Analysis of the Influence of Bank Governance on Cash Holdings of Banks in Ghana
Journal Title: International Journal of Trend in Scientific Research and Development - Year 2020, Vol 5, Issue 1
Abstract
The purpose of current paper is to examine the impact of bank governance CG on cash holdings CH of universal banks in Ghana. Different characteristics of CG including board independence, board size, insider ownership and CEO duality were examined to check their impact on CH of banks. The panel data on 25 universal banks covering the period of 2009 2018 were used for the study. The panel least square repression model was utilized where the Eviews computer software version 11.0 was used for analysis of the data. The correlations analysis and Panel least square regression were used as the key analytical techniques. Findings from the study reveal that, Board size, working capital and Bank size constitute the predominant statistically significant factors that contributes to cash holdings among the universal banks. Hence Board size as significant corporate governance dimension has negative effect on cash holdings as it reduces cash holdings of the banks. The results show that CEO Duality has a positive but insignificant impact on Cash Holdings of the universal banks while board independent and insider ownership have negative but statistically insignificant influence on cash holdings of the universal banks. The study contributes to shaping the Bank governance policies for universal banks and the financial sector in the developing countries. Samuel Asubonteng | Yusheng Kong "Analysis of the Influence of Bank Governance on Cash Holdings of Banks in Ghana" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-1 , December 2020, URL: https://www.ijtsrd.com/papers/ijtsrd38139.pdf Paper URL : https://www.ijtsrd.com/management/accounting-and-finance/38139/analysis-of-the-influence-of-bank-governance-on-cash-holdings-of-banks-in-ghana/samuel-asubonteng
Authors and Affiliations
Samuel Asubonteng | Yusheng Kong
Keywords
Related Articles
- EP ID EP692344
- DOI -
- Views 151
- Downloads 0
A Situation Aware Navigation System
When emergencies happen, navigation services that guide people to exits while keeping them away from emergencies are critical in saving lives. To achieve timely emergency navigation, early and automatic detection of pote...
Techno-Economic and Environmental Analysis of Wind-Diesel Power System
This paper discusses the economic analysis and environmental impacts of integrating a photovoltaic (PV) array into diesel-electric power systems for remote villages. MATLAB Simulink is used to match the load with the dem...
Peer To Peer File Transfer with Torrent
Peer to peer data transfer received a lot of attention in recent years. A peer-to-peer network allows users to communicate or send data over a network without any server. A peer is any computer client or user. So that it...
Green Entrepreneurship in Theory and Practice: Insights from the Indian Market
The rising global concern on climate change and sustainable development has led to a paradigm shift in the Indian markets. Consumers today prefer green products over conventional products as they are growing environmenta...
A Comparative Study between Vulnerability Assessment and Penetration Testing
The Internet has drastically changed in the past decade. Now internet has more business than before and therefore there is a increase in Advanced Persistent Threat groups and Adversaries. After all the advancement in tec...