Purpose: This study aims to analyze the efficiency of banks under board gender diversity and to examine the determinants of bank efficiency. Design/methodology/approach: Data for analysis were sourced from annual reports of 21 banks for the period from 2009 to 2017. A two-step framework was...

Purpose: The study examines the relationship between the consequential social cost of market power (i.e. welfare performance of banks) and cost efficiency using data covering the period 2009 to 2017 from the Ghanaian banking industry. Design/methodology/approach: The study adopts the ordinary...

Purpose – The purpose of this paper is to investigate the day of the week effect on the Ghana Stock Exchange (GSE) by using the GSE all-share index from November 1990 to August 2012. The presence of the day of the week effect has been reported on several markets. Design/methodology/approach...

Purpose: Does the issuance of Eurobonds carry enough information about favourable domestic conditions to warrant more FDI inflows? In this study, the authors investigate how FDI is responding to the rising levels of Eurobonds in sub-Saharan African (SSA). Design/methodology/approach: The study...

Purpose: The purpose of this paper is to investigate whether asset allocation across various industries listed on the Ghana Stock Exchange (GSE) varies across different monetary policy states. Design/methodology/approach: This paper adopts the Markov Chain technique to split monetary policy...