ABSTRACTThe study examines the influence of corporate governance practices on bank performance in Ghana. The selected study period is 5 years ranging from 2014 to 2018. The study particularly focused on-board composition, board gender diversity, board size, size of audit committee and CEO duality. The study primarily used secondary data. …
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ABSTRACTThe study examines the influence of corporate governance practices on bank performance in Ghana. The selected study period is 5 years ranging from 2014 to 2018. The study particularly focused on-board composition, board gender diversity, board size, size of audit committee and CEO duality. The study primarily used secondary data. Due to data unavailability, 10 commercial banks (50 firm-year observation) were sampled for the study. The findings obtained from the study indicate that board composition relates insignificantly to the performance (ROA and ROE respectively) of Ghanaian banks. Data was analysed using the Panel regression analysis. The result of the study shows that, board gender diversity (female presence on a firm’s board) has negative but insignificant relationship with the performance (ROA and ROE respectively) of Ghanaian banks. Moreover, the study finds that board size relates negatively with bank performance (ROA) and positive with (ROE) in Ghana. The study further provides evidence that the size of audit committee is positively and insignificantly related to bank performance. The findings of the study again indicate that CEO duality has positive and insignificant relationship with bank performance (ROA and ROE). The study recommends that optimal board size and composition should be maintained for good corporate governance as well as performance in the firm. Additionally, the researcher recommends that it future studies examine a longer time period above five years and includes other corporate governance variables.
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