Browsing by Author "Adu, George"

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    Assessment of safety in some wood processing mills in Kumasi
    (1998-02-15) Adu, George
    A number of factors like high cost of putting in place safety measures, fear on the part of workers to push forward their demand for safety, use of obsolete machines, lack of record keeping, insufficient space, lack of proper training for workers and govemments inability to mandate safety inspectors to prosecute employers who violate safety precautions have affected safety in some of the wood processing mills in Kumasi. The others included absence of safety committees, lack of original spare parts from manufacturers, lack of maintenance for the few safety apparatus that have been provided, some workers considering the wearing of some of safety devices a bother and uncomfortable and some managements were more concerned profit than paying attention to safety and health matters of their employees. The criteria for the assessment of safety in some wood processing mills in Kumasi were based on that proposed by factory inspectorate division in factories, offices and shops Acts of 1970 and the factories (woodworking) regulations of 1959. In the analysis, order of decreasing adherence to safety measures by the plant staff included safety workers, management, operators and maintenance staff. It was observed in the field work that, wood processing machines were not safe due to incessant breakdown and reportable accident cases.
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    Does Stock Market Development Enhance Private Investment in Ghana
    (International Journal of Humanities and Social Science Research, 2016) Ofori-Abebrese, Grace; Amporfu, Eugenia; Adu, George
    The paper investigates the extent to which stock market development enhances private investment in Ghana. Quarterly times series data for the period 1991(Q1) to 2011(Q4) are used. Stock market development is proxy by market capitalization. The paper adopts the Dynamic Ordinary Least Squares (DOLS) method of estimation. The results for deposit interest rates, GDP per capita, and public investment confirm complementarity hypothesis, accelerator principle, as well as “crowding-in” effect for Ghana in the long-run in their respective cases. Market capitalization also increases private investment in the long-run. However, inflation reduces private investment. In the short-run, one quarter lag and two quarters lag values of private investment and public investment respectively increases private investment, while one quarter lag value of market capitalization reduces current levels of private investment. The paper recommends further development of the stock market since doing so will attract more investors and ultimately enhance private investment