Energy management is one of the current policy directions of the Ghana government given the increasing challenges associated with energy generation to cope with the growing demand. A conscious attempt at adopting practices aimed at conserving energy is considered a sinequanon to coping with the current energy challenges in Ghana. However, an assessment of the awareness level of energy management practices is yet to be rigorously pursued as an agenda towards energy conservation in institutions and agencies perceived to be high energy consumers. Currently, the increasing growth in student numbers in the universities in Ghana and the high energy demands against the low level of energy generation to cope with these demands needs urgent attention. Consequently, adherence to effective energy management practices among students in these universities is considered a prima-facie in coping with the energy challenges in the country. The aim of this study was to assess the awareness and adherence levels of energy management practices of students in tertiary institutions in Ghana. Using KNUST as a case study, a questionnaire survey was carried out amongst students in residential accommodation on the campus. Subsequently, mean score and one sample t-test analyses were employed to analyze the empirical data elicited. The findings revealed a generally low awareness and adherence level to the critical energy management practices amongst students. These findings have implications for energy policy formulation and innovations towards conservation and management.
INTRODUCTIONThe current energy crisis being experienced in Ghana has drawn attention to several concepts, approaches and innovations aimed at curtailing this national crisis. In recent times, one of such
Purpose
The concept of working capital management (WCM) has been a fundamental financial accounting term that has evolved in financial theory for centuries. Given that the construction industry (CI) is financially dynamic, there is an imperative need to understand its WCM practices. The call for the industry players to adhere to efficient financial management practices as a result of a huge financing gap requires consented effort. This study aims to explore the trend of practices of WCM in the CI and elicit a broader polemic dialogue about this crucial theme.
Design/methodology/approach
The source of information for the study was secondary mainly from referenced journals and international conference papers published on WCM relating to the CI. A three-step sample selection strategy was adopted to identify the range and scope of publications on WCM in the CI based on the systematic literature review method.
Findings
The CI cannot boost of enough empirical WCM research to gain in-depth understanding of its practical trend. The developing economies are failing to produce insightful peer-reviewed papers on WCM to assist in bridging the infrastructural financing gap through apposite strategies. Gaining appropriate knowledge of the short-term financial operations through a conceptualization of WCM practices in the CI may lead to better strategies formulated for smooth operations.
Originality/value
This is a pioneering paper in developing economies that have taken stock of WCM knowledge of the practical trend in the CI. Future research prospects in which WCM matters can use it as a reference point.
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