1 |
Author(s):
Adeyemi Aderin.
Page No : 1-20
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Modelling Financial Distress in the Nigerian Banking Sector
Abstract
The study seeks to develop a model for bank sustainability through the prediction of
financial distress in the Nigerian banking sector, which could also find applicability for
the entire Africa region. The banking sector in any economy is largely important due to its
ability to redistribute funds from the surplus segment to the deficit segment of the economy,
hence, developing a distress model to predict financial distress in the banking sector helps
to enhance the sustainability of corporate financial institutions in Africa. The study utilises
a total of 2,205 point-observations consisting of a balanced sample of distressed and
non-distressed banks. The analysis involves the use of the multiple discriminant analysis
in developing a model for the accurate prediction of financial distress among Nigerian
listed banks, necessitated by the inherent shortcomings in extant prediction models. The
study achieves its goal of accurate distress prediction by developing a concise model that
adequately predicts financial distress among Nigerian banks with a success rate of 91.4%
and has high predictive ability for long range distress forecasts extending beyond five years.
It is recommended that relevant regulatory authorities should experiment this new model
in testing the ‘health’ status of banks at the end of every financial year to ascertain their true
state of affairs. This will assist in taking proactive measures to guide against any form of
inherent anomalies which could snowball into disastrous outcomes.
2 |
Author(s):
Deborah Ama Duker, Edward Badu, Anita Odame Adade-Boateng.
Page No : 22-38
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A Review of the State of the Art on Health and Safety Management in Ghana
Abstract
The construction industry plays an important role in contributing to the economy and
development worldwide. The state of affairs concerning health and safety in the construction
industry needs attention. In most countries, the industry is the second largest contributor
to Gross Domestic Product (GDP) after agriculture. However, despite the importance of the
construction industry for the national economy, the activities in the industry sadly pose
serious health and safety risks to workers and users of construction facilities. The study
therefore aims to examine the health and safety management practices relating to construction
operatives. A comprehensive review was conducted using Scopus, Web of science, Litmaps
and Research Rabbit databases to examine the health and safety management practices of
construction operatives in the last two decades. Content analysis was conducted using the 17
documents retrieved from the database search. The study identified behaviour and attitude
of workers towards safety, communication, training and safety programmes as the main
findings. The study provides practical knowledge to construction stakeholders in minimising
health and safety risk to construction operatives to ensure sustainability. It will also help the
scientific community to know what still needs to be done to further advance knowledge on
health and safety management practices.
3 |
Author(s):
Emmanuel Mends Fynn, De-Graft Owusu-Manu, Michael Adesi, Bismark Duodu.
Page No : 39-60
|
Stakeholder Management In The Sustainability Of Corporate Social Responsibility Projects – A Systematic Literature Review
Abstract
Firms employ corporate social responsibility (CSR) to influence stakeholder perceptions and
positively induce desirable business outcomes. The mechanism through which stakeholder
management affects the sustainability of CSR projects has been under-explored despite
the burgeoning literature on corporate social responsibility. In response, we systematically
review empirical studies on stakeholder management in the sustainability of corporate
social responsibility (CSR) projects to assess the status quo of literature to inform future
direction in this study area. Four databases, including Scopus, Web of Science (WOS), Ebsco
Host and Google Scholar, were searched to identify relevant articles published over the last
two decades (January 2000 to November 2023). Peer-reviewed journal publications were
systematically reviewed to come up with the findings of this study. The findings highlight that
firms practice stakeholder management as part of delivering CSR projects. It also revealed
the complexity of stakeholder management within the various sectors, with its stakeholder
pool affecting CSR project sustainability. However, there is a need for more evidence of
this finding since there were only a few relevant empirical publications in the literature
to support this position. The study will draw CSR practitioners’ attention to the fact that
comprehensive stakeholder management is essential for the sustainability of CSR projects.
This study used the systematic review based on clearly defined transparent processes and
criteria to aggregate knowledge on the status quo of stakeholder management to ensure the
sustainability of CSR projects.
4 |
Author(s):
Jerry Junior Gyimah, Daniel Adu-Gyamfi, Victor Karikari Acheamfour, Ernest Kissi, Theophilus Adjei-Kumi, Deborah Ama Duker.
Page No : 60-82
|
Assessing Barriers to Sustainable PublicWorks Procurement Compliance at the Tender Evaluation Stage in Ghana
Abstract
Existing studies indicate that the construction sector is critical to the integration of
sustainable public-works procurement towards the achievement of the Sustainable
Development Goals 12.7 (SDGs). However, significant impediments to effective and efficient
compliance with sustainable public-works procurement exist. The focus of this study is to
identify the specific barriers to compliance with Sustainable Public-works Procurement.
Through a scientific literature review and questionnaire survey, seventeen (17) barriers
were identified and analyzed using the Principal Component Analysis (PCA) variant of factor
analysis to assess the significant barriers to sustainable public-works procurement. Four
clusters of factors were concluded as critical barriers to compliance with sustainable publicworks procurement at the tender evaluation stage. (1) sustainable adaptability cluster; (2)
managerial challenges cluster; (3) knowledge incapacity cluster; and (4) legal, policy, and
evaluation cluster. The study presents a basis for experts along with researchers to appreciate
the barriers to compliance and the need to improve compliance with sustainable publicworks procurement in Ghana. The study adds to the pool of knowledge and provides the
first survey on the specific barriers that inhibit compliance with sustainable public works
procurement at the tender evaluation stage in Ghana.
5 |
Author(s):
Patricia Kio.
Page No : 83-95
|
Circular Immersive Parametric Design Workflow for Sustainable Construction Materials Development
Abstract
Universities can play an essential role in educating students on Building and Information
Modelling before they enter the construction industry. Educating students is related to
technological constraints against which researchers and BIM providers face as they accelerate
the process of compatibility and data exchange in BIM workflows. Revit is a leading BIM
platform and works with Enscape, Unity, and other software for translation. Subsequently,
virtual environments have been implemented successfully in residential and commercial
projects However, in Sub-Saharan Africa, the potential for BIM and virtual reality (VR) are
still unexploited for the realization of construction projects. The use of new technologies
could increase the willingness of construction professionals to use BIM. This paper presents
an innovative workflow towards sustainable construction material application through
VR-enabled BIM for architecture, engineering, and construction (AEC) industries towards
improving circularity. Students applied BIM and VR in a Building Design course.
Therefore, this study introduces a workflow for circular immersive parametric design
(CIPaDe). The CIPaDe Workflow includes stages of 1) material selection for load-bearing and
non-loadbearing elements 2) geometry exploration and 3) unit and systems design applying
modular design, design for disassembly, and design for deconstruction principles. There is
sufficient evidence that the use of BIM and VR in AEC education environments is desirable
and beneficial. The proposed CIPaDe, BIM-into-VR-based workflow is expected to improve
students’ learning performance, provide an environment similar to the real world, increase
the visualization of models before they were built, and enhance their creativity.
6 |
Author(s):
Chinwe V. Ogunji, Micheal Onwumere, Chibuikem Ohanaka, Rachael Ogbonna, Johnny O. Ogunji.
Page No : 96-110
|
Health Consequences of Climate Change on Education and Sustainable Development
Abstract
Education is a catalyst for the development of every country hence the need for quality
education of the youths who shall become leaders of tomorrow. When students’ health
is threatened by the immediate and long term impacts of climate change, their education
is undermined, as such the sustainable development strides of the nation becomes
compromised. Nations are vulnerable to climate change impacts given the vagaries of
climate conditions they experience. The present study investigated the health consequences
of climate change on secondary school students in Ebonyi State. Following a descriptive
survey design, 400 Senior Secondary School two (SS11) students were randomly sampled
out of 8,376 students in Onueke Educational Zone, Ebonyi State, South-Eastern Nigeria. An
adapted instrument with a reliability coefficient of 0.87 was used for this study. Responses
were tabulated and categorized using descriptive statistics while hypotheses were tested
at p < 0.05 level of significance. Findings from the study revealed that changing rainfall
patterns, drought and high temperature impact negatively on their health causing serious
health challenges like lack of concentration in the class, sleeping disorder and sicknesses resulting from bacterial infection, etc. Based on the findings, it is recommended that school
authorities should organize workshops on effective coping strategies to address climate
change. Tree planting and other environmental programmes should be instituted to involve
students in practical community-based response to climate change
Keywords: Climate change, Climate impact, Ebonyi state, secondary school students, health
consequences, coping strategies.
7 |
Author(s):
Aloysius Sam, Clinton O. Aigbavboa, Wellington D. Thwala.
Page No : 111-128
|
A Systematic review of Leadership Development in the Ghanaian Construction Industry
Abstract
In recent times, the nexus between construction and leadership has become even stronger.
Construction is seen as a major vehicle for pursuing sustainable development goals.
Leadership training is essential in the construction sector for a variety of reasons. While
the construction industry in Ghana is a widely researched topic in the literature, relatively
little effort has been given to exploring the leadership development dimensions of the
phenomenon. A comprehensive analysis of the relevant literature was carried out on existing
literature on leadership development in the Ghanaian construction industry. With the help of
a multi-layered hierarchical iterative method, it conducted a search of important databases
and conducted a thematic analysis of each of the papers that fit the inclusion criteria. It
emerged from the analysis of the twelve documents that fit the inclusion criteria that the
existing Ghanaian literature on the subject revolves around three key themes within the
construction literature, namely, the role of leadership development, the types of leadership,
and the importance of leadership in construction operations. The majority of the studies
focused on the theme of leadership development, with the least being the types of leadership.
The implications of these themes for the broader literature are discussed.
8 |
Author(s):
Simon Sebuabe, Alex Acheampong, Victor Karikari Acheamfour, Ivy Abu.
Page No : 128-142
|
Developing A Public Value Framework for Infrastructure Projects in Ghana
Abstract
Empirical evidence has shown the significance of public value implementation to the
realization of the Sustainable Development Goals (SDGs). Hence, assessing public value in
infrastructure projects has become popular in recent years. However, the assessment of
public value is a long way from being translated into practice due to the lack of a framework
for the implementation of public value infrastructure projects. Therefore, this study aimed
at developing a public value implementation framework for infrastructure projects in Ghana.
The study adopted a mixed research method using data from 82 survey questionnaires and 9
interview responses. The findings of the study showed an adequate awareness of public value
by the practitioners but a scanty understanding of its implementation. Additionally, they
acknowledge some critical challenges that could hinder the implementation of public value
including political interferences, conflicting stakeholder perceptions of value, resistance to
change and poor stakeholder engagement. Based on the theoretical and empirical findings
of the study, an implementation framework for public value in infrastructure projects
was developed and subsequently validated to assess the adequacy of the framework in
terms of its overall content and completeness. This framework will guide practitioners in
ensuring the implementation of public value in infrastructure projects. With the lack of an
implementation framework, the outcome of this study provides a solid basis for ensuring
public value implementation in infrastructure projects.