Godfred Aawaar
Department of Accounting and FinanceSocial SciencesPhysical SciencesHealth Sciences

Godfred Aawaar

21 Publications12 Research Themes12 Open Access
Research Overview & Focus

The researcher's work centers on a comprehensive exploration of social and economic development across various domains, examining themes such as working capital requirements, microfinance, financial risks, market dynamics, fiscal policies, public health issues, energy sectors, insurance markets, education financing, and resilience in the face of the COVID-19 pandemic. Through these lenses, the study highlights the interconnectedness of different factors influencing development outcomes. By integrating themes like economic growth through financial innovation and microfinance into broader frameworks that address sustainability, resource distribution, and crisis preparedness, the researcher provides a holistic view of how social sciences can inform policies aimed at fostering resilience and promoting inclusive development in emerging markets.

Faculty Biography

Dr. Aawaar is currently a Lecturer at the Department of Accounting and Finance, KNUST School of Business, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana. He obtained his bachelor’s degree in Economics and Law (first class honours) from the Kwame Nkrumah University of Science and Technology, Kumasi, Ghana. He is a commonwealth scholar of Cranfield University, School of Management in the United Kingdom where he obtained his master’s degree in finance and management. He holds a PhD in Economics from the University of Zululand, South Africa. Godfred has a rich background in economics and finance as an academic with over a decade of university teaching experience. He has taught and continues to teach the following courses at both the undergraduate and postgraduate levels: Financial Econometrics, Research Techniques in Finance, Financial Markets and Institutions, Bank Lending, Money and Banking, Corporate Finance, Business Finance, and Business Economics. In terms of research, Dr. Aawaar primarily focuses on financial market development in emerging and frontier markets with particular attention on their development, efficiency, integration and behavioural financial issues. Specifically, his research areas include international financial markets, behavioural finance, development finance, education finance, and international macroeconomics. He has published quite extensively in these areas in peer reviewed journals, including but not limited to Research in International Business and Finance, Journal of Economic and Administrative Science, Cogent Economics and Finance, Frontier in Finance and Economics, and International Journal of Economics and Financial Issues. He also reviews for the Journal of Economic and Administrative Sciences, and serves as an ad hoc reviewer for a number of journals. Dr. Aawaar also mentors and supervises a large number of undergraduate students and postgraduate theses. He practices as an entrepreneur and actively engages in community development projects that will better the lives of many, especially, the under-privileged in society.

Key Research Themes (12)
Social Sciences

COVID-19 Pandemic Impacts

Physical Sciences

Economic Growth and Development

Social Sciences

Energy, Environment, Economic Growth

Social Sciences

Financial Markets and Investment Strategies

Social Sciences

Fiscal Policy and Economic Growth

Health Sciences

Global Health Care Issues

Social Sciences

Healthcare Systems and Reforms

Social Sciences

Insurance and Financial Risk Management

Social Sciences

Market Dynamics and Volatility

Social Sciences

Microfinance and Financial Inclusion

Social Sciences

Misinformation and Its Impacts

Social Sciences

Working Capital and Financial Performance

Publications (21)

Financial development, public health financing, and health outcomes in Sub-Saharan Africa

Open Access
2025Healthcare Systems and ReformsDOI: 10.1186/s12889-025-24404-6

The non-linear threshold effects of public investment on sustainable trade development in Africa: a panel smooth transition regression approach

2025Fiscal Policy and Economic GrowthDOI: 10.1108/ajems-08-2024-0486

Sustainable finance and social development: do institutional quality and ICT infrastructure matter

Open Access
2025Economic Growth and DevelopmentDOI: 10.1504/wremsd.2025.149016

Regional and global shock spillovers to Africa’s equity markets: evidence from the global financial crisis and COVID-19 pandemic

2024Market Dynamics and VolatilityDOI: 10.1007/s43546-024-00764-w

Financial inclusion—entrepreneurship nexus: evidence from a threshold analysis

2024Microfinance and Financial InclusionDOI: 10.1007/s11573-024-01215-6

Capital mobility, financial development and sustainable trade development in sub-Saharan Africa: a GMM-PVAR based analysis

2024Energy, Environment, Economic GrowthDOI: 10.1108/ijoem-01-2024-0175

Financial Development, Public Health Financing, and Health Outcomes in Sub-Saharan Africa

Open Access
2024Global Health Care IssuesDOI: 10.21203/rs.3.rs-4784259/v1

Role of institutional quality in the public education financing–educational quality nexus: evidence from Sub-Saharan Africa

Open Access
2024Economic Growth and DevelopmentDOI: 10.1108/jed-07-2023-0133

Effect of public education financing on educational quality in sub-Saharan africa: an autoregressive distributed lag approach

Open Access
2024Fiscal Policy and Economic GrowthDOI: 10.1080/2331186x.2023.2295166

Do Women Require Specialized Digital Financial Instruments to Meet Their Needs? Insights from Ghana

2024Microfinance and Financial InclusionDOI: 10.1007/978-981-97-6132-6_7

Operational risk and non-life insurers’ performance

2024Insurance and Financial Risk ManagementDOI: 10.21314/jop.2024.009

Equity return volatility in Africa’s stock markets: A dynamic panel approach

Open Access
2023Market Dynamics and VolatilityDOI: 10.1080/23322039.2023.2258704

Economic activities’ response to the COVID-19 pandemic in developing countries

Open Access
2023COVID-19 Pandemic ImpactsDOI: 10.1016/j.sciaf.2023.e01642

Financial development and educational quality in Sub-Saharan Africa

Open Access
2022Economic Growth and DevelopmentDOI: 10.1080/23322039.2022.2131115

What accounts for the high underwriting losses in the Ghanaian insurance industry?

2022Insurance and Financial Risk ManagementDOI: 10.1108/ajems-12-2021-0546

Using signalling theory to assess the Government of Ghana’s risk communication during the COVID-19 pandemic

Open Access
2022Misinformation and Its ImpactsDOI: 10.4102/hsag.v27i0.1623

Financial innovations and economic growth: Does financial inclusion play a mediating role?

Open Access
2022Economic Growth and DevelopmentDOI: 10.1080/23311975.2022.2049670

Relationship between financial inclusion, banking stability and economic growth: a dynamic panel approach

2021Microfinance and Financial InclusionDOI: 10.1108/jeas-05-2021-0084

INVESTOR HERD BEHAVIOUR IN AFRICA’S EMERGING AND FRONTIER MARKETS

Open Access
2020Economic Growth and DevelopmentDOI: 10.32479/ijefi.10709

Determinants of working capital requirement in listed firms: Empirical evidence using a dynamic system GMM

Open Access
2018Working Capital and Financial PerformanceDOI: 10.1080/23322039.2018.1558713

Market Integration and Informational Efficiency of Africa's Stock Markets

2017Financial Markets and Investment Strategies
Academic Metrics
DepartmentDepartment of Accounting and Finance
Total Publications21
Research Themes12
Open Access Papers12

Department of Accounting and Finance

Kwame Nkrumah University of Science and Technology

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