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- ItemThe influence of Foreign Direct Investment (FDI) on the economic growth of Ghana (1992-2014)(2016-11-21) Ankrah, Festus AkuettehThe impact of foreign direct investment (FDI) on the economic growth of host economies has attracted significant debate in the literature with empirical evidence being inconclusive. Ghana FDI inflow has shown mix trends over the year. This paper aims to study the relationship between FDI and economic growth in Ghana for the period 1992-2014 using time series data. The data used in this study was mainly secondary data collected from the period, 1992 to 2014 consisting of yearly observations for each variable. The real GDP growth and foreign direct investment net inflows as percent of GDP (FDI ratio) data were taken from the World Banks World Development Indicators 2014 The study employs the cointegration, Vector Error correction Model (VECM) and the Granger causality testing to empirically examine the relationships and directional relationships between the variables. The study establishes that a long-run equilibrium and causal relationship exists between the dependent variable; Real Gross Domestic Product and the independent variables under consideration namely, Trade openness, Interest Rate, Inflation and Government Size. It was determined that in the short-run, effects of FDI, Trade Openness, Inflation and Interest Rate volatility on RGDP are significant while the Government Size volatile on RGDP is nearly imaginary. The significance of the FDI variable in the equation is an indication the FDI affects the macroeconomic economy. As a consequence, FDI promotion policies should be adjustment to bring more investment to the country which then translates into high economic growth in the Ghanaian economy. Future research in this area should focus on the impact of FDI on the various sectors of the economy in Ghana. This builds on the findings on this study and helps inform policy makers in shaping FDI polices for the various sectors of the economy.
- ItemThe impact of information and communication technology on the operation of small and medium scale enterprises(2016-11-17) Chinaza, Uchegbu FavourThe purpose of this thesis work is to investigate on the impact of ICT on the operations and performance of some selected SMEs in Kumasi and to examine the impact, the factors that affect or prevent SME's from adopting ICTs in their business...
- ItemOrganizational change as a tool for enhancing organization development. A case study of Coca-Cola Bottling Company Limited.(August, 2015) Donkor, StephenChange is seen as an essential ingredient for the growth and development of organizations. The purpose of the study was to assess change as a tool for enhancing organizational development in Coca Cola Bottling Company Ltd. In terms of methods, a Case study explanatory design was adopted for the study. The mixed approach was used in analyzing the data for the study. Sources of data were from both primary and secondary sources. One hundred and fifty of management, staff and customers (suppliers) of Coca Cola Bottling Company Ltd were sampled for the study. The results of the study indicated that Coca Cola Bottling Company Ltd has undergone some changes. Some of the changes were: changes in line of reporting, changes in the parking of finished products, reshuffling of employees and management and introduction of new product line. Both management and employees were involved in the decision for change process. It was established that most commonly used measures for the achievement of results are effective communication, employees’ commitment, leadership effectiveness, employees’ care, sense of accountability, customer centricity and organizational learning and innovation. It was also seen that high ranking officials of Coca Cola Bottling Company Ltd. resist to changes that will affect them but employees believe that the change will have great significant impact on the company. Junior employees, however, felt that their involvement for the change was significant and should be encouraged. The study recommended that top managements should be sensitized on the importance of accepting organizational change. Change embraced by the company should be in line with the trend in technology. The company should also monitor measures for effective implementation of change to ensure high level of productivity.
- ItemAn empirical analysis of the effect of exchange rate on foreign direct investment in Ghana(2016-10-25) Amoah, ErnestIn spite of the several policies being implemented by the government of Ghana to enhance the flow of FDI into the economy, available data indicates that the level of FDI inflows has also been falling. This is worrying for a nation like Ghana which depends so much on FDI for growth and development. In the same vein, the exchange rate of the Cedi to major trading currencies has also been increasing. This is a key factor which most foreign investors before embarking on an investment in a nation, take into consideration. This call for this study which seeks to analyse the effect that exchange rate has on foreign direct investment in Ghana using annual time series data covering the period 1980 to 2013. The study employs the ARDL technique to empirically ascertain the long run and short run relationship between the variables. The study finds that exchange rate has a negative effect on foreign direct investment inflows in Ghana both in the long run and short run. However, the negative effect of exchange rate on FDI is only statistically significant in the short run. This shows that a depreciation of the Ghanaian cedi brings about a decrease in the FDI inflows into the economy. Therefore, to ensure high FDI inflows into the economy, there i s the need for the central Bank of Ghana to embark on a contractionary monetary policy in order to reduce money supply in the economy. The decrease in money supply would bring about an increase in interest rate and hence make domestic interest bearing assets more lucrative. This will cause both local and foreign investors to demand these interest bearing assets which in turn brings about an increase in the demand for the cedi. The resultant effect would be an appreciation of the Cedi and hence an increase in FDI inflows.