Abstract
This paper investigates the effect of corruption on bank profitability in Ghana using bank-level dataset spanning 2008 to 2017. By employing the system Generalized Method of Moments (GMM) technique...
Highlights
In both developed and developing countries, corruption is generally recognized as a persistent phenomenon that needs to be eliminated (Aliyev, 2015; Round, Williams, & Rodgers, 2008)
The study included monetary policy rate (MPR) and inflation serving as macroeconomic variables, in which data was obtained from the Bank of Ghana
This paper investigates the effect of corruption on bank profitability in Ghana
Summary
In both developed and developing countries, corruption is generally recognized as a persistent phenomenon that needs to be eliminated (Aliyev, 2015; Round, Williams, & Rodgers, 2008). High level of corruption is widely believed to have a negative impact on economic growth and countries’ development (Li, Xu, & Zou, 2000; Méndez & Sepúlveda, 2006). Some argue that corruption drives commerce and may have a significant impact on economic development (Becquart-Leclercq, 1989; Huntington, 2006; Méon & Weill, 2010). Ibrahim Nandom Yakubu has graduated from the University of Professional Studies, Ghana with BSc. in Banking and Finance (First Class Honours). He received his MSc. in International Business from the Liverpool Management School, University of Liverpool, UK. His research focuses on banking, corporate finance, and international business
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