THE EFFECTS OF FOREIGN BANK ENTRY ON FINANCIAL PERFORMANCE OF DOMESTIC-OWNED BANKS IN GHANA: A COMMENT
Isaac Boadi
Review of Business and Finance Studies, 2016, vol. 7, issue 2, 71-74
Abstract:
The study comments on Acheampong’s (2013) and finds that selective exclusion unit of analysis, estimation techniques errors and its justification cast a doubt on the results. This inaccurately represents the relationship between foreign bank entry and financial performance of domestic-owned banks in Ghana. Our overall evidence challenges Acheampong’s methodology claim that foreign bank entry on the financial performance of Merchant Bank Ghana Limited (MBG) and Ghana Commercial Bank Limited (GCB) in Ghana from 1975 to 2008.
Keywords: Foreign Bank Entry; Domestic-Owned Banks; Pooled Regression Analysis; Return on Assets (search for similar items in EconPapers)
JEL-codes: G1 G2 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ibf:rbfstu:v:7:y:2016:i:2:p:71-74
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