Department of Accounting Studies Education

Permanent URI for this collection

https://ir.aamusted.edu.gh/handle/123456789/549

Browse

Browsing Department of Accounting Studies Education by Title

Now showing 1 - 20 of 22
  • Item
    An Exploratory Study Of Entrepreneurial Intention Among University Students In Ghana
    (INTERNATIONAL JOURNAL OF SCIENTIFIC & TECHNOLOGY RESEARCH VOLUME 7, 2018) Amanamah, Richmell Baaba; Owusu, Emmanuel Kofi; Acheampong, Augustine
    The purpose of this study was to explore the factors that influence entrepreneurial intentions among students in Ghana. The research was carried out by a survey method. Questionnaires were used to collect data from 731 undergraduate students pursuing regular and part-time programmes in a Ghanaian public university. Data were analysed using correlation and multiple regression analysis through the SPSS. Results of standard multiple regression showed that six out of the 23 factors explored in the study significantly influenced student entrepreneurial intention. A follow-up forward regression analysis showed that exposure to other entrepreneurs and experienced network is the most significant predictor of student entrepreneurial intentions. This was followed by dissatisfaction with previous job. The findings further showed that utilization of better opportunity in the market least predicted student entrepreneurial intention. This study contributes to the pool of knowledge by revealing the factors that influence the entrepreneurial intention of Ghanaian tertiary students. This is very significant to the development of entrepreneurial activities in Ghana especially in developing curriculum for entrepreneurial education and governmental policies to boost entrepreneurship in the nation.
  • Item
    Barriers to entrepreneurial intention among university students in Ghana
    (European Journal of Research and Reflection in Educational Sciences, 2018) Amanamah, Richmell Baaba; Owusu, Emmanuel Kofi; Acheampony, Augustiin
    Entrepreneurship education has become a major focus in the Ghanaian educational sector and governmental policies because entrepreneurship is seen as the major antidote to the increasing graduate unemployment. This study explores from students perspective barriers to their entrepreneurial intentions. In this study a model was developed and it impact on entrepreneurial intention was measured. In the model we theorised that the entrepreneurial intention of university students in Ghana is a function of four models: Economic, Legal, Sociocultural, and Personal factors. A survey-based methodology was used to collect data from 731 students from a public university in Ghana. Respondents’ perception towards four categories of barriers to entrepreneurship (Economic, Legal, Sociocultural, and Personal) were analysed using descriptive statistics. Multiple regression analysis indicated that all four predictor variables contributed significantly as barriers to entrepreneurial intention. Economic factors was the highest ranked barrier to entrepreneurial intention (β = .242, p < .001), followed by legal factors (β = .084, p < .05), and then personal factors (β = .061, p < .05). Socio-cultural factors served as the least form of barrier to entrepreneurial intention (β = .014, p < .05). This research has filled a research gap by providing important insights into the barriers to entrepreneurial intention among university students in Ghana. The results of the study may have valuable implications for the policy makers and educators.
  • Item
    Benefits and Challenges of International Financial Reporting Standards Adoption in Ghana: Accounts and Business Managers’ Perspective
    (International Journal of Accounting and Financial Reporting, 2017) Amanamah, Richmell Baaba
    The objective of the study was to identify benefits and challenges associated with the implementation of International Financial Reporting Standard (IFRSs) in Ghana from account and business managers’ perspective. The study used purposive sampling to collect data from 187 accounting professionals and managers in all business sectors of Ghana. Data was analysed using descriptive and inferential statistics. A Kruskal-Wallis H non-parametric tests (KW) was conducted to determine whether there are statistically significant differences of perception among five groups of the level of professional affiliation and six groups of role and position. The results revealed that the adoption of the IFRSs has among other benefits, increase the quality of accounting information, increased investors’ confidence, increase comparability of financial statement among companies both nationally and internationally, reduced the cost of equity capital, made the preparation and auditing of financial statement very transparent and easier. The findings also revealed that though the cost of implementation was very high and accounts and business managers’ faced some challenges in the implementation of the standards, the benefit derived from its implementation outweighed the challenges. Respondents perceived that IFRSs is too complicated for adoption by SMEs. They recommend that more training is needed to equip professionals in the effective implementation of IFRSs. The paper recommends that ICAG should conduct regular training for their members, other implementers as well as owners and operators of SMEs on the IFRSs especially on the emerging standards.
  • Item
    Campus Security and Safety Models: Statistical Empirical Analysis from a Ghanaian Tertiary Institution
    (Journal of Education and Practice, 2019-12) Mensah, Francis Owusu; Baafi, Joseph Antwi; Arthur, Yarhands Dissou; Claudia, Omari Somuah; Mprah, Richard
    All over the world security challenges faced by our traditional settlements is likewise in the university and college campuses. For this reason campus safety and security has become topical issue of research since parents are concerned about their wards and educational stakeholders risk losing loosing students because of crime and violence. With the influx of distance education students on the campus during the weekends and holidays, the issue of security becomes even more paramount. The current study model students’ perception of campus security personnel’s using procedural fairness, security effectiveness and trust in security response construct while fear of crime as well as security corruption are used as predictor construct. PLS-SEM is the quantitative approach used to investigate effect security corruption and students fear of crime on security procedural fairness, security effectiveness and students’ trust in security. The study randomly selected 350 regular and distance students, however 327 returned questionnaires resulting to 93% response rate. The study revealed that students’ fear of crime and security corruption predicts 71.8% of students’ trust in security. Furthermore, security corruption and students fear of crime account for 31.2% of students’ perceived security personnel’s procedural fairness. Finally, the study found that security corruption and students fear of crime accounts for 39.5% of the variability in security personnel’s effectiveness. The study concluded that students’ fear of crime positively affect their trust in campus security, however, the corruption on the part of campus security negatively affect students’ trust in campus security, security personnel’s procedural fairness and effectiveness. The authors recommend that training programmes should be put in place regularly to sensitise personnel’s on the effect of corruption on their integrity and profession.
  • Item
    Campus Security and Safety Models: Statistical Empirical Analysis from a Ghanaian Tertiary Institution
    (Journal of Education and Practice, 2019-12) Mensah , Francis Owusu; Antwi , Joseph Baafi; Arthur, Yarhands Dissou; Claudia, Omari Somuah; Mprah , Richard
    All over the world security challenges faced by our traditional settlements is likewise in the university and college campuses. For this reason campus safety and security has become topical issue of research since parents are concerned about their wards and educational stakeholders risk losing loosing students because of crime and violence. With the influx of distance education students on the campus during the weekends and holidays, the issue of security becomes even more paramount. The current study model students’ perception of campus security personnel’s using procedural fairness, security effectiveness and trust in security response construct while fear of crime as well as security corruption are used as predictor construct. PLS-SEM is the quantitative approach used to investigate effect security corruption and students fear of crime on security procedural fairness, security effectiveness and students’ trust in security. The study randomly selected 350 regular and distance students, however 327 returned questionnaires resulting to 93% response rate. The study revealed that students’ fear of crime and security corruption predicts 71.8% of students’ trust in security. Furthermore, security corruption and students fear of crime account for 31.2% of students’ perceived security personnel’s procedural fairness. Finally, the study found that security corruption and students fear of crime accounts for 39.5% of the variability in security personnel’s effectiveness. The study concluded that students’ fear of crime positively affect their trust in campus security, however, the corruption on the part of campus security negatively affect students’ trust in campus security, security personnel’s procedural fairness and effectiveness. The authors recommend that training programmes should be put in place regularly to sensitise personnel’s on the effect of corruption on their integrity and profession.
  • Item
    Computerized Accounting Systems Usage by Small and Medium Scale Enterprises in Kumasi Metropolis, Ghana
    (Research Journal of Finance and Accounting, 2016) Amanamah, Richmell Baaba; Morrison, Alfred; Asiedu, Kwaku
    The study focused on establishing the level of usage, benefits and challenges of computerized accounting systems (CAS) by small and medium scale enterprises (SMEs) operating in the Kumasi Metropolis. Systematic sampling technique was used to select 367 SMEs for the study. Descriptive statistics and inferential statistics were used to analyse the data. The results of the study revealed that only a few SMEs are using computerised accounting software. The low level of usage is attributed to cost, personnel and lack of education on the benefits of using CAS. Those using CAS indicated that the systems play an important role in the achievement of their business objectives including timely information management, large data storage capacity, reduction of clerical works and enhanced customer satisfaction. In conclusion, usage of CAS by SMEs has the potential to improve their performance; however, cost, lack of education on the benefits of the usage and knowledgeable personnel are negatively affecting the usage of the software. It is therefore recommended that SMEs be educated on the benefits of using CAS and accounting training institutions should do well to incorporate a segment on computerized accounting systems into their training modules.
  • Item
    Examining the Economic Interaction between Liquidity and Firms’ Financial Performance: Evidence from the Ghana Stock Exchange
    (Journal of Economics, Management and Trade, 2020-12-14) Antwi , Joseph Baafi; Duodu, John Kwame; Effah , Eric Sarkodie; Boachie, Williams Kwasi
    This study examined the economic interaction between liquidity and financial performance of manufacturing firms listed on Ghana Stock Exchange (GSE). Specifically, the study sought to examine the relationship between liquidity as measured by current ratio, quick ratio and cash ratio and firms’ financial performance as measured by return as assets, return on equity and return on capital employed and determine the interactive effects on share value of firms. Data extracted from the audited and published annual reports of twenty-one (21) firms for the period 2008 to 2019 was used for the study. The study used correlation analysis for relationship and ANCOVA modeling for interactive effects. The study found that there was a weak positive statistically significant relationship between return on assets and measures of liquidity; there was a weak positive statistically insignificant relationship between return on equity and measures of liquidity; there was a weak negative statistically insignificant relationship between return on capital employed and measures of liquidity. The study also found positive effects of liquidity and performance on share value. However, the magnitude of interactive effect of liquidity and firm’s performance was much higher that the single effects. Based on the findings, the study recommended among others that authorities in listed manufacturing firms in Ghana should try and maintain an ideal level of liquidity that can meet their firms’ operational needs
  • Item
    Ghana’s Economic Growth In Perspective
    (Department of Economics, 2010) Baafi, Joseph Antwi
    Economic growth around the world has not been equal for a long time. Some economics grow faster while others grow slower. But economists have predicted that the slower growing economics will eventually converge with the faster growing economy as some point in the future. This is known as the convergence hypothesis. In this study, we test this hypothesis for Ghana and the Western Europeans countries with UK been a proxy for these countries, using time series data to determine whether or not it holds. We determine how fast or slow this convergence process is by using the returns to scale concept on Ghana’s economy and latter account for factor that determines economic growth in sectors. The study supported the null hypothesis of convergence i.e. Ghana is catching up with the Western European countries. The study also shown that Ghana growth accounting exhibit decreasing returns meaning convergence is relatively slow and also signifies that Ghana is not on a balanced growth path (this refers to the simultaneous, coordinated expansion of several sectors of the economy). The study showed a negative relationship between GDP and labour both in the long run and short run relationship. Again the study showed a positive relationship between GDP and capital, Agric and Industrial sector. Lastly, the study showed a negative relationship between GDP and AID and Service in the long run and positive relationship in the short run.
  • Item
    Ghana’s Economic Growth in perspective: A time series approach to Convergence and Growth Determinants
    (Munich Personal RePEc Archive, 2010-05-24) Baafi Antwi, Joseph
    Economic growth around the world has not been equal for a long time. Some economics grow faster while others grow slower. But economists have predicted that the slower growing economics will eventually converge with the faster growing economy as some point in the future. This is known as the convergence hypothesis. In this study, we test this hypothesis for Ghana and the Western Europeans countries with UK been a proxy for these countries, using time series data to determine whether or not it holds. We determine how fast or slow this convergence process is by using the returns to scale concept on Ghana’s economy and latter account for factor that determines economic growth in sectors. The study supported the null hypothesis of convergence i.e. Ghana is catching up with the Western European countries. The study also shown that Ghana growth accounting exhibit decreasing returns meaning convergence is relatively slow and also signifies that Ghana is not on a balanced growth path (this refers to the simultaneous, coordinated expansion of several sectors of the economy). The study showed a negative relationship between GDP and labour both in the long run and short run relationship. Again the study showed a positive relationship between GDP and capital, Agric and Industrial sector. Lastly, the study showed a negative relationship between GDP and AID and Service in the long run and positive relationship in the short run.
  • Item
    Globalization and its influence on Economic Growth performance
    (Munich Personal RePEc Archive, 2010-09-24) Baafi Antwi, Joseph; Oppong Kwakye, Francis
  • Item
    Increasing Market Rewards for Sustainability: A Case of Private Nursing and Midwifery Colleges in Ghana
    (Journal of Economics, Management and Trade, 2019-12-21) Duodu, John Kwame; Antwi, James; Antwi , Joseph Baafi
    This study sought to examine the interplay between market rewards and sustainability of private nursing and midwifery colleges in a competitive market environment. Over the last two decades, there has been a proliferation of Private Nursing and Midwifery Colleges in Ghana. These colleges are increasingly competing with their counterparts in the public sector that receive incentives from government. Therefore, increasing market rewards of private nursing colleges is imperative for sustainability of the colleges. The study adopted a descriptive survey design using quantitative approach. Total number of respondent for this study was 142. The study uncovered that equal employment opportunities for graduates, tax holidays, subventions or support from government were the key market rewards that could lead to sustainability of private institutions. These rewards were found to have a significant relationship with sustainability of institutions. The study also discovered that, effective market rewards can lead to improvement in enrolment and attraction of local or external investors in management of private nursing and midwifery colleges to enable them compete with those in the public sector.
  • Item
    Increasing Market Rewards for Sustainability: A Case of Private Nursing and Midwifery Colleges in Ghana
    (Journal of Economics, Management and Trade, 2019) Duodu, John Kwame; Antwi, James; Antwi , Joseph Baafi
    This study sought to examine the interplay between market rewards and sustainability of private nursing and midwifery colleges in a competitive market environment. Over the last two decades, there has been a proliferation of Private Nursing and Midwifery Colleges in Ghana. These colleges are increasingly competing with their counterparts in the public sector that receive incentives from government. Therefore, increasing market rewards of private nursing colleges is imperative for sustainability of the colleges. The study adopted a descriptive survey design using quantitative approach. Total number of respondent for this study was 142. The study uncovered that equal employment opportunities for graduates, tax holidays, subventions or support from government were the key market rewards that could lead to sustainability of private institutions. These rewards were found to have a significant relationship with sustainability of institutions. The study also discovered that, effective market rewards can lead to improvement in enrolment and attraction of local or external investors in management of private nursing and midwifery colleges to enable them compete with those in the public sector.
  • Item
    Microcredit and Poverty Reduction in Ghana
    (Proceedings of the 30 th International Conference, 2022-05) Effah , Eric Sarkodie; Baafi, Joseph Antwi
    Interest in poverty sprang across the world and necessitated a worldly reduction policy strategy through the millennium development goals. The emergence of the Sustainable Development Goals (No Poverty by 2030) has taken interest in poverty to a higher level. In search for strategies to combat poverty, one strategy was common to all: microcredit. Governments, donors and NGOs around the world responded enthusiastically. In the acknowledgment of microcredit, the UN celebrated the year 2005 as a year of microcredit (Mia, 2005). As a result, microcredit as a financing instrument is perceived to be effective means against hunger and poverty (Duflao, 2007). Ghana stands visible in the area of microcredit (319 microcredit institutions as at March, 2018- BoG, 2018). However, few studies have investigated the effects of microcredit on poverty reduction in Ghana. The factors used are purely qualitative and lacks the quantitative components. Moreover, these studies viewed poverty from a single dimension and lacked nation-wide coverage. This study employs the Foster, Greer and Thorbecke (FGT) measures of poverty to provide diversified ways of measuring poverty. Also the study adopted the ordered logistic regression to analyse the effect of microcredit on poverty. It was found that amongst ten administrative regions, the incidence of poverty and poverty gap are not evenly distributed. Also, persons who take loan are likely to move into a better welfare bracket and thus reducing poverty. It is recommended it has to be the policy of the central government to educate it citizens on microcredit.
  • Item
    Model and 100 Percent Reserve System, the Free Banking System and BFH System: A Comparison among Latvia, Lithuania, Kazakhstan, and Kyrgyzstan
    (Journal of Economics, Management and Trade, 2019-10-04) Antwi Baafi, Joseph; Effah, Eric Sarkodie; Boachie, William Kwasi
    This study extends the capital-based macroeconomic theory to include international capital flow thus extending it to an open economy and analyze it in the context of the BFH system, Free banking system and 100 per cent reserve ratio. In all these, it was noticed that interest rate would barely change even though the possibility of interest rate changes was not ruled out completely. A test of these systems was conducted on Latvia, Lithuanian, Kazakhstan and Kyrgyzstan and was successful. However, it must be noted that these are just proposition as these systems are not in place at the moment. In furtherance to this, past and present monetary system used by the countries exhibited similarities to these systems, even though difference could largely be seen.
  • Item
    Perception on fair value measurement in Ghana: Evidence from account personnel
    (AFRICAN JOURNAL OF APPLIED RESEARCH (AJAR), 2016) Amanamah, Richmell Baaba; Owusu, E.K.
    The mandatory adoption of the International Financial Reporting Standards (IFRS) in Ghana, increases the use of fair value as a measurement basis for financial reporting. This is a real challenge for preparers of the financial statement, given the standards' emphasis on fair value as measures to improve the true and fair presentation of the financial statements. This study solicited the perception of Accounts personnel on fair value measurement. The study used 200 sampled respondents using purposive sampling methods from Account personnel in different sectors of Ghana's economy. Data was collected from respondents using a well-structured questionnaire. Data was analysed using descriptive statistics with the help of SPSS software. The findings indicated that 72% of Ghanaian account personnel approved fair value over historical cost because it provides useful and accurate information for economic decision making. Though, many respondents were of the view that measuring methods available were not accurate, 60% claim that majority of the assets do not have an active market making it difficult to accurately determine their fair value while 21% were neutral. Furthermore, 52% assert there is lack of skilled and qualified valuers while 60% said there is no strong regulatory body to carry out the valuation and manage the measurement methods. 47% of the respondents indicated that Ghanaian stock markets are young and not efficient; therefore, the cost of shares in most listed companies might not represent the true and fair value of the company’s shares. The results suggest that simply requiring fair value as the reported measure for financial instruments may not improve the quality of information unless appropriate estimation methods or guidance for financial instruments that are not traded in active markets can be established. The study recommends that standard setters must factor the inefficient market of developing market to enhance the efficient application of fair value measurement hence comparability.
  • Item
    Tertiary Students’ Attitude towards Entrepreneurship Education in Ghana
    (Journal of Small Business and Entrepreneurship Development, 2017) Amanamah, Richmell Baaba
    This study was carried out to assess the attitude of tertiary students towards entrepreneurship education in Ghana.The study further assessed whether there is a significant difference in respondents’ attitude towards entrepreneurship education from gender and marital status perspective. Purposive sampling was used to solicit data and information from 788 students from a tertiary institution in Ghana. Descriptive statistics and inferential statistics were used to analyse the data with the help of SPSS software. Results of the study revealed that respondents exhibit positive attitude towards entrepreneurship education. The gender variable does not display statistically significant difference with regards to the respondents’ attitude towards entrepreneurship education. However, the result of the t-test revealed statistically significant difference between married and singly respondents with respect to their attitude towards entrepreneurship education. In conclusion, students generally exhibit positive attitude toward entrepreneurship education and the unmarried students are more likely to go into entrepreneurship compared to married students. Thus, the entrepreneurship should be developed in a way that it can support unmarried students even after school.
  • Item
    The Determinants of Mergers and Acquisitions in Ghana
    (n American Journal of Economics, 2022-05) Nti , Kofi Agyeman; Joseph, Antwi Baafi; Effah , Eric Sarkodie
    Background: In this context of uncertainties and the unknown based on economic, financial, and health crises, one of the ways to save companies is the operations of mergers or acquisitions. But not all mergers bring the expected results. An Avalanche of literature has indicated several factors that promote the decision of mergers and acquisitions. Purpose: This paper aimed to investigate the determinants of mergers and acquisitions of listed firms on the Ghana Stock Exchange. Specifically, the study sought to identify and examine the relationship that exists between GDP, Inflation, FDI, Stock Returns, and interest rate on the mergers and acquisitions of listed firms, well as evaluate the failures of mergers and acquisitions in the country. Methodology: The study used an explanatory research design. The population for the study was all mergers and acquisitions between 2010-2018 totaling twenty-five (25). The study used secondary data from Ghana Stock Exchange. Using sample data spanning between 2010 and 2018, the study adopted the GMM estimation technique in its analyses. Findings: The findings from the study revealed that indeed GDP, FDI, and interest rate exhibit a positive and significant effect on mergers and acquisitions of listed firms, whilst stock returns was found to negatively impact merges and acquisitions. Inflation rate was found not significant in the analyses of the study. The study also showed that factors such as limited or no involvement from the owners, theoretical valuation vs. the practical proposition of future benefits, lack of clarity and execution of the integration process, cultural integration issues, actual cost of a difficult integration, and high cost of recovery and negotiations errors are the major causes of the failures of mergers and acquisitions in Ghana. Recommendation: The study recommends that the Ministry of Finance and Ministry of trade must put stringent policies to curb systematic risk, as well as create a conducive environment to promote the inflow of foreign investment into the country. Keywords: Determinants, Mergers and Acquisition, Generalized Methods of Moment.
  • Item
    Urban governance and planning for Economic growth
    (Munich Personal RePEc Archive, 2010-09-22) Baafi Antwi, JosephBaafi Antwi, Joseph; Oppong Kwakye, Francis
  • Item
    Western Guilt and Third World Development: Part 1
    (Munich Personal RePEc Archive, 2011-01-26) Baafi Antwi, Joseph
  • Item
    What does a Comparison between Latvia, Lithuania, Kazakhstan and Kyrgyzstan Tell about the Cognition and Institutions as Social Capital in the Extended Market Order?
    (International Journal of Science and Research, 2018) Baafi, Joseph Antwi
    This paper considers cognition and institution as social capital. Its starts from the freedom of Economic report. It was noticed that the core tenants of the freedom of Economics are deeply embedded in the core tenants of social capital which also has strong linkages to culture. Culture also relates to the mind of the people and their way of thinking, by setting the framework within which all interaction that take place can be viewed as crucial elements underlying the lives of people in the larger social existence. Quantitative indicators of culture and institutions as social capital were imputed from the World value Survey and was considered in the four countries under consideration, it was noticed that trust among Latvians though may take time but once given, is very strong. This same cannot be said for Lithuania, Kazakhstan and Kyrgyzstan. This can explain to some extent trust in public institution and high rate of economic growth in Latvia than the other countries.