The Impact of Stress in the Banking Hall: The Case of Banks in Kumasi Metropolis

  • Benjamin Adjei Danquah Kumasi Polytechnic
  • Wilson K. Nimsaah Kumasi Polytechnic, Kumasi, Ghana
  • Lydia Appiah Banking
  • Prince Donkor Kumasi Polytechnic, Kumasi, Ghana

Abstract

Stress can affect body and the mind. People under large amounts of stress can become tired, sick, and unable to think clearly. Sometimes, they even suffer nervous breakdowns. This is the kind of legacy banking halls are currently giving to their staff members. This study was to find out the types of stress associated with banking activities, assess the impact of banking stress on economic activities and to find out the possible remedies. Data collection was conducted through a survey questionnaire comprising open and close-ended questions. The data analysis methods included descriptive statistics, Pearson correlation and Probit regression using Stata. The Pearson correlation and regression confirmed that stress has significant adverse effect on the performance of employees. It was recommended that payment of salaries should be made twice in a month instead of monthly to help reduce peak periods of banking delays.

Published
Jun 28, 2017
How to Cite
ADJEI DANQUAH, Benjamin et al. The Impact of Stress in the Banking Hall: The Case of Banks in Kumasi Metropolis. International Conference on Applied Science and Technology Conference Proceedings, [S.l.], v. 1, n. 1, p. 148 -154, june 2017. ISSN 2467-902X. Available at: <https://conference.kstu.edu.gh/index.php/proceedings/article/view/57>. Date accessed: 18 july 2019.
Section
Business, Management and Administration