The study investigates the mediating role of entrepreneurial opportunity recognition on the relationship between entrepreneurial attitude and entrepreneurial intention among university students in Ghana. A structured questionnaire was administered to 500 university students in Ghana, and the data collected was analyzed using Amos. Structural equation modeling (SEM) was used to assess the hypothesized paths. The result indicated that entrepreneurial attitude had a substantial positive impact on both entrepreneurial intention and opportunity recognition among university students in Ghana. The result further indicated that entrepreneurial opportunity recognition positively affected university students' entrepreneurial intention. The study further illuminated that entrepreneurial opportunity recognition mediated the relationship between entrepreneurial attitude and entrepreneurial intention. This implies that an entrepreneurial attitude increases the chances of opportunity recognition and self-employment propensity in Ghana. The study suggests that students should cultivate an entrepreneurial mindset and develop a healthy attitude toward entrepreneurship, enhancing the chances of identifying and pursuing business opportunities. The study contributes to the literature by focusing on and highlighting innate attributes that can possibly contribute to self-employment propensity.
The nexus between corporate social responsibility (CSR) and corporate governance (CG) has received negligible attention in emerging economies (Zaman, Jain, Samara, & Jamali, 2022; Jahid, Rashid, Hossain, Haryono, & Jatmiko, 2020). This study examines the relationship between CG and CSR in emerging economies. This study used a survey method to collect data from 220 top executives of selected firms in Ghana using questionnaires. The collected data were analyzed using Amos software. Structural equation modelling (SEM) was used to test the hypothesis. The study employed upper echelons theory to build the theoretical foundation and demonstrated that CG is a predominant predictor of CSR. As a result, the findings of the study show that CG has an important influence in catalyzing or curtailing CSR initiatives. Firms that pursue quality CG systems and practices are more likely to pursue better CSR initiatives. The implication for firms is that they need to carefully constitute CG systems and structures as they significantly enhance CSR implementation. Firms that want a better outcome from CSR programs must prioritize the implementation of CG systems and procedures that promote reciprocal exchanges with stakeholders. This study is among the first to examine the interdependency of CG and CSR in Ghana using the upper echelons theory
This study aimed to investigate the connection between exchange rate volatility and economic growth in Ghana. The study applied descriptive statistical analysis, regression analysis, and correlation analysis to analyze the data spanning from the year 2000 to 2020. The study discovered that the actual exchange rate exhibits clustering volatility, which means that a period of large (small) fluctuations in the exchange rate shock is followed by large (small) fluctuations over a longer time. Negative correlations were found between exchange rate volatility and trade openness, government expenditure, money supply, foreign direct investment (FDI), output, and domestic credit to the private sector, among others. It was determined that exogenous variables such as terms of trade, domestic money supply, government expenditure, and capital flows affected exchange rate volatility over the long term, which was consistent with the findings of other studies (Rasheed, Ishaq, & Malik, 2022; Barguellil, Ben-Salha, & Zmami, 2018). The study also indicated that exchange rate volatility had a negative effect on economic growth. In all, most of the effects are felt at the end rather than in the short run. The government should encourage the diversification of industries by encouraging industrialization to boost export as a way of offsetting our huge imports. There must be a tightening of the monetary policy through raising interest rates to keep inflation at bay.
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