Corporate governance and the asset quality of listed banks in ghana
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Date
2023
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KNUST
Abstract
The study investigates the relationship between corporate governance and asset quality of listed banks in Ghana. It employs the quantitative approach and the explanatory research method, coupled with the desk strategy to pursue the objectives of the study. Secondary panel data spanning the period from 2013 to 2022 are used. The study employs the panel regression analysis to estimate the relationship between the variables. The stata software is employed to aid the analysis. The study reveals that the size of the governing board, board diversity, and board financial expertise have no significant relationship with asset quality. Additionally, the study discovers that there is a significant positive relationship between board independence and asset quality of the banks. The study recommends that there is the need to strengthen and improve the independence of the board since it is critical in enhancing the asset quality of banks. The study concludes that the result of the findings of the study challenges the validity of agency theory in the banking sector of Ghana and call for alternative explanations to understand the performance implication of corporate governance on the banking sector of Ghana.
Description
A thesis submitted to the department of accounting and finance kwame nkrumah university of science and technology for the award of a master of science degree in accounting and finance