IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/118634.html

Community Voices and Financial Choices: Unravelling the Impact of Representation on Rural Cooperative Banks

Author

Listed:
  • Amoako, Frimpong
  • Asuamah Yeboah, Samuel

Abstract

The study investigates the critical role of community representation within Rural Cooperative Banks (RCBs) and its influence on key decision-making processes, specifically, pertaining to financial policies, lending practices, and resource allocation. As RCBs play a pivotal role in providing financial services to local communities, understanding the dynamics of community representation within these institutions is essential. Through a comprehensive examination of the interactions between community voices and RCB operations, this research sheds light on whether and how local perspectives shape the accessibility of financial services for rural populations. By exploring the intricate relationship between representation and decision-making, this study contributes valuable insights to enhance the effectiveness of RCBs in serving their communities and promoting financial inclusivity.

Suggested Citation

  • Amoako, Frimpong & Asuamah Yeboah, Samuel, 2023. "Community Voices and Financial Choices: Unravelling the Impact of Representation on Rural Cooperative Banks," MPRA Paper 118634, University Library of Munich, Germany, revised 17 Sep 2023.
    • Handle: RePEc:pra:mprapa:118634
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/118634/1/MPRA_paper_118634.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Morshadul Hasan & Thi Le & Ariful Hoque, 2021. "How does financial literacy impact on inclusive finance?," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-23, December.
    2. Ali Compaoré & Mr. Montfort Mlachila & Rasmané Ouedraogo & Sandrine Sourouema, 2020. "The Impact of Conflict and Political Instability on Banking Crises in Developing Countries," IMF Working Papers 2020/041, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Claudia Custodio & Bernardo Mendes & Diogo Mendes, 2021. "Firm responses to violent conflicts," NOVAFRICA Working Paper Series wp2106, Universidade Nova de Lisboa, Nova School of Business and Economics, NOVAFRICA.
    2. Sergio Hernández Mejía & Elena Moreno García, 2025. "Ahorro para emergencias, la inclusión y la educación financiera en México," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 20(2), pages 1-22, Abril - J.
    3. Imran Hossain & Maria Fekete-Farkas & Md. Nekmahmud, 2022. "Purchase Behavior of Energy-Efficient Appliances Contribute to Sustainable Energy Consumption in Developing Country: Moral Norms Extension of the Theory of Planned Behavior," Energies, MDPI, vol. 15(13), pages 1-20, June.
    4. Katarzyna Czech & Luiza Ochnio & Michał Wielechowski & Serhiy Zabolotnyy, 2024. "Financial Literacy: Identification of the Challenges, Needs, and Difficulties among Adults Living in Rural Areas," Agriculture, MDPI, vol. 14(10), pages 1-17, September.
    5. Chen, Xun-Qi & Ma, Chao-Qun & Ren, Yi-Shuai & Lei, Yu-Tian & Huynh, Ngoc Quang Anh & Narayan, Seema, 2023. "Explainable artificial intelligence in finance: A bibliometric review," Finance Research Letters, Elsevier, vol. 56(C).
    6. Nurul Hidayana Mohd Noor & Syeliya Md Zaini & Noralina Omar & Raja Mayang Delima Mohd Beta & Lee Wei Chang, 2024. "Assessing Financial Literacy of Female Entrepreneurs in Informal Economy: Empirical Evidence from Micro Business in Malaysia," Information Management and Business Review, AMH International, vol. 16(3), pages 1036-1049.
    7. Suryani Abdul Raman & Nik Nurul Aswani Nik Kamarudin & Siti Nabilah Mohd Shaari, 2025. "Generation Z Financial Literacy and Behaviour," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(10), pages 1395-1409, October.
    8. Koranteng, Barbara & You, Kefei, 2025. "Does P2P lending promote the traditional bank-based financial inclusion? Spatial evidence from 34 developing economies," Research in International Business and Finance, Elsevier, vol. 77(PB).
    9. Muhammad Hussain & Farzan Yahya & Muhammad Waqas, 2021. "Does strong governance stimulate the effect of economic freedom and financial literacy on financial inclusion? a cross-country evidence," Future Business Journal, Springer, vol. 7(1), pages 1-10, December.
    10. Munacinga Simatele & Loyiso Maciko, 2022. "Financial Inclusion in Rural South Africa: A Qualitative Approach," JRFM, MDPI, vol. 15(9), pages 1-22, August.
    11. Ergin Akalpler, 2023. "Triggering economic growth to ensure financial stability: case study of Northern Cyprus," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-40, December.
    12. Happiness Ozioma Obi-Anike & Ogohi Cross Daniel & Ifeoma Joanes Onodugo & Ikechukwu Joseph Attamah & Benedict Ogbemudia Imhanrenialena, 2023. "The Role of Financial Information Literacy in Strategic Decision-Making Effectiveness and Sustainable Performance among Agribusiness Entrepreneurs in Nigeria," Sustainability, MDPI, vol. 15(13), pages 1-17, July.
    13. Phuong Huyen Do & Viet Anh Nguyen Danh & Hoang Lan Nguyen, 2025. "Impacts of Digital Financial Literacy and Usage of Digital Finance on Financial Inclusion in Vietnam," Economic Research Guardian, Mutascu Publishing, vol. 15(1), pages 116-141, June.
    14. Yang, Zongzhi & Li, Yali & Wu, Chanti, 2025. "Population aging, fintech, and agricultural economic resilience," International Review of Economics & Finance, Elsevier, vol. 97(C).
    15. Guo, Xiaoxin & Zhong, Shihu, 2023. "Unintended consequences: How does digital inclusive finance affect migrants' urban settlement intentions?," International Review of Financial Analysis, Elsevier, vol. 89(C).
    16. Mukta Mani, 2025. "An Exploration of Contemporary Trends in Finance Research," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(3), pages 12291-12316, September.
    17. Luo, Lei, 2024. "Digital financial inclusion, educational attainment and household consumption," Finance Research Letters, Elsevier, vol. 68(C).
    18. Kriti Kishor & Sanjeev K. Bansal & Roshan Kumar, 2025. "The Role of Fintech in Promoting Financial Inclusion to Achieve Sustainable Development: An Integrated Bibliometric Analysis and Systematic Literature Review," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(1), pages 5664-5692, March.
    19. Guo, Jie & Chen, Leqi & Kang, Xia, 2024. "Digital inclusive finance and agricultural green development in China: A panel analysis (2013–2022)," Finance Research Letters, Elsevier, vol. 69(PA).
    20. Duan, Chengyonghui & Ni, Soh Wei, 2024. "Impact of fiscal spending, financial inclusion on financial stability," Finance Research Letters, Elsevier, vol. 69(PB).

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:118634. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.