The debt policy of commercial banks is important even though they are highly leveraged entities. The obvious lack of consensus on the appropriate capital structure requires a robust research methodology to study the profitability of these entities in a developing economy. Panel data analysis provides a robust result which indicates significant reliance on short term debt by commercial banks in Ghana. The debt policy of corporate entities is a strategic decision by the board of directors which can be derived from both national and international economic realities. The fact that...
The debt policy of commercial banks is important even though they are highly leveraged entities. The obvious lack of consensus on the appropriate ...
