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The link between corporate governance and performance of the non‐traditional export sector: evidence from Ghana

Anthony Kyereboah‐Coleman (Doctoral student in the Graduate School of Business, University of Stellenbosch Business School, Cape Town, South Africa.)
Nicholas Biekpe (Professor and Director of the African Centre for Investment Analysis (ACIA), Graduate School of Business, University of Stellenbosch Business School, Cape Town, South Africa.)

Corporate Governance

ISSN: 1472-0701

Article publication date: 1 October 2006

3588

Abstract

Purpose

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The purpose of this paper is to examine how corporate governance affects performance of firms in the non‐traditional export (NTE) sector in Ghana.

Design/methodology/approach

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Panel data covering the ten‐year period 1995‐2004 were analyzed within the generalized least squares (GLS) framework.

Findings

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For efficient performance, firms in the NTE sector in Ghana should have indigenous ownership and must ensure more non‐executive directors on their boards.

Research limitations/implications

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More indicators of corporate governance are needed, due to the fact that corporate governance embraces a broader set of indicators.

Practical implications

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There are practical implications for both academics and practitioners.

Originality/value

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Provides an examination of the link between corporate governance and the performance of the NTE sector, which has hitherto not been researched.

Keywords

Citation

Kyereboah‐Coleman, A. and Biekpe, N. (2006), "The link between corporate governance and performance of the non‐traditional export sector: evidence from Ghana", Corporate Governance, Vol. 6 No. 5, pp. 609-623. https://doi.org/10.1108/14720700610706090

Publisher

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Emerald Group Publishing Limited

Copyright © 2006, Emerald Group Publishing Limited

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