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Stock market volatility of listed Banks on the Ghana stock exchange
A Thesis Submitted To The Department Of Accounting And Finance In Partial Fulfillment Of The Requirement For The Degree Of Master Of Business Administration
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| Format: | Thesis |
| Language: | English |
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KNUST
2025
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| _version_ | 1867613134039023616 |
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| access_status_str | Open Access |
| author | COFFIE – SAM, MARK |
| author_browse | COFFIE – SAM, MARK |
| author_facet | COFFIE – SAM, MARK |
| author_sort | COFFIE – SAM, MARK |
| collection | Thesis |
| description | A Thesis Submitted To The Department Of Accounting And Finance In Partial Fulfillment Of The Requirement For The Degree Of Master Of Business Administration |
| format | Thesis |
| id | oai:ir.knust.edu.gh:123456789/16165 |
| institution | KNUST (Ghana) |
| language | English |
| last_indexed | 2026-06-10T12:31:18.486Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana) |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | KNUST |
| publisherStr | KNUST |
| record_format | dspace |
| source_str | KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana) |
| spelling | oai:ir.knust.edu.gh:123456789/16165 Stock market volatility of listed Banks on the Ghana stock exchange COFFIE – SAM, MARK A Thesis Submitted To The Department Of Accounting And Finance In Partial Fulfillment Of The Requirement For The Degree Of Master Of Business Administration This study focuses on stock market volatility of listed banks on the Ghana Stock Exchange and aims to apply Exponentially Weighted Moving Average models to determine the share price volatility of these banks. The study uses daily time series data spanning from 1st January, 2015 to 31st December, 2015 which represents 246 daily observations of nine banks listed on the Ghana stock exchange. The results indicate that, the share prices of Ghana Commercial Bank, CAL Bank, Ecobank Ghana, Societe Generale-Social Security Bank, and Standard Chartered Bank were fairly stable over the 12-months period. However, the share price volatility of HFC, Unique Trust Bank, Ecobank Transnational Incorporation and Trust Bank Limited were the most volatile among all the nine commercial Banks share price volatility studied. To increase the value of their share prices, management of HFC, Unique Trust Bank, Ecobank Transnational Incorporation and Trust Bank Limited should advance in technological novelty. This, in effect, can lead to strong profit growth and eventually will improve their share prices. The study also indicated that, there was a correlation between the banks listed on the Ghana Stock exchange. When the share price of one bank increases, there is a corresponding increases of share price of another. With this, investors are adviced not change their asset allocation in their shares of banks listed in Ghana. In order to increase the value of shareholders, management of banks listed on Ghana stock exchange should try as much as possible to expand into areas of which they have competitive advantage. KNUST 2025-02-08T16:42:52Z 2025-02-08T16:42:52Z 2016-11 Thesis https://ir.knust.edu.gh/handle/123456789/16165 en application/pdf KNUST |
| spellingShingle | COFFIE – SAM, MARK Stock market volatility of listed Banks on the Ghana stock exchange |
| title | Stock market volatility of listed Banks on the Ghana stock exchange |
| title_full | Stock market volatility of listed Banks on the Ghana stock exchange |
| title_fullStr | Stock market volatility of listed Banks on the Ghana stock exchange |
| title_full_unstemmed | Stock market volatility of listed Banks on the Ghana stock exchange |
| title_short | Stock market volatility of listed Banks on the Ghana stock exchange |
| title_sort | stock market volatility of listed banks on the ghana stock exchange |
| url | https://ir.knust.edu.gh/handle/123456789/16165 |
| work_keys_str_mv | AT coffiesammark stockmarketvolatilityoflistedbanksontheghanastockexchange |