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Despite its fundamental importance, resource provision has not been accorded the necessary emphasis in academic libraries in developing countries. Attempts to draw attention to this important function of the academic library. Due to the perennial lack of sufficient financial resources in most academic libraries, the need to make judicious use of available financial resources cannot be overemphasized. Suggests ways whereby maximum use of limited resources could be achieved. Emphasis has been placed on the need for academic libraries to have written acquisition policies to help in the development of a more balanced collection than presently exists in most libraries in developing countries. Also, suggests ways whereby materials could be acquired at minimum cost. Indicates the various means through which books and other library materials could be purchased and shows the advantages and disadvantages of each. Finally, provides suggestions whereby materials acquired could be organized for maximum use by the clientele of academic libraries.

This study examines the causal relationship between intellectual capital and asset quality of banks in Ghana.

Using annual data extracted from audited financial statements of 24 banks from 2006 to 2015, a ratio of non-performing loans to gross loans and advances is employed to estimate asset quality growths while the value-added intellectual coefficient by Pulic (2008, 2004) measures intellectual capital. The panel-corrected standard errors estimation technique is used to estimate panel regressions with asset quality as the dependent variable.

Asset quality of banks in Ghana is generally not affected by intellectual capital. However, when intellectual capital is divided into its components, the study indicates that there are significant positive relationships between asset quality and two components of intellectual capital. Thus, structural capital and human capital efficiencies positively affect the asset quality of banks.

The findings of the study implore managements of banks to increase structural and human capital investments and efficiencies to improve asset quality. Furthermore, the results have direct implications on developments in financial markets in emerging economies.

The study analyses the link between typical intellectual capital and asset quality of banks which is yet to be empirically examined in an emerging banking market.