What question did this study set out to answer?

This research aims to identify institutional constraints that firms face and analyze their strategic adaptations to these challenges.

March 13, 2026Open Access

Navigating the Business Environment: A Mixed-Methods Analysis of Institutional Constraints and Strategic Adaptations in Ghana (2000–2026)

View Full Paper

Ask AI

Bookmark

Authors

Mixed-methods analysis identifies strategic adaptations in firms facing institutional constraints in Ghana, suggesting policy improvements.

This research aims to identify institutional constraints that firms face and analyze their strategic adaptations to these challenges.
Conducted a quantitative survey with senior managers from 247 firms to assess constraint perceptions.
Performed qualitative interviews with 24 executives to explore decision-making behaviors.
Utilized a sequential mixed-methods design to integrate both quantitative and qualitative data.
68% of firms identified access to finance and regulatory bureaucracy as significant constraints.
Qualitative findings highlighted 'relational adaptation' as a key strategy for managing institutional weaknesses.
The study reveals that firms prioritize relational strategies over formal market approaches due to perceived institutional voids.

Asante et al. (2003) studied this question.

View Full Paper

Ask AI

Bookmark

Mixed-methods analysis identifies strategic adaptations in firms facing institutional constraints in Ghana, suggesting policy improvements.