Review Article
The Effects of Tax Incentives in Attracting Foreign Direct Investments for the Agro-processing Industries: A Case of Hwp Fresh and Dry Limited
Issue:
Volume 11, Issue 3, June 2025
Pages:
46-54
Received:
29 November 2024
Accepted:
14 May 2025
Published:
3 September 2025
Abstract: Ghana trade policy and development agenda is to diversify through industrialization with emphasis on reducing its over-reliance on export of raw commodities towards adding value to its abundant raw materials to increase export earnings and stimulate economic activity in rural areas. However, the attraction of international firms due to the elimination of trade barriers in the global capital flows have generated competition among governments with more emphasis on attracting foreign direct investment. The research study explores how tax incentives can be used as a catalyst to attract foreign direct investment for the Agro-processing industries in Ghana. The research study further evaluates the various tax incentives for the agro-processing industry and how it contributes to performance, growth and sustainability. The study also discusses the relevance of government policy directions and interventions in moderating challenges faced by the industry. Finally, value-chain processes and case studies are provided for key agro-processing sub-sectors of the industry. The study chose HWP Fresh and Dry Company, a thriving Agro-based industries located in Adeiso in the Upper West Akim District in the Eastern Region of Ghana for its case study. The findings from the study affirms that foreign direct investment responds to lower corporate tax rate and foreign direct investment is attracted by regime that offers concessional tax rates to budding industries. It’s equally revealed that offering tax holidays and other concessional tax incentives greatly influence the survival and sustainability of Agro processing industries. The findings from the study indicated that offering tax incentive only does not attract foreign direct investment but other factors such as stable micro-economic indicators, lower cost of credit, and access to ready markets skilled labour. Investors are attracted by regime that offer lower Corporate Incentive Tax, because its positively influence profitability and guarantees returns at shortest gestation period.
Abstract: Ghana trade policy and development agenda is to diversify through industrialization with emphasis on reducing its over-reliance on export of raw commodities towards adding value to its abundant raw materials to increase export earnings and stimulate economic activity in rural areas. However, the attraction of international firms due to the eliminat...
Show More
Research Article
A Comparative Analysis of Corporate Governance in Public Enterprises in Kosovo - the Difference Between Central and Local Public Enterprises: Case Study “Southern Hydroregion” and “Eco Region” in Prizren
Albrim Badallaj*
,
Shpresa Suli
Issue:
Volume 11, Issue 3, June 2025
Pages:
55-66
Received:
25 December 2024
Accepted:
14 January 2025
Published:
9 September 2025
DOI:
10.11648/j.ajtab.20251103.12
Downloads:
Views:
Abstract: Corporate Governance in Public Enterprises is the main prerequisite for their success and profitability. In Kosovo, it is a new concept and has only begun to be practiced after 2005, promoting the principles of the OECD. The purpose of this paper is to present the divergences between public enterprises at the central and local levels. Public Enterprises in Kosovo are important for the local economy since in 2016, they counted about 10,152 employees or about 3.1% of the total number of employees in the Republic of Kosovo in the same year. Public enterprises in Kosovo, according to the law, are of two types: Central and Local. In Kosovo, Public Enterprises are characterized by a positive balance of profitability, but with inherited debts, especially to ATK in the amount of millions. The lack of literature regarding this topic presents the gaps of the paper. While the methodology used in this paper is based on primary data through interviews and secondary data, through literature review. Deductive and comparative methods were used. The results of this paper show that there are major differences in the governance of central public enterprises from local ones and at the same time there is low implementation of OECD principles The analysis of the findings presents the real picture of the fundamental problems and the lack of technocrats in the field in the Boards of Directors and the Chief Executive Officer, as management bodies that give direction to the orientation of Public Enterprises and their growth or decline.
Abstract: Corporate Governance in Public Enterprises is the main prerequisite for their success and profitability. In Kosovo, it is a new concept and has only begun to be practiced after 2005, promoting the principles of the OECD. The purpose of this paper is to present the divergences between public enterprises at the central and local levels. Public Enterp...
Show More
Research Article
Cashless Policy and Guest Patronage of Hotels in Umuahia, Abia State, Nigeria
Issue:
Volume 11, Issue 3, September 2025
Pages:
67-73
Received:
11 February 2025
Accepted:
17 March 2025
Published:
13 September 2025
DOI:
10.11648/j.ajtab.20251103.13
Downloads:
Views:
Abstract: This Study examined the influence of cashless policy on guest patronage of Hotels in Umuahia, Abia State of Nigeria. The specific objectives were to determine the influence of automated Teller machine (ATM), point of sale (POS) transaction and mobile banking on guest patronage; and identify challenges facing cashless policy in the study area. The study population was infinite and consisted of customers patronizing registered hotels in the study area; and the sample size was 154, using Cronbach formula. Data were collected using a structured questionnaire. Simple descriptive statistics were used to analyse data while multiple regression was used for test of Hypothesis. Cashless payment methods, including ATM and POS transactions, mobile and internet banking all had significant (p < 0.05) influence on guest patronage, and are integral components of modern hotel business operations. However, they do not singularly determine guest patronage. Guest decisions in this context are influenced by a complex interplay of these various factors. There is, therefore, necessity for a comprehensive approach to understanding and fulfilling guest preferences in the dynamic hospitality industry. The regression model's overall explanatory power is moderate, as indicated by an R-Square value of 0.612. However, the model, when considered as a whole, achieved statistical significance (p < 0.05) in explaining guest patronage, as evidenced by the F-Statistics (p = 0.808). These findings reveal the heterogeneous nature of guest patronage and the need for a more pellucid understanding of the factors influencing cashless policies in the hotel industry.
Abstract: This Study examined the influence of cashless policy on guest patronage of Hotels in Umuahia, Abia State of Nigeria. The specific objectives were to determine the influence of automated Teller machine (ATM), point of sale (POS) transaction and mobile banking on guest patronage; and identify challenges facing cashless policy in the study area. The s...
Show More
