Browsing by Author "Kwarteng Foster Amaning"

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    Sustainability reporting and its implications for financial performance of listed banks in sub-Saharan Africa
    (KNUST, 2023) Kwarteng Foster Amaning
    The purpose of this research was to look into the level of Sustainability Reporting by listed banks in Sub-Saharan Africa using the GRI 2016 framework and to identify any existing relationship between sustainability reporting and financial performance of the listed banks. Ex-post facto study approach was used in this study. Financial statements and annual reports of the banks for a period of three years; 2018 to 2020 were studied to compile the data. The sustainability reporting score based on Global Reporting Initiative standards was developed using content analysis. The study analyzed annual reports from fifty-four listed banks in ten Sub- Saharan African countries. This culminates into 162 observations of the study model. For the estimation, the study used the Ordinary Least Square Regression Method. The study also reveals that banks perform worse when environmental disclosure is made. Similar results were found in the study about the effects of social and environmental transparency on bank performance. The study discovers that a measure of the three disclosures; environmental, social, and economic improves the financial performance of banks. Leverage and cost to income ratio have a beneficial impact on a bank's performance, however bank size has a negative effect. According to the study's findings, banks would perform better if the three disclosures were combined