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- W3172913681 abstract "This study examines the factors that influence the performance of listed banks and the impact of on Ghana's economic growth. The study used panel data from GCB Bank, HFC Bank, Ghana Economic Bank (EBG), SG-SSB Bank and CAL Bank for the period 2010 to 2019. The Hausman test for panel regression was employed to determine the best method between the fixed effect and random effect models. The results of the Hausman test show the fixed effect was the most efficient method of estimation. The findings of the fixed effect model show that liquid assets to short term liability and non-performing loan ratio have significant negative effect on return on assets. Furthermore, non-interest expense income, return on assets and return on equity have high significant impact on economic growth. Capital adequacy ratio on the other hand adversely affect economic growth. The positive result of the profitability measures explains how a good financial sector can affect the state of an economy. The study therefore suggests that stakeholders, policymakers and Governments must implement pragmatic policies and enforce existing ones to encourage financial institutions to maintain disciplined and profitable management practices." @default.
- W3172913681 created "2021-06-22" @default.
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- W3172913681 date "2021-06-04" @default.
- W3172913681 modified "2023-09-22" @default.
- W3172913681 title "The Impact of the Performance of Listed Banks on Their Profitability and Economic Growth of Ghana" @default.
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