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- ItemAssessing corporate governance practices in selected microfinance institutions in Ghana(September, 2015) Yankah, Nana Kojo EnyanMicrofinance institutions (MFIs) are playing an increasing role in the delivery of financial services to SMEs in Ghana. They have proven to be a powerful tool for promoting inclusive economic growth and employment generation. However, events such as huge financial scams by Onward Investment Limited in 2012, the PYRAM case and the seemingly bankruptcy of Noble Dreams Financial Services have raised many questions about trust, credibility and governance issues in the financial sector. This study therefore sought to assess governance practices in some selected Microfinance institutions in the Ashanti Region. The research was descriptive in nature. It combined both quantitative and qualitative approaches in the data analysis. The population comprises 170 “Tier 2” Microfinance Institutions operating in the Ashanti region out of which a sample of 4 institutions with a total of 116 respondents were chosen using convenience sampling technique. The main data sources included both primary and secondary. At the end, the study found some conflict of interest situations resulting from the fact that majority of CEO’s in the selected MFIs doubled as chairs of their board. Again the study found that many Microfinance institutions in the Ashanti Region did not have structured policies for reviewing CEOs compensations and performance. Reducing owner concentration was also identified as the most important variable in improving governance practices within MFIs. To address the challenges enumerated, the researcher recommends that MFIs review the role and contribution of non-executive directors to ensure that all directors have a sound understanding of the company’s operations. It is also important to ensure that directors have access to all the information required to function effectively. Auditing of financial statements must be tightened to meet the agreed International Accounting Standards.
- ItemThe impact of human resource management practices on Teachers’ turnover in private basic Schools: A case study of some selected Schools in Obuasi Municipality(2014-07-24) Akaadom Kwasi, EricThe purpose of the study was to ascertain the impact of human resource management practices on teachers’ turnover intention in basic private schools in Obuasi Municipal Assembly. Specifically, the study sought to assess the impact of human resource management practices on teachers’ turnover intention, and to evaluate the human resource practices, which correlates high with teachers’ turnover, and draw comprehensive measures that can be adopted to improve HRM practices and reduce employee turnover intention. The study was a descriptive cross-sectional case study and exploratory design using quantitative method. A multi-stage sampling method was used to select 200 teachers, head teachers and proprietors to participate in this study. The data were gathered by administering structured questionnaires. The data was analysed using Statistical Package for Social Sciences (SPSS) version 18. The results indicated that performance appraisal and training and development were the most commonly used human resource management practices (mean of 3.16 and 3.00 respectively). Results of regression analysis indicate that much of the variation in the dependent variable is explained with adjusted R-square of 0.152 and Fvalue of 6.770 (p = 0.000) indicating that human resource management practices has an effect on teachers’ turnover. The results of the stepwise multiple regression analysis indicated that employer-employee relationship and performance appraisal were the two human resource management practices that had greater influence on teachers’ turnover. They explained about 15% of the variation in teachers’ turnover.
- ItemThe effect of organisational structure on project performance: the case of Aga Ltd.(2011) Aniagyei, WinfredGold production for Anglogold Ashanti Ltd- Obuasi Mine (AGA Ltd) has declined significantly in recent times. One of the strategies adopted to make the mine sustainable is by implementing capital projects in order to meet the medium and long term goals. However studies have shown that an appropriate organisational structure is contingent upon the type of work performed and the environment in which the organisation conducts its’ Business. Hence the major objective of the study is to examine the relationship between the organisational structure and the performance of projects in AGA Ltd-Obuasi. The research adopts an inductive case study approach with both qualitative and quantitative research method for collecting and analysing the data. Sample of the various categories of workers was taken from the Company’s total population using convenience and purposive sampling techniques. Interviews and questionnaires were employed as the main tool of data collection for the study. A Crosstab analysis was adopted for the analyses of the relationship. The study found out that the organisational structure in place of AGA Ltd-Obuasi is mechanistic which relates to projects in a very weak matrix structure due to the nature of its operations, the strategy adopted, the size of the company and the need to respond rapidly to the dynamic complexity of the external environment. However this structure is the source of major problems in implementation of projects as the study revealed and concluded that some of the organisational structure related factors significantly impact inversely to the categories of the key performance index namely time, cost and quality. Based on this, a ‘projectised’ structure i.e a project structure was recommended to be adopted among other recommendation made by the study.
- ItemThe impact of training and development on job performance (A case study of the Judicial Service of Ghana)(2009-08-05) Kennedy, JosephThe Judicial Service of Ghana as a Public Service Institution is the organ responsible for the day to day administration of the Courts and Tribunals of the land. To achieve the above function of the Judicial Service of Ghana, part of its budgetary allocation has been earmarked solely for training of judges, magistrates and judicial staff to enhance their capacity to perform their duties effectively and efficiently so as to achieve the vision and mission statements of the Service. To this effect, the judicial training institute which has the mandate to promote effective training of judges, magistrates and judicial staff, has over the years conducted and continue to provide training to judges, magistrates and judicial staff to build their capacity to perform their functions effectively. Notwithstanding the huge investment in training by the Judicial Service of Ghana, the service is confronted with a lot of challenges in achieving its vision and mission statements. These challenges include delays in the processing of court cases and the need to constantly upgrade the skills of judicial staff, judges and magistrates to cope with new trends in efficient justice delivery. This study seeks to evaluate the impact of the huge investment made in training on job performance of judicial staff. The researcher used both primary and secondary sources of for the conduct the research. The research findings revealed that the training conducted by the Judicial Service of Ghana for its employees was very negligible. The research further recommends that the frequency of Training provided by the Judicial Service of Ghana should be improved to ensure that more employees have access to Training and Development. Again, Training and Development offered by the Judicial Service of Ghana should ensure a better understanding of the Mission and Vision statement of the Judicial Service of Ghana so that, employees can identify themselves with the organizational values in the discharge of the duties.