1Edward Domina Attafuah | 2David Ackah (PhD)
1School of Finance & Financial Management | Business University of Costa Rica
2School of Business | Central University of Nicaragua
Email: edwardattafuah12@gmail.com | drackah@ipmp.edu.gh
Abstract
The study examines the repercussions facing the Ghana Stock Exchange. It also sought to discover the level of public awareness of the Stock Exchange and further ascertain the accessibility of the prospects on the Stock exchange. This paper includes the descriptive survey design. Stratified and simple random, sampling methods were also use for this research. Questionnaire were administered to gather data from listed corporations, unlisted corporations, Staff of Ghana Stock Exchange and individual investors. Descriptive analysis was carried out. The outcome revealed that the investor’s anticipated positive performance compared to the actual performance of the Exchange. Furtherance to this, main challenges facing the Ghana Stock Exchange (GSE) are liquidity issues, poor patronage by Ghanaian corporations, low salaries, stern principles and poor media care. However, the prospects embrace safe and sound political atmosphere for investment and satisfactory tax policies. Thus the government needs to take real practical measures to enhance the market in order to improve investors’ confidence. The media report more on Stock trading activities. and also include Stock market and trading activities into the Ghanaian educational curriculum so that before student gets into senior secondary school, the awareness would have been created.
Keywords: Ghana Stock Exchange, stock listing, listed corporations, unlisted corporations, firm performance
