Strategies to Reduce the Impact of Resource Consumption in the Ghanaian Construction Industry

With a growing priority on resolving environmental issues and managing resources more effectively in line with Sustainable Development Goal 12, this research aims to assess solutions to minimize resource consumption in the Ghanaian construction sector. In the Ghanaian cities of Accra and Kumasi, questionnaires were utilized to solicit responses from construction stakeholders. Mean score ranking was used to rank these techniques. A reliability analysis using Cronbach's alpha coefficient found a high level of internal consistency. A high level of agreement was found after testing using Kendall's concordance. A one-sample t-test was also employed to examine the relative importance of the variables. Properties should be built to be disassembled; sections of existing building structures should be reused; prefabricated components should be utilized for on-site assembly; demolition components should be re-used or recycled, and existing buildings should be renovated to prevent destruction. This research is valuable because it adds to a checklist of measures for minimizing the effect of resource consumption in the Ghanaian construction sector, as well as to the achievement of the SDG goal. Project managers, architects, engineers, subcontractors, and other key stakeholders are encouraged to use innovative approaches to decrease resource consumption

Assessing Perception and Practice of Corporate Social Responsibility (CSR) by Energy Sector Firms in Ghana

Corporate social responsibility (CSR) activities in Ghana are spearheaded by large-scale multi-national companies and have gained momentum in recent years possibly due to the discovery of oil. The goal of this study is to learn more about how energy companies in Ghana view and practise CSR. A mixture of quantitative and qualitative methods was adopted for this study. Structured questionnaires and interview guides were used to collect data from selected energy companies and inhabitants. Descriptive statistics, t-tests and content analysis were the analytical tools adopted. The findings suggest that CSR was seen as a voluntary activity in the Ghanaian energy supply industry, with enterprises being obliged to work within societal norms rather than regulatory standards in the country. In the lens of the level of CSR practiced by the energy supply company, the findings indicate that the companies do practice CSR but based on their own planned policy objectives with most of the interventions geared towards social interventions like education, provision of potable water for communities, scholarship schemes, and road development. Policymakers will make use of the findings of the research to inform their knowledge in designing policies related to CSR. The outcome will also guide corporate firms in the energy sector to make decisions to either consider stakeholders as vital movers of development in the communities they operate, or they are being a hindrance to their CSR mandate. This study is unique as it extends knowledge on CSR in the energy sector of Ghana

Assessing Perception and Practice of Corporate Social Responsibility (CSR) by Energy Sector Firms in Ghana

Corporate social responsibility (CSR) activities in Ghana are spearheaded by large-scale multi-national companies and have gained momentum in recent years possibly due to the discovery of oil. The goal of this study is to learn more about how energy companies in Ghana view and practise CSR. A mixture of quantitative and qualitative methods was adopted for this study. Structured questionnaires and interview guides were used to collect data from selected energy companies and inhabitants. Descriptive statistics, t-tests and content analysis were the analytical tools adopted. The findings suggest that CSR was seen as a voluntary activity in the Ghanaian energy supply industry, with enterprises being obliged to work within societal norms rather than regulatory standards in the country. In the lens of the level of CSR practiced by the energy supply company, the findings indicate that the companies do practice CSR but based on their own planned policy objectives with most of the interventions geared towards social interventions like education, provision of potable water for communities, scholarship schemes, and road development. Policymakers will make use of the findings of the research to inform their knowledge in designing policies related to CSR. The outcome will also guide corporate firms in the energy sector to make decisions to either consider stakeholders as vital movers of development in the communities they operate, or they are being a hindrance to their CSR mandate. This study is unique as it extends knowledge on CSR in the energy sector of Ghana

Strategies to Reduce the Impact of Resource Consumption in the Ghanaian Construction Industry

With a growing priority on resolving environmental issues and managing resources more effectively in line with Sustainable Development Goal 12, this research aims to assess solutions to minimize resource consumption in the Ghanaian construction sector. In the Ghanaian cities of Accra and Kumasi, questionnaires were utilized to solicit responses from construction stakeholders. Mean score ranking was used to rank these techniques. A reliability analysis using Cronbach's alpha coefficient found a high level of internal consistency. A high level of agreement was found after testing using Kendall's concordance. A one-sample t-test was also employed to examine the relative importance of the variables. Properties should be built to be disassembled; sections of existing building structures should be reused; prefabricated components should be utilized for on-site assembly; demolition components should be re-used or recycled, and existing buildings should be renovated to prevent destruction. This research is valuable because it adds to a checklist of measures for minimizing the effect of resource consumption in the Ghanaian construction sector, as well as to the achievement of the SDG goal. Project managers, architects, engineers, subcontractors, and other key stakeholders are encouraged to use innovative approaches to decrease resource consumption

Relationship between Challenges Militating against Mortgage Finance and Benefits of Mortgage Acquisition in Ghana: Case of SSNIT

Past studies on the mortgage market of Ghana evidenced that absence of long-term sources of housing funds, low-income levels, macroeconomic instability, inability to assess the creditworthiness of prospective mortgagors among others plague the development of Ghana’s mortgage market. Therefore, this study was conducted to evaluate the relationship between challenges militating against mortgage finance and benefits of mortgage acquisition in Ghana. Questionnaires were used to elicit responses from respondents. Convenience sampling technique was used to select one hundred (100) respondents comprising staff at SSNIT Head Office in Accra, SSNIT contributors, beneficiaries of SSNIT funds, mortgage applicants, owners and occupants of SSNIT flats. Mean score ranking, Cronbach’s Alpha coefficient, one sample t-test and Partial Least Square Structural Equation Modeling (PLS-SEM) were the analytical tools adopted. Dollarization of mortgage markets, access to funding for the scheme, macroeconomic instability and inability to assess creditworthiness of mortgage applicant were the most significant challenges. The most significant benefits were: (1) increase in the rate of house construction; (2) ability to provide a relatively low-interest credit; (3) capacity to mitigate housing deficits; and (4) capability to provide a relatively long-term credit for housing. Structural Equation Model was developed to evaluate the relationship between the challenges and benefits. The study is beneficial to stakeholders such as policymakers, financial institutions, Ghana Real Estate Developers Association (GREDA) and SSNIT contributors. This work is a pioneering study in Ghana on the relationship between challenges SSNIT encounters in mortgage financing and benefits of acquiring mortgage facilities with the assistance of SSNIT

Relationship between Challenges Militating against Mortgage Finance and Benefits of Mortgage Acquisition in Ghana: Case of SSNIT

Past studies on the mortgage market of Ghana evidenced that absence of long-term sources of housing funds, low-income levels, macroeconomic instability, inability to assess the creditworthiness of prospective mortgagors among others plague the development of Ghana’s mortgage market. Therefore, this study was conducted to evaluate the relationship between challenges militating against mortgage finance and benefits of mortgage acquisition in Ghana. Questionnaires were used to elicit responses from respondents. Convenience sampling technique was used to select one hundred (100) respondents comprising staff at SSNIT Head Office in Accra, SSNIT contributors, beneficiaries of SSNIT funds, mortgage applicants, owners and occupants of SSNIT flats. Mean score ranking, Cronbach’s Alpha coefficient, one sample t-test and Partial Least Square Structural Equation Modeling (PLS-SEM) were the analytical tools adopted. Dollarization of mortgage markets, access to funding for the scheme, macroeconomic instability and inability to assess creditworthiness of mortgage applicant were the most significant challenges. The most significant benefits were: (1) increase in the rate of house construction; (2) ability to provide a relatively low-interest credit; (3) capacity to mitigate housing deficits; and (4) capability to provide a relatively long-term credit for housing. Structural Equation Model was developed to evaluate the relationship between the challenges and benefits. The study is beneficial to stakeholders such as policymakers, financial institutions, Ghana Real Estate Developers Association (GREDA) and SSNIT contributors. This work is a pioneering study in Ghana on the relationship between challenges SSNIT encounters in mortgage financing and benefits of acquiring mortgage facilities with the assistance of SSNIT

Obstacles to the career progression of professional female project managers (PFPMs) in the Ghanaian construction industry

Purpose - There are significantly fewer women than men in managerial positions, mainly project management. This problem is noticeable in the construction and engineering sectors, traditionally male-dominated industries with leadership much dependent on masculine qualities. This study examines the obstacles to the career progression of professional female project managers (PFPMs) in the Ghanaian construction industry