Corporate Governance And Organisational Performance: Assessing The Effectiveness Of Public Limited Liability Companies’ Governance Practices In Ghana

ABSTRACT

Corporate governance has several dimensions. This dimension determined the corporate governance performance of listed companies in Ghana and found out whether the companies that adhere to good corporate governance practices create value as reflected in the companies’ return on equity.

Research questionnaires were administered to directors of sampled listed companies. Data was collected from the annual reports of the sampled companies and the Annual Facts Book of the Ghana Stock Exchange to find out their structure and financial performance. The study employed statistical tools and packages to analyse the data collected.

The study revealed that Ghanaian companies performed averagely in terms of corporate governance practices. The study found out that with the exception of the strategic planning role, the other main behavioural issues of board structure; ethics, transparency and accountability; board meetings; reward systems; control and risk management; and board training and awareness correlate insignificantly with corporate financial performance.

It was concluded that companies that adhere to generally accepted corporate governance behaviours enhanced in value. As such, the framework for corporate governance practice should align environmental changes.

Subscribe to access this work and thousands more
Overall Rating

0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

AKPAKLI, E (2021). Corporate Governance And Organisational Performance: Assessing The Effectiveness Of Public Limited Liability Companies’ Governance Practices In Ghana. Afribary. Retrieved from https://afribary.com/works/corporate-governance-and-organisational-performance-assessing-the-effectiveness-of-public-limited-liability-companies-governance-practices-in-ghana

MLA 8th

AKPAKLI, EDWARD "Corporate Governance And Organisational Performance: Assessing The Effectiveness Of Public Limited Liability Companies’ Governance Practices In Ghana" Afribary. Afribary, 05 Apr. 2021, https://afribary.com/works/corporate-governance-and-organisational-performance-assessing-the-effectiveness-of-public-limited-liability-companies-governance-practices-in-ghana. Accessed 14 May. 2024.

MLA7

AKPAKLI, EDWARD . "Corporate Governance And Organisational Performance: Assessing The Effectiveness Of Public Limited Liability Companies’ Governance Practices In Ghana". Afribary, Afribary, 05 Apr. 2021. Web. 14 May. 2024. < https://afribary.com/works/corporate-governance-and-organisational-performance-assessing-the-effectiveness-of-public-limited-liability-companies-governance-practices-in-ghana >.

Chicago

AKPAKLI, EDWARD . "Corporate Governance And Organisational Performance: Assessing The Effectiveness Of Public Limited Liability Companies’ Governance Practices In Ghana" Afribary (2021). Accessed May 14, 2024. https://afribary.com/works/corporate-governance-and-organisational-performance-assessing-the-effectiveness-of-public-limited-liability-companies-governance-practices-in-ghana