JOURNAL OF BUSINESS DIVERSITY

Investigating the Desirability and Feasibility of the “Old People’s Home” as a Viable Business in Ghana

Author(s): Wendy Dzidzor Akinny, Stephen Emmanuel Armah

Citation: Wendy Dzidzor Akinny, Stephen Emmanuel Armah, (2017) "Investigating the Desirability and Feasibility of the “Old People’s Home” as a Viable Business in Ghana ," Journal of Business Diversity, Vol.17, Iss. 3, pp. 73-90

Article Type: Research paper

Publisher: North American Business Press

Abstract:

Ghana’s population is ageing but its government is not making sufficient efforts to cater for the elderly. This study proposed the “Old People’s Home” as a solution to the problem of long-term, managed, geriatric care. It investigated whether such a solution will be viable in Ghana. In addition to reviewing published research, a mixed research design was executed. Findings indicate that respondents did not want to patronize “Old People’s Homes” due to low incomes, cultural beliefs and attitudes. The study calls for alternative business models and on government to implement its own “aging policy” to help care for Ghana’s elderly.