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Neely, A., Mills, J., Platts, K., Richards, H., Gregory, M., Bourne, M., & Kennerley, M. (2000). Performance Measurement System Design: Developing and Testing a Process-Based Approach. International Journal of Operations & Production Management, 20, 1119-1145.
https://doi.org/10.1108/01443570010343708

has been cited by the following article:

• TITLE: Ownership Structure and Performance of Listed Banks in Ghana

  AUTHORS: Maclean Amoako-Tuffour, Asare-Baffour Frempong, Dennis Manu

  KEYWORDS: Ownership Structure, Bank Performance, Performance Indicators

  JOURNAL NAME: Open Journal of Business and Management, Vol.10 No.2, March 31, 2022

  ABSTRACT: The main purpose of this study involves investigating whether or not any empirical relationship prevails amongst ownership forms and banks’ financial outcomes. Utilizing archival data from 8 listed banks from 2014 to 2018, this study implemented a panel regression method of random effect with the aid of Hausman test to facilitate answering the research questions. The study finds that managerial ownership engenders significant parallel associationship with performance measured with profit before interest and taxation and return on shareholders’ funds. Second, the study learns that banks owned partially by the government and foreign investors suffer substantially from achieving performance with respect to profit before interest and taxation, and return on assets. Lastly, the study makes it known that banks owned by institutions can perform creditably well but the findings lack strong statistical backing. The study recommends that owners of banking institutions should practice a managerial system of ownership, linking compensation to performance, through offering incentive contracts in the form of profit sharing, stock options and performance bonuses. Banks owned by government, institutions and foreign investors are advised to strengthen and implement robust auditing and corporate governance systems so that managerial actions can be supervised and monitored effectively.