Purpose – The purpose of this paper is to explore the non-linear relationship between income diversification and efficiency of Ghanaian banks within the universal banking era. Design/methodology/approach – The stochastic frontier analysis (SFA) technique is employed on annual data of 26...

Purpose – The purpose of this paper is to examine the effect of intellectual capital on bank productivity in an emerging market in Africa. Design/methodology/approach – The Malmquist productivity index (MPI) is employed to estimate productivity growth of 18 banks in Ghana from 2003 to 2011...

This paper sets out to explore the causality links between financial markets and foreign direct investment (FDI) in Africa. We use proxies for the banking sector and stock market to capture financial market development. We run separate estimations for the banking and stock market samples....