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The Digital Financial Services Policy (DFSP) was initiated by the Ghana Ministry of Finance in 2020, to promote the use of digital financial services by financial institutions to achieve financial inclusion. This study aims to examine the impact of the DFSP on bank financial performance (FP).

This study used data from 20 universal banks between 2017 and 2022. The ordinary least square, logistic regressions, heterogeneity analysis and robustness tests were used to examine whether DFSP affect FP.

This study finds that DFSP positively impacts return on assets and return on equity. In addition, adopting DFSP in Ghana has levelled the playing field for both large and small banks, as well as for listed, non-listed, domestic and foreign-owned banks, supporting the financial inclusion theory’s benefits associated with banks. However, DFSP negatively impacts the net interest margin.

As DFSP enhances financial inclusion with improved social ramifications, this highlights the need for Ghanaian universal banks to support digitalization policies, invest in digital infrastructure and develop innovative digital products and services to enhance their performance.

To the best of the authors’ knowledge, this study provides some of the first empirical evidence on the effect of the DFSP on FP in Ghana.

The purpose of this study is to examine the impact of environmental disclosures (END) on the corporate financial performance (CFP) of listed companies in Ghana before and during the Banking crisis (BKC) and the COVID-19 pandemic (COV).

This study used data from 16 companies listed on the Ghana Stock Exchange between 2012 and 2021. The END Index was used, which uses percentile ranking and is guided by Global Reporting Initiative guidelines. A diverse set of empirical tests were used to examine whether ENDs affect CFP during crises.

The study offered support for the stakeholder and signaling theories generally applied to the study of END. The results confirmed that ENDs have a significant positive effect on CFP measures, return on equity and earnings per share, before and during the crises. The BKC and COV had no impact on the CFP.

As Ghana is still recovering from the 2017 to 2020 BKC and COV, the findings of this study highlight the need for managers to embrace END reporting and engagement strategies to improve CFP and firm reputation.

To the best of the authors’ knowledge, this study is the first to examine the effect of END on CFP in the context of before and considering the Ghanaian BKC and COV. In addition, it is one of the few studies that investigates how ENDs affect the CFP of Ghanaian-listed firms.