Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/9454
Title: Codes of corporate governance: a comparative analysis between Ghana and the UK
Authors: Ansong, Abraham
Agyemang, Otuo Serebour
Boateng, Justice Kojo Gabriel Agyenim
Keywords: 2010 SEC Code of Ghana
UK corporate governance codes
comparative analysis
compliance and enforcement
board structure and composition
key board committees
corporate governance
Issue Date: 2016
Publisher: EuroMed J. Management
Abstract: We highlight considerable important aspects of the proposed 2010 Security and Exchange Commission (SEC) Code of Ghana and compare them with UK Corporate Governance Codes. Comparisons are undertaken on their respective definitions of corporate governance, compliance and enforcement, board structure and composition and key board committees. Initial findings suggest that both the 2010 SEC of Ghana and UK Codes are voluntary in nature and principally business induced. However, we recommend a more highly regulated business environment in Ghana to enhance corporate governance practices through effective compliance and enforcement. As several Ghanaian firms are characterised by large shareholders who painstakingly influence both the appointments of chief executive officer and board members, enhancements in corporate governance practices in Ghana are vitally important to safeguard the rights of minority shareholders, infuse confidence in investors and compliance with socio-economic goals of Ghana.
URI: http://hdl.handle.net/123456789/9454
Appears in Collections:Department of Management Studies [0] Recent Submissions

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