This paper analyses the extent to which the level of bank competition influences monetary policy transmission. Using a large panel dataset of 978 banks from 55 countries, and employing the Lerner index model as a measure of market structure, our results show that an increase in banking sector...

This paper analyses the implications of bank market power and funding structure for risk and return. It employs a sample of 978 banks in 55 countries leading up to the 2008 financial crisis to test for two related hypotheses. First, competition reduces internal capital as the level of market...

This paper investigates the implications of market power and funding strategies for bank-interest margins, using a sample of 978 banks in 55 emerging and developing countries over an eight-year period, 2000-2007. We provide additional insight by examining the complex interlocking of three key...

This article analyses the broad determinants of bank lending in Sub-Saharan Africa (SSA) using both micro-bank and macro-country level data of 264 banks across 24 SSA countries. The core finding is that the structure of banking markets influences credit delivery in SSA in an environment where...

Purpose – The purpose of this study is to examine the determinants of capital structure decisions of small and medium enterprises (SMEs) in Ghana. The issue is very relevant considering that SMEs have been noted as important contributors to the growth of the Ghanaian economy....

This study investigates the effect of foreign direct investment (FDI) on employment creation and wages in Ghana. A simultaneous panel regression model is used in estimating the effect FDI has on employment and wages. The results of this study indicate that FDI has a statistically significant and...

Purpose – The study aims to examine the socio-economic determinants of maternal health services utilization in Ghana. Design/methodology/approach – Probit and ordered probit models are employed in this study. Findings – The results generally indicate that most women in Ghana undertake the...

Purpose – The purpose of this paper is to investigate the effects of investment opportunities and corporate finance on dividend payout policy. Design/methodology/approach – This issue is tested with a sample of 34 emerging market countries covering a 17-year period, 1990-2006. Fixed effects...

Purpose–The purpose of this paper is to evaluate the efficiency of insurance companies in Ghana using a two-stage procedure to ascertain whether insurance companies are cost efficient and also to examine the efficiency determinants of insurance companies. Design/methodology/approach–Using a...