An assessment of the corporate governance structure of petroleum commission Ghana
| dc.contributor.author | Sanwu Portia Afua Awuah | |
| dc.date.accessioned | 2024-02-29T12:18:24Z | |
| dc.date.available | 2024-02-29T12:18:24Z | |
| dc.date.issued | 2021 | |
| dc.description | Thesis submitted to the institute of distance learning, Kwame Nkrumah university of science and technology, Kumasi in partial fulfilment of the requirements for the award degree of master of science in accounting and finance | |
| dc.description.abstract | The thesis assesses the corporate governance structure of Petroleum Commission Ghana. The study adopted the descriptive research design and quantitative research approach. Structured questionnaire and purposive sampling technique were used to select the respondents. The study found that the board followed certified performance indicators to monitor the progress of the commission towards the accomplishment of strategic objectives and the board as well takes a timely and counteractive actions in case the objectives are not being achieved. Also, there are a clearly defined roles and responsibilities of the board written in documentation for which are constantly pursue by the board members with a higher level of independence assured by extremely attentive and accountable committees and task forces especially in a high-level discussion by the board. Again, the study has revealed that the board meetings are frequently held which boost timely decision making and per the attendance level, it promotes inclusive dialogue and decision making. Also, enough time is saved to ensure effective discussion and act efficiently on relevant strategic matters. Lastly, the performance of CEO is frequently monitored and assessed every year on which the CEOs are compensated. However, the CEO’s compensation scheme does not stimulate, and rewards extraordinary performance and it is not regularly examined by the board. The study found that, governance structure has no significant relationship with employee participation. Meanwhile, the study found that, governance structure has significant correlation with operational performance. Lastly, the study found that, employee participation has significant relationship with operational performance. The study recommends that management of organizations should consider smaller size boards as compared to larger board sizes to enable them to foster their decision making. Also, smaller boards will enable the organization reduce cost associated with larger board sizes. | |
| dc.identifier.uri | https://ir.knust.edu.gh/handle/123456789/15606 | |
| dc.language.iso | en | |
| dc.publisher | KNUST | |
| dc.title | An assessment of the corporate governance structure of petroleum commission Ghana | |
| dc.type | Thesis |