Predicting Corporate Financial Success: An Analysis of Factors from the Ghana Stock Exchange
Keywords:
Corporate Financial Performance, Ghana Stock Exchange, Predictive FactorsAbstract
This study, Predicting Corporate Financial Success: An Analysis of Factors from the Ghana Stock Exchange, investigates the key factors influencing corporate financial performance among listed companies on the Ghana Stock Exchange (GSE). In the context of emerging economies, understanding the drivers of financial success is crucial for investors, policymakers, and business leaders. This research employs both quantitative and qualitative methods to identify and analyze the predictors of financial performance, focusing on variables such as company size, profitability ratios, capital structure, market liquidity, and macroeconomic factors. Using financial data from 50 publicly listed companies on the GSE over a 10-year period (2010–2020), the study applies multiple regression analysis to establish the relationships between these factors and corporate financial outcomes. The findings indicate that company size, leverage, and market liquidity are significant predictors of financial performance, while macroeconomic conditions, such as inflation and interest rates, also play a crucial role. This study offers valuable insights into the unique dynamics of corporate performance in Ghana’s stock market and provides recommendations for businesses and investors aiming to enhance financial success in the region.
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