Abstract:
The relevance of property rate towards nations’ development has become of
interest to governments and scholars. Therefore, this study examined
determinants (penalties, isomorphism, narcissism, individualism and
demographic factors) of property rate compliance among property owners in
Kumasi Metropolis. The study used an explanatory research design and a
quantitative research approach. Integrating economic deterrence theory, theory
of planned behaviour and institutional theory, data were collected from 322
property owners using closed-ended questionnaires and analysed with
frequencies, means, standard deviation, partial least squares structural equation
modelling (PLS-SEM). Stratified sampling technique was employed to
ascertain the sample size. The findings showed that there is a significant
relationship between penalties, isomorphism, narcissism and demographic
factors and property rate compliance. The study revealed that property rate
compliance is mainly influenced by penalties, isomorphism narcissism and
demographic factors. It was recommended that; commissioner general should
review and apply the available penalties accordingly. Similarly, institutional
regulatory bodies like the Ghana Revenue Authority should exert pressures on
property owners through the MMDAs in order to increase compliance. Again,
GRA and MMDAs should consider psychological traits such as narcissism as
well as demographic factors in setting strategies and policies to aid increase
property rate compliance.
