{"id":"https://openalex.org/W2937545239","doi":"https://doi.org/10.1111/1467-8268.12360","title":"Capital Structure and Bank Performance: Empirical Evidence from Ghana","display_name":"Capital Structure and Bank Performance: Empirical Evidence from Ghana","publication_year":2019,"publication_date":"2019-03-01","ids":{"openalex":"https://openalex.org/W2937545239","doi":"https://doi.org/10.1111/1467-8268.12360","mag":"2937545239"},"language":"en","primary_location":{"id":"doi:10.1111/1467-8268.12360","doi":"https://doi.org/10.1111/1467-8268.12360","is_oa":false,"landing_page_url":"https://doi.org/10.1111/1467-8268.12360","pdf_url":null,"source":{"id":"https://openalex.org/S33443600","display_name":"African Development Review","issn_l":"1017-6772","issn":["1017-6772","1467-8268"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"African Development Review","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5028792071","display_name":"James Ntiamoah Doku","orcid":"https://orcid.org/0000-0003-2343-9262","observed_orcids":["https://orcid.org/0000-0003-2343-9262","https://orcid.org/0000-0003-3424-855X"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"James Ntiamoah Doku","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5012705340","display_name":"Fred Agbenya Kpekpena","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Fred Agbenya Kpekpena","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5032606379","display_name":"Prince Yeboah Boateng","orcid":"https://orcid.org/0000-0002-0255-2613","observed_orcids":["https://orcid.org/0000-0002-0255-2613"]},"institutions":[{"id":"https://openalex.org/I327098606","display_name":"Methodist University College Ghana","ror":"https://ror.org/05a9sj961","country_code":"GH","type":"education","lineage":["https://openalex.org/I327098606"]},{"id":"https://openalex.org/I7589121","display_name":"University of Professional Studies","ror":"https://ror.org/01w05wy86","country_code":"GH","type":"education","lineage":["https://openalex.org/I7589121"]}],"countries":["GH"],"is_corresponding":true,"raw_author_name":"Prince Yeboah Boateng","raw_affiliation_strings":["James Ntiamoah Doku (corresponding author), University of Professional Studies, Accra (UPSA), PO Box DC 940, Dansoman, Ghana; e-mail: jdoku@upsamail.edu.gh , jmsdoku@yahoo.com ; jamesdoku@gmail.com . Fred Agbenya Kpekpena, Methodist University College Ghana, PO Box DC 940, Dansoman, Ghana. Prince Yeboah Boateng, AFB Ghana Limited, PO Box AN 7128, Accra, Ghana"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"James Ntiamoah Doku (corresponding author), University of Professional Studies, Accra (UPSA), PO Box DC 940, Dansoman, Ghana; e-mail: jdoku@upsamail.edu.gh , jmsdoku@yahoo.com ; jamesdoku@gmail.com . Fred Agbenya Kpekpena, Methodist University College Ghana, PO Box DC 940, Dansoman, Ghana. Prince Yeboah Boateng, AFB Ghana Limited, PO Box AN 7128, Accra, Ghana","institution_ids":["https://openalex.org/I327098606","https://openalex.org/I7589121"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5028792071","https://openalex.org/A5032606379"],"corresponding_institution_ids":["https://openalex.org/I327098606","https://openalex.org/I7589121"],"apc_list":{"value":3300,"currency":"USD","value_usd":3300},"apc_paid":null,"fwci":4.2399,"has_fulltext":false,"cited_by_count":36,"citation_normalized_percentile":{"value":0.93917856,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":99},"biblio":{"volume":"31","issue":"1","first_page":"15","last_page":"27"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9609000086784363,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9609000086784363,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14183","display_name":"Banking Sector Performance and Management","score":0.03290000185370445,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.0010000000474974513,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/capital-structure","display_name":"capital structure","score":0.8389999866485596},{"id":"https://openalex.org/keywords/bank-profitability","display_name":"bank profitability","score":0.7990000247955322},{"id":"https://openalex.org/keywords/commercial-banks","display_name":"commercial banks","score":0.9340000152587891},{"id":"https://openalex.org/keywords/capital-to-assets-ratio","display_name":"capital to assets ratio","score":0.9350000023841858},{"id":"https://openalex.org/keywords/return-on-assets","display_name":"return on assets","score":0.9259999990463257},{"id":"https://openalex.org/keywords/net-interest-margin","display_name":"net interest margin","score":1.0},{"id":"https://openalex.org/keywords/bank-of-ghana","display_name":"Bank of Ghana","score":0.7940000295639038},{"id":"https://openalex.org/keywords/ghanaian-banking-sector","display_name":"Ghanaian banking sector","score":0.7229999899864197}],"concepts":[{"id":"https://openalex.org/C6175523","wikidata":"https://www.wikidata.org/wiki/Q11771027","display_name":"Net interest margin","level":4,"score":0.7300392389297485},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.6716853380203247},{"id":"https://openalex.org/C2779137862","wikidata":"https://www.wikidata.org/wiki/Q425951","display_name":"Capitalization","level":2,"score":0.6598284840583801},{"id":"https://openalex.org/C16969640","wikidata":"https://www.wikidata.org/wiki/Q1070805","display_name":"Capital adequacy ratio","level":3,"score":0.6003947257995605},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.5987480282783508},{"id":"https://openalex.org/C185669311","wikidata":"https://www.wikidata.org/wiki/Q1163221","display_name":"Return on assets","level":3,"score":0.49406054615974426},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4920003116130829},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.48325639963150024},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.46546152234077454},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.46296027302742004},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.42699089646339417},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.42622295022010803},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4223778247833252},{"id":"https://openalex.org/C774472","wikidata":"https://www.wikidata.org/wiki/Q6760393","display_name":"Margin (machine learning)","level":2,"score":0.4135000705718994},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.34451860189437866},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.26555147767066956},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.09996411204338074},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.07814562320709229},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/1467-8268.12360","doi":"https://doi.org/10.1111/1467-8268.12360","is_oa":false,"landing_page_url":"https://doi.org/10.1111/1467-8268.12360","pdf_url":null,"source":{"id":"https://openalex.org/S33443600","display_name":"African Development Review","issn_l":"1017-6772","issn":["1017-6772","1467-8268"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"African Development Review","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.4699999988079071,"id":"https://metadata.un.org/sdg/17","display_name":"Partnerships for the goals"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":63,"referenced_works":["https://openalex.org/W140905838","https://openalex.org/W169327172","https://openalex.org/W1508531630","https://openalex.org/W1544146647","https://openalex.org/W1550855577","https://openalex.org/W1600276569","https://openalex.org/W1974961986","https://openalex.org/W1975053966","https://openalex.org/W1978175480","https://openalex.org/W1989671475","https://openalex.org/W1990176981","https://openalex.org/W2001277256","https://openalex.org/W2012787749","https://openalex.org/W2017036511","https://openalex.org/W2020970716","https://openalex.org/W2023508048","https://openalex.org/W2029023465","https://openalex.org/W2030663533","https://openalex.org/W2034301206","https://openalex.org/W2047998220","https://openalex.org/W2057693493","https://openalex.org/W2069725184","https://openalex.org/W2069743109","https://openalex.org/W2074928461","https://openalex.org/W2075595911","https://openalex.org/W2086995991","https://openalex.org/W2090681977","https://openalex.org/W2097660935","https://openalex.org/W2110120163","https://openalex.org/W2113873145","https://openalex.org/W2117631504","https://openalex.org/W2121182492","https://openalex.org/W2121597019","https://openalex.org/W2124597406","https://openalex.org/W2136952803","https://openalex.org/W2138102160","https://openalex.org/W2141358063","https://openalex.org/W2142728105","https://openalex.org/W2143698574","https://openalex.org/W2144687916","https://openalex.org/W2146880834","https://openalex.org/W2155146386","https://openalex.org/W2159250771","https://openalex.org/W2175868848","https://openalex.org/W2184145176","https://openalex.org/W2500039207","https://openalex.org/W2527173584","https://openalex.org/W2529312277","https://openalex.org/W2954951748","https://openalex.org/W3007814279","https://openalex.org/W3121433632","https://openalex.org/W3121974956","https://openalex.org/W3122594794","https://openalex.org/W3122602955","https://openalex.org/W3124114405","https://openalex.org/W3124161534","https://openalex.org/W3124284666","https://openalex.org/W3124871904","https://openalex.org/W3125087107","https://openalex.org/W3125649736","https://openalex.org/W4233372557","https://openalex.org/W4299606123","https://openalex.org/W6773902971"],"related_works":["https://openalex.org/W2964252978","https://openalex.org/W2786855227","https://openalex.org/W3005189740","https://openalex.org/W2089108940","https://openalex.org/W4400664623","https://openalex.org/W2112051072","https://openalex.org/W183208744","https://openalex.org/W2557735152","https://openalex.org/W3163072813","https://openalex.org/W3212138935"],"abstract_inverted_index":{"Abstract":[0],"The":[1,21,44,88],"aim":[2],"of":[3,11,16,26,61,80,108,117],"this":[4],"paper":[5],"is":[6,55],"to":[7,135],"examine":[8],"the":[9,31,74,92,100,106,111,118,133],"impact":[10],"capital":[12,49],"structure":[13,50],"on":[14,67],"profitability":[15],"commercial":[17,28,130],"banks":[18,29,131],"in":[19,115,121,132],"Ghana.":[20,109],"study":[22],"used":[23],"a":[24,56],"sample":[25],"21":[27],"over":[30],"period":[32],"2000\u20132014":[33],"using":[34],"panel":[35],"corrected":[36],"standard":[37],"errors":[38],"and":[39,58,69,95,127],"two\u2010stage":[40],"least\u2010squares":[41],"estimation":[42],"approaches.":[43],"results":[45,75],"show":[46],"that":[47,78],"bank":[48,62,86,101,122],"measured":[51],"as":[52],"capital\u2010to\u2010asset":[53,93],"ratio":[54,94],"robust":[57],"positive":[59,89],"driver":[60],"performance":[63,96],"(profitability)":[64],"measures":[65],"(return":[66],"assets":[68],"net":[70],"interest":[71],"margin).":[72],"Additionally,":[73],"further":[76],"indicate":[77],"share":[79],"customer":[81],"demand":[82],"deposit":[83,124,138],"positively":[84],"affects":[85],"profitability.":[87],"relationship":[90],"between":[91],"provides":[97],"support":[98,116],"for":[99],"capitalization":[102],"policy":[103],"implemented":[104],"by":[105,129],"Bank":[107],"Also,":[110],"findings":[112],"provide":[113],"evidence":[114],"recent":[119],"upsurge":[120],"short\u2010term":[123],"mobilization":[125],"strategies":[126],"promotions":[128],"country":[134],"enhance":[136],"their":[137],"base.":[139]},"counts_by_year":[{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":11},{"year":2023,"cited_by_count":7},{"year":2022,"cited_by_count":6},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":6}],"updated_date":"2026-10-27T15:51:10.671819","created_date":"2019-04-25T00:00:00"}