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Like all good theories, market efficiency has major limitations, even though it continues to be the source of important and enduring insights. This is a conceptual framework on global financial crisis and Efficient Market Hypothesis. Despite the theory's undoubted limitations, the claim that it...
Persistent link: https://www.econbiz.de/10013120546
Government, institutional investor, investors and the ordinary Ghanaian believe that the interest rate spread in Ghana is on the higher side. Financial institutions also on the other side claim the opposite. The perceived wide interest spread charged by banks in Ghana continues to ignite many...
Persistent link: https://www.econbiz.de/10013121570
The magnitude of COVID-19 is yet to be estimated and felt by countries. The pandemic has posed a major disruption to economic activity across the world. Using the model by Battese, G.E., Coelli, T.J. (1995) the translog production frontier was adopted to estimate technical efficiency of the...
Persistent link: https://www.econbiz.de/10012826379
Purpose – Africa is the continent with the weakest capital market hence inability to raise funds local for long term projects. The Banking sector development of a country is crucial for economic growth and development through the facilitation of trade. After the financial sector reforms in the...
Persistent link: https://www.econbiz.de/10013314047