This study examines how employee friendliness influences performance volatility in banks. We differentiate inherent and residual volatility. Using 32 public banks in four emerging African economies from 2005 to 2021, we find that employee friendliness practices are positively associated with...

Preface -- Acknowledgements -- Part I: The Monetary System and the Business of Banking -- Overview of the Monetary System -- Introduction to the Business of Banking -- Introduction to the Business of Banking -- Introduction to the Business of Banking -- Part II: Asset-Liability Management --...

This study investigates the determinants of profitability of state-owned enterprises (SOEs) in Ghana using a sample of 18 SOEs over the years 2014-2016. Applying Ordinary Least Squares (OLS) with clustering at firm level, the results show that profitability (ROA, ROE) of SOEs decreases in...

Over the past decade, a growing number of studies have examined the role of agricultural export in economic growth in Africa. The literature, however, provides conflicting results about the agricultural export-led growth hypothesis. In this study, we aim to examine the impact of agricultural...