Factors influencing venture capital financing of real estate development in Ghana

Autor:	Matthew Kwaw Somiah, Anita Asamoah-Duodu, Kissi Ernest
Rok vydání:	2016
Předmět:	Finance Social venture capital Real estate development Financial innovation business.industry Collateral media_common.quotation_subject Real estate General Medicine Venture capital Private sector Interest rate business media_common
Zdroj:	African J. of Economic and Sustainable Development. 5:355
ISSN:	2046-4789 2046-4770
Popis:	The aim of the paper was to identify factors that influence venture capital financing in real estate development in Ghana. In achieving this, a quantitative research technique was untilised. Hence, based on a thorough literature review a questionnaire was designed and administered to members of Ghana Real Estate Developers Association (GREDA). Relative Importance Index (RII) was use determined the level of significant of identified factors. The results of the survey indicated that impact of high interest, collateral security, lack of promoting private sector financial innovations, poor documentation or lack of record keeping, access to land and ineffective legal environment were the main significant factors that influence venture capital financing in real estate development in Ghana among others. The findings suggested critical examination of the financing approach and raises useful factors to guide local firms that enters into venture capital financing.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::2c202b1909d1b61792731dec19219dcc https://doi.org/10.1504/ajesd.2016.079444 Zobrazit plný text záznamu