Bank Ownership Types and Liquidity Creation
Evidence from Ghana
Bibliographic Data
| ID | 21737533 |
|---|---|
| Authors | Baah Aye Kusi (0000-0003-0920-9866, University of Ghana, corresponding author), Maryam Kriese (University of Professional Studies), Gladys A A Nabieu (0000-0001-8583-1679, University of Professional Studies), Elikplimi Komla Agbloyor (0000-0003-3945-5224, University of Ghana), Elikplimi Kombla Agbloyor (University of Ghana Business School) |
| Year | 2022 |
| Volume | 23 |
| Issue | 3 |
| Pages | 568-586 |
| Publication date | 2022-07-03 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of African Business (JOURNAL) |
| Journal identifiers | ISSN: 1522-8916 • E-ISSN: 1522-9076 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/15228916.2021.1889872 |
| OpenAlex | W3133627766 |
| Language | EN |
| Citations received | 2 |
| References cited | 36 |
In this study, we examine bank liquidity creation and the effect of ownership types on liquidity creation in Ghana for the first time. The study employs data on 26 banks obtained from Bank of Ghana between 2006 and 2016. Three panel estimation strategies including two-step GMM, Hausman-Taylor and Fixed effect models are employed to arrive at the findings. Employing the narrow liquidity creation computation approach, the results show that average bank liquidity created within the 11-year period consistently increased over the period and reported the highest liquidity created in 2016. Interestingly, when considering bank ownership types, listed, state-owned and foreign-owned banks report the highest average liquidity created compared to their unlisted, privately owned and locally owned counterparts, respectively. Employing regression models, the study finds that foreign and privately owned banks are less likely to create more liquidity compared to their locally and state-owned bank counterparts implying that state-owned and locally owned (domestic) banks create more liquidity. These results imply that while there is much room for creating more liquidity, policymakers may hasten liquidity creation through locally and state-owned banks and at the same time designing policies that entice foreign and privately owned banks to create more liquidity which is good for economic growth
Accounting liquidity · Business · Econometrics · Economics · Financial system · Liquidity crisis · Liquidity risk · Market liquidity · Monetary economics · Panel data · Banking stability, regulation, efficiency · Islamic Finance and Banking Studies · Microfinance and Financial Inclusion
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| Unique citing works | 2 |
|---|---|
| Citations per year | 0,5 |
| Citation span | 2022 - 2025 (4) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 2 |