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                <text>Is there discrimination against the agricultural sector in the credit rationing behavior of commercial banks in Ghana?</text>
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                <text>Frank Gyimah Sackey</text>
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                <text>Purpose&#13;
The purpose of this paper is to examine if credit rationing persists even in the era of financial liberalization, the extent to which individual, firm and loan characteristics influence the rationing behavior of commercial banks and whether the agricultural sector is discriminated against in the commercial bank credit market.&#13;
Design/methodology/approach&#13;
The study employed a probit model with marginal effects and a generalized Blinder-Oaxaca decomposition estimation on a randomly selected data of 1,239 entrepreneurs from eight commercial banks’ credit records about their individual, firm and loan characteristics.&#13;
Findings&#13;
The study revealed that credit rationing persists and that applying for a relatively longer payment period, providing collateral and guarantor, being illiterate, being relatively older and being in the agricultural sector increases the likelihood of being credit rationed, while having some relationship …</text>
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                <text>Impact of African leaders' characteristics and regime transitions on economic growth in Africa</text>
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                <text>Frank Gyimah Sackey</text>
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                <text>This paper examined the extent to which leaders’ characteristics and regime transitions impact on economic growth. A unique panel dataset, comprising 44 sub-Sahara African countries from 1970 to 2010, was used for the study. We used the differenced generalized methods of moments’ estimation to test our dynamic model for the dataset controlling for leader specific effects. We observed that democratic leaders were able to attract foreign direct investment and impact on economic growth positively. With regard to regime transitions, we observed that business cycle existed, and it reduced the rate of growth in democratic governance in election periods as compared to autocratic governance. Overall, our results show that there is a limit to which an ageing leader can stay in office. Moreover, the overall results point to a democratic governance having an advantage over an autocratic one in the process of promoting …</text>
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                <text>Bank customersâ€™ preferences and responses to Corporate Social Responsibility (CSR) initiatives in Ghana</text>
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                <text>Robert Ebo Hinson</text>
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                <text>Â The study seeks to investigate Ghanaian bank customersâ€™ ranked preference for corporate social responsibility (CSR) initiatives and determine which initiative has the greatest effect on attitude and behaviour toward banks. A sample of 384 retail bank customers is employed in the study. Applying a one-way MANOVA and two uni-variate ANOVAs, the study finds that customers have the highest preference for corporate philanthropy initiatives, followed by customer-centric and community volunteering initiatives. Additionally, the overall effects of CSR initiatives on customersâ€™ attitude and behavioural intentions toward bank brands are found to be significant. More specifically, the study finds, using a ScheffÃ© post-hoc test, that corporate philanthropy initiative have the greatest effect on both attitude and behavioural intentions towards bank brands. Based on the findings, the study recommends that the best type of CSR initiative that retail banks should apply to stimulate customersâ€™ attitude and behaviour towards their brands in Ghana is corporate philanthropy initiatives.</text>
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                <text>https://ajobe.journals.ac.za/pub/article/view/107</text>
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                <text>Microfinance and credit rationing: does the microfinance type matter?</text>
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                <text>Luis Diaz-Serrano, Frank G Sackey</text>
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                <text>This study sets out to examine the extent to which access to credit and credit rationing are influenced by the microfinance type based on the major factors determining micro, small and medium enterprises’ access to credit from microfinance institutions in the era of financial liberalization. The data for the study were gleaned from the microfinance companies’ credit and loan records consisting of the various pieces of information provided by the borrowers in the application process. Our results are puzzling and show that credit rationing is not influenced by the microfinance types but by the individual microfinance companies. Our results also show that the Government microfinance company is the least severe in the rationing behavior.</text>
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                <text>Taylor &amp; Francis</text>
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                <text>Foreign direct investment and economic growth in Ghana</text>
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                <text>Frank Gyiamh Sackey, George Compah-Keyeke, J Nsoah</text>
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                <text>Financial sector deepening and economic growth in Ghana</text>
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                <text>Frank Gyimah Sackey, Eric Maric Nkrumah</text>
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                <text>The purpose of this paper is to examine the effects of Financial Sector Development on Economic Growth in Ghana using the Johansen Co-integration analysis. The paper examines empirically the causal link between financial sector development and economic growth in Ghana. The Johansen Co-integration techniques within a bi-variate vector auto-regressive framework were used for the regression. Using a quarterly time series set of data on Ghana over a ten year period (2000–2009), the result of the study shows that, there is a statistically significant positive relationship between the Financial Sector Development and Economic Growth in Ghana. This outcome is in line with the results found for most of the literature reviewed. It is recommended that Government should encourage competition in the financial sector and micro finance development as these will improve and increase outreach and access to credit at a lower cost. This will boost private sector development and investments which is the engine of growth and development. This study will help policy makers in decision making as well as serve as a source of reference for further studies. Further studies are recommended to increase the frontiers of this study. Further research on the role of financial sector developments–following Hasan et al.(2006)–is warranted in order to gain a more conclusive understanding of the finance-growth nexus in a transitional country like Ghana.</text>
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                <text>MINING FIRMS AND SUSTAINABILITY REPORTING IN GHANA </text>
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The aim of this research is to assess the financial performance of the life insurance industry of an emerging economy. In particular the study delves into the major determinants of the profitability of the life insurance industry of Ghana. The study also examines the relationship among the three measures of insurers' profitability, which are investment income, underwriting profit and the overall (total) net profit.&#13;
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–&#13;
The annual financial statements of ten life insurance companies covering a period of 11 years (2000‐2010) were sampled and analyzed through panel regression.&#13;
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–&#13;
The findings indicate that whereas gross written premiums have a positive relationship with insurers' sales profitability, its relationship with investment income is a negative one. Also, the results showed that life insurers have been incurring large underwriting losses due to overtrading and price …</text>
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                <text>This book is a fascinating treatment of ethics, governance, and anti-corruption initiatives from a public sector management perspective and is especially relevant for an Africa looking to benefit from the recently launched Africa Continental Free Trade Area.&#13;
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&#13;
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                <text>Purpose–This study aims to examine the quantitative effect and direction of Chinese Foreign Direct Investment (FDI) on economic growth in Africa using a sample of 20 African countries from 2003 to 2012 with data obtained from United Nations Conference on Trade and Development and the World Bank.&#13;
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