Disclosure, Accountability and Performance: The Case of Ghanaian Banking Industry
Emerging post-financial crisis research in Africa recently suggest a strong linkage between poor corporate governance and the non-transparency in the financial institutions involved, leading to loss of investor confidence and other ramifying effects. This has reignited the need to progressively re-e...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Mashhad: Behzad Hassannezhad Kashani
2019-12-01
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| Series: | International Journal of Management, Accounting and Economics |
| Subjects: | |
| Online Access: | https://www.ijmae.com/article_114656_9b9aca4059a729fff66eeb4d0caba74f.pdf |
| _version_ | 1797690342276857856 |
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| author | Alex Antwi-Adjei Kong Yusheng Samuel Asubonteng |
| author_facet | Alex Antwi-Adjei Kong Yusheng Samuel Asubonteng |
| author_sort | Alex Antwi-Adjei |
| collection | DOAJ |
| description | Emerging post-financial crisis research in Africa recently suggest a strong linkage between poor corporate governance and the non-transparency in the financial institutions involved, leading to loss of investor confidence and other ramifying effects. This has reignited the need to progressively re-examine or rethink the gaps in existing financial regulatory framework in accordance with acceptable corporate governance standards. Our study reviewed and tested the influence of four voluntary disclosure attributes namely; a percentage of family members on boards, extant of independent committee of audit, existence of more important personalities and the proportion of non-dependent directors of CG, as promulgated by the Bank of Ghana. An adjusted relative disclosure was used in this study. We noted the prevalence of a committee of auditors is positively and significantly connected to a degree of deliberate disclosure, whereas, a higher number of family members on the board attenuates effective voluntary disclosure. The outcomes give empirical proof to back Ghana’s financial regulatory authorities. |
| first_indexed | 2024-03-12T01:59:17Z |
| format | Article |
| id | doaj.art-6aade71aea494a6cb04687dfeab19f56 |
| institution | Directory Open Access Journal |
| issn | 2383-2126 |
| language | English |
| last_indexed | 2024-03-12T01:59:17Z |
| publishDate | 2019-12-01 |
| publisher | Mashhad: Behzad Hassannezhad Kashani |
| record_format | Article |
| series | International Journal of Management, Accounting and Economics |
| spelling | doaj.art-6aade71aea494a6cb04687dfeab19f562023-09-07T21:48:34ZengMashhad: Behzad Hassannezhad KashaniInternational Journal of Management, Accounting and Economics2383-21262019-12-01612844861114656Disclosure, Accountability and Performance: The Case of Ghanaian Banking IndustryAlex Antwi-Adjei0Kong Yusheng1Samuel Asubonteng2School of Finance, Jiangsu University, Zhenjiang, PR China.School of Finance, Jiangsu University, Zhenjiang, PR China.School of Finance, Jiangsu University, Zhenjiang, PR ChinaEmerging post-financial crisis research in Africa recently suggest a strong linkage between poor corporate governance and the non-transparency in the financial institutions involved, leading to loss of investor confidence and other ramifying effects. This has reignited the need to progressively re-examine or rethink the gaps in existing financial regulatory framework in accordance with acceptable corporate governance standards. Our study reviewed and tested the influence of four voluntary disclosure attributes namely; a percentage of family members on boards, extant of independent committee of audit, existence of more important personalities and the proportion of non-dependent directors of CG, as promulgated by the Bank of Ghana. An adjusted relative disclosure was used in this study. We noted the prevalence of a committee of auditors is positively and significantly connected to a degree of deliberate disclosure, whereas, a higher number of family members on the board attenuates effective voluntary disclosure. The outcomes give empirical proof to back Ghana’s financial regulatory authorities.https://www.ijmae.com/article_114656_9b9aca4059a729fff66eeb4d0caba74f.pdfdisclosureaccountabilityperformancefinancial sector |
| spellingShingle | Alex Antwi-Adjei Kong Yusheng Samuel Asubonteng Disclosure, Accountability and Performance: The Case of Ghanaian Banking Industry International Journal of Management, Accounting and Economics disclosure accountability performance financial sector |
| title | Disclosure, Accountability and Performance: The Case of Ghanaian Banking Industry |
| title_full | Disclosure, Accountability and Performance: The Case of Ghanaian Banking Industry |
| title_fullStr | Disclosure, Accountability and Performance: The Case of Ghanaian Banking Industry |
| title_full_unstemmed | Disclosure, Accountability and Performance: The Case of Ghanaian Banking Industry |
| title_short | Disclosure, Accountability and Performance: The Case of Ghanaian Banking Industry |
| title_sort | disclosure accountability and performance the case of ghanaian banking industry |
| topic | disclosure accountability performance financial sector |
| url | https://www.ijmae.com/article_114656_9b9aca4059a729fff66eeb4d0caba74f.pdf |
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