Purpose – The present study aims at using a broader data set and longer time frame coupled with a relatively rigorous and robust methodology to examine the effect of real exchange rate volatility on foreign direct investment (FDI) in a small and developing country such as Ghana....

This study examines the risk levels of Non-Bank Financial Institutions (NBFIs) and their effect on performance. A panel data analysis of 42 NBFIs over the period of 2006-2010 is used for the study. The results show that NBFIs have been safe as far as bankruptcy is concerned, over the period...

Purpose – The Ghanaian economy has experienced relative stability, improved macroeconomic performance and resilience over the past few years, following the introduction of a new monetary policy framework called inflation targeting (IT). The purpose of this paper is to look at IT and its effect...

Corporate Governance has engaged the attention of academics and practitioners alike for some time now. It is sad to note, however, that most of the studies carried out in this area have been conducted in countries such as the USA and the UK. In recent times, interest in Corporate Governance on...

Purpose – The purpose of this paper is to examine the impact of capital structure on the performance of microfinance institutions. Design/methodology/approach – Panel data covering the ten-year period 1995-2004 were analyzed within the framework of fixed- and random-effects techniques....

We examine how corporate governance indicators such as board size, board composition and CEO duality impact on financing decisions of firms. Panel data covering the five year period 1999-2003 from forty-seven (47) listed firms on the Nairobi Stock Exchange (NSE) was used. Analysis was done...

Purpose – This paper aims to examine how selected governance indicators impact on performance measures of outreach and profitability in microfinance institutions (MFIs). Design/methodology/approach – The paper adopts a quantitative approach based on both primary and secondary data from...