coconut coir medium had more survived cuttings (1.13) and produced the longest roots (1.05cm) per cutting in Ficus benjamina cv. Starlight while 50% palmix+50% coconut coir produced the longest root length (2.38cm) in Thuja occidentalis. The heel stem cutting produced the highest number of leaves (2.32) at eight weeks after setting in Ixora coccinea while straight stem cuttings produced more leaves (2.49) for Ficus benjamina cv. Starlight four weeks after start of experiment. In the air-layering experiment on the three stock plants (using a complete randomised design with 6 different media replicated three times), the best soilless medium found to promote rooting in Thuja occidentalis was 50% palmix+50% teak sawdust. The study concluded that 50% teak sawdust+50% coconut coir and heel stem cuttings could be used for stem cutting propagation. For air-layering, 50% palmix+50% teak sawdust could be used for root regeneration in Ixora coccinea and Thuja occidentalis while 50% palmix+50% coconut coir could be used for root regeneration in Ficus benjamina cv. Starlight.

Source: KNUST
The effect of foreign banks on the performance of Ghanaian banks

In recent years, foreign bank participation has increased tremendously in several developing countries. Ghana has had its fair share of this emerging global phenomenon. Though the number of countries embracing foreign bank entry is growing, many questions regarding this process are still being debated, including: 1. What draws foreign banks to a country? 2. Which banks expand abroad? 3. What do foreign banks do once they arrive? and 4. What are the effects of foreign bank entry on the performance of domestic bank? The main objective of this paper is to attempt to find out the determinants of foreign bank entry into Ghana and to empirically examine its effects on the profitability and efficiency of domestic Ghanaian banks. The annual balance sheets and income statements of 5 local and 5 foreign banks were used in the empirical estimation. In addition, a questionnaire survey was applied to executives of nine (9) out of the thirteen (13) foreign banks currently operating in Ghana in order to determine the factors that influence foreign banks’ decision to invest in Ghana. The period under consideration extends from 2000 - 2007. The survey results point to an indication that political stability, government incentive policies and anticipated high investment return favour Ghana as host country for investment and that Ghana is an important part of foreign banks’ globalization strategy. The empirical analysis reveals that foreign bank entry did not significantly affect the net interest margin non-interest margin and the overhead costs of domestic banks over the survey period. The results however, exhibit a strong negative correlation between foreign bank presence and local bank profit — before — tax. It also reveals that foreign bank entry led to significant improvement in the efficiency of domestic banks over the period.

Source: KNUST
The Effect of Flipped Classroom on Students’ Academic Achievements in Textile Weaving: The Case of Presbyterian Senior High School, Bompata

Technological advancement and innovations in technology continue to shape and influence various aspects of human endeavour and various sectors of the economy ranging from education, commerce, culture and entertainment. Student’s ability to develop an interest in a course and consider pursuing a career in that particular field is determined on the effectiveness of teaching and learning methods adopted. To ensure active participation and to inflame the passion of students in the study of weaving amid the challenges of equipment, and materials, there is the need to employ alternative teaching strategies that drive passion and provide the needed engagement such as flipped learning. The purpose of this study has been to identify the existing instructional strategies used in teaching textile weaving, introduce the flipped learning model as a pedagogical strategy for teaching weaving in textiles in and to examine the effectiveness of the flipped classroom model in the teaching and learning of textiles weaving on students’ academic performance in Presbyterian Senior High School. The research method employed was the mixed- method which involves the use of both qualitative and quantitative method. The data was gathered from a sample size of 44 respondents comprising First Year Visual Arts students at Presbyterian Senior High School, Ghana through purposive sampling technique and analyzed using the Statistical Package for Social Sciences (SPSS) Version 21. Flipped classroom teaching and learning methods have been f o und to make teaching and learning easier and fun for students due to its student-centeredness and the use of modern technology which most students have f o und very adaptable. Further findings have shown a remarkable improvement in students’ academic performance through the introduction of the flipped classroom as instructional method compared with the traditional method of teaching and learning as indicated by pre-test and post-test results of 22.7% and 93.2% pass respectively. However, adequate computers and constant supply of electricity are required in order to undertake flipped classroom teaching and learning. It has been recommended that the ICT lab be furnished with adequate computers and lab assistants be available in order to ensure effective us

Source: KNUST
Effect of foreign direct investment (fdi) on economic growth in ghana.

The study's primary objective was to determine the effect Foreign Direct Investment (FDI) on economic growth in Ghana. The study focuses on analysing the trends in foreign direct investment and economic growth in Ghana, determine the relationship between foreign direct investment and economic growth in Ghana and examine if any other factors influence economic growth in Ghana. The study adopted a quantitative research design. Indicators of world development were used to gather data for the variables under investigation. Additionally, secondary data from yearly reports on different amounts of FDI for the time span 1990–2022 is used. Due to the availability of data for the selected variables, this time was chosen, and it will be sufficient for the study. The study determined the trend in the data and pearson pairwise correlation was used to establish the relationship between the variables of the study. Again, the study adopted linear regression to determine the effect of FDI on economic growth. R-console was used to analyse the data. The study concluded that the relationship between FDI and economic growth is deterministic and that there has been an inconsistent rise or amount of FDI inflows into Ghana between 1990 and 2022. The study also demonstrates that Foreign Direct Investment (FDI) has a favourable impact on Ghana's economic expansion. The study found that capital and government expenditure all have an impact on economic growth. The study recommended that, since FDI has a positive impact on economic growth, policies and regulations to redirect resources to sectors and institution that will lead to a positive impact on economic growth. Also, in order to attract foreign direct investment, the Ghanaian government should spend money on the most important sectors of the economy.

Source: KNUST
Effect of foreign direct investment on exchange rate and public debt in Ghana.

The purpose of this study is to examine the effect of Foreign Direct Investment on Exchange Rate and Public Debt in Ghana. The study used data from 1975 to 2015 period from the World Development Indicators. The time series estimation techniques were adopted in order to analyze the data gathered. The study shows that Foreign Direct Investment, Interest Rate and Inflation significantly affect Exchange Rate in the long run in Ghana. The study further shows that FDI does not affect Exchange Rate in the short run. The finding also shows that, FDI affect Public debt in the short run. It is thus recommended that efforts should be made by policy makers, government as well as relevant authorities to frame policies aim at creating conducive investment environment so that both Ghanaian and non-Ghanaian Investors will get the encouragement to invest in Ghana.

Source: KNUST
Effect of foreign portfolio investment on economic growth in ghana

Increased liquidity in the capital market means better access to financing at lower cost of capital which is crucial to support economic activity. Capital flows have the ability to convey to destination economies benefits such as financial sector development, technological expertise, support for human capital development and investment purposes. The study examines the effect of foreign portfolio investment on economic growth in Ghana. The study population consisted of manufacturing sectors, services sector, industry and agriculture. The study used secondary data in estimating the result. The time frame ranged from 2009 to 2019. The data was obtained from the world development indicators (wdi, 2017) of the world bank. Regression analysis was used. Analysis of the data revealed that: private capital flows had a positive weight on economic growth, and the effect was significant. Thus, an increase in capital flows led to increase in economic growth; portfolio equity had a positive weight on economic growth, and the effect was significant. Thus, an increase in portfolio equity led to an increase in economic growth; portfolio debt had a negative weight on economic growth, and the effect was significant. Thus, an increase in portfolio debt led to a decrease in economic growth. In the light of these findings, the study recommended that the government of Ghana should have a clear directive in relation to foreign portfolio investments in Ghana, and that these directives should come with clear cut strategies and policies, in the bid to attract foreign investment. Again, private capital flows and portfolio equity should be promoted, with portfolio debt reduced in regards to improving economic growth.

Source: KNUST