Browsing by Author "Fosu, Samuel"
Now showing items 1-12 of 12
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Bank opacity and risk-taking: Evidence from analysts’ forecasts
Fosu, Samuel; Ntim, Collins G.; Coffie, William; Murinde, V. (Article)We depart from existing literature by invoking analysts’ forecasts to measure banking system opacity and then investigate the impact of such opacity on bank risk-taking, using a large panel of US bank holding companies, ... -
Banking competition in Africa: Subregional comparative studies
Fosu, Samuel (Article)This paper examines the extent of banking competition in African subregional markets. A dynamic version of the Panzar–Rosse model is adopted beside the static model to assess the overall extent of banking competition in ... -
Capital structure, product market competition and firm performance: Evidence from South Africa
Fosu, Samuel (Article)This paper investigates the relationship between capital structure and firm performance, paying particular attention to the degree of industry competition. The paper applies a novel measure of competition, the Boone ... -
Corporate governance and dividend pay-out policy in UK listed SMEs: The effects of corporate board characteristics
Elmagrhi, M.H.; Ntim, Collins G.; Fosu, Samuel; Crossley, R.M.; Vu, T.V. (Article)Purpose: This paper examines the extent to which corporate board characteristics influence the level of dividend pay-out ratio using a sample of UK small and medium-sized enterprises (SMEs) from 2010 to 2013 listed on the ... -
Corporate Multinationality and Acquirer Returns
Agyei-Boapeah, H.; Fosu, Samuel; Ntim, Collins G. (Article)This paper provides evidence on how corporate multinationality from the perspective of acquiring firms relates to M&A returns. Using multivariate regressions and a large dataset of over 6,000 M&As (both cross-border and ... -
Credit information, consolidation and credit market performance: Bank-level evidence from developing countries
Fosu, Samuel (Article)Paying particular attention to the degree of banking market concentration in developing countries, this paper examines the effect of credit information sharing on bank lending. Using bank-level data from African countries ... -
Environmental Policy, Environmental performance and financial distress in China: Do top management team characteristics matter?
Ntim, Collins G.; Fosu, Samuel; Shahab, Y.; Chengang, Y.; Ullah, F. (Article)This study investigates the effect of environmental performance that is driven by good environmental policies, regulations and management on firm’s financial distress, and consequently, ascertains the extent to which top ... -
How does banking market power affect bank opacity? Evidence from analysts' forecasts
Fosu, Samuel; Danso, Albert; Agyei-Boapeah, H.; Ntim, Collins G.; Murinde, V. (Article)Whilst the ongoing banking regulatory reforms towards a comprehensive Basel III framework emphasise bank transparency, disclosure and a competitive banking market environment, very little is known about the empirical ... -
Information Asymmetry, Leverage and Firm Value. Do crisis and growth matter?
Fosu, Samuel; Danso, Albert; Ahmed, Wasim; Coffie, William (Article)Drawing on pecking order and agency cost theories, we assess the extent to which information asymmetry is an important determinant of firm value and the extent to which this relationship is conditional on the leverage level ... -
Leverage and firm investment: the role of information asymmetry and growth
This paper demonstrates how financial leverage impacts firm investment and the extent to which this relationship is conditional on the level of information asymmetry as well as growth. The paper relies on data from 2403 ... -
Multifactor explanation of security returns in South Africa
Fosu, Samuel; Coffie, William; Chukwulobelu, O. (Article)This paper evaluates the performance of the Fama and French threefactor model in South Africa for individual securities. We employed a multivariate time series methodology similar to Fama and French. The empirical results ... -
Trustee board diversity, governance mechanisms, capital structure and performance in SMEs: The case of UK Charities
Elmagrhi, M.H.; Ntim, Collins G.; Fosu, Samuel; Abongeh A. T.; Malagila, J.; Tunyi, A.A. (Article)Purpose: This paper examines the extent to which corporate board characteristics influence the level of dividend pay-out ratio using a sample of UK small and medium-sized enterprises (SMEs) from 2010 to 2013 listed on the ...