The International Journal of Business & Management

The PDF file you selected should load here if your Web browser has a PDF reader plug-in installed (for example, a recent version of Adobe Acrobat Reader).

If you would like more information about how to print, save, and work with PDFs, Highwire Press provides a helpful Frequently Asked Questions about PDFs.

Alternatively, you can download the PDF file directly to your computer, from where it can be opened using a PDF reader. To download the PDF, click the Download link above.

Fullscreen Fullscreen Off


The aim of the research is to assess the veracity of the assertion that stock returns are indicative of the financial performance of companies listed on Ghana stock exchange. Stock returns is the dependent variable, and Capital Adequacy Ratio, Asset Quality, Net Interest Margin, Earnings Per Share, Liquidity and Return on Assets are the independent variables. The financial statements of four listed banks from 2009 to 2018 were analysed. The purposive sampling technique was employed. Using SPSS version 21, multiple linear regression was run at 0.05 significance level. The hypotheses that liquidity, Asset Quality, Net Interest Margin, Return on Assets and Capital Adequacy Ratio have effect on the stock returns were rejected, leading to the assertion that stock analysts, portfolio managers and savvy investors should not rely on the above ratios in assessing the performance of the stock returns of listed banks in Ghana.


User
Notifications
Font Size