Company Law & Governance of Other Corporate Bodies in Ghana PDF Download

Author: Justice Kusi-Minkah Premo
Publisher:
ISBN: 9789988547936
Category : Corporation law
Languages : en
Pages : 0

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Author: Kenneth N.O. Ghartey
Publisher:
ISBN:
Category :
Languages : en
Pages : 23

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Book Description
The scope of directors' duties forms perhaps the most important part of corporate governance. This paper measures the trajectory of the regulation of directors' duties under Ghanaian company law from the Companies Act, 1963 (Act 179) to the Companies Act, 2019 (Act 992). It considers whether the scope, formulation and structure of directors' duties within the new legislation is capable of promoting corporately beneficially director behavior. It also discusses whether framework is apt to deal with the recent lapses in corporate governance exemplified by opportunistic and reckless director behavior which have been identified as part of the cause of the mass of insolvencies in systemically important parts of the Ghanaian economy between 2017 and 2019. It discovers that Act 992 places a greater reliance on specific rules while maintaining the usual principle-based regulatory technique adopted for regulating director conduct under Act 179. The overall tenor of the framework of director's duty under the new Act points to a firmer legislative view of the serious consequences of reckless director conduct. The paper concludes that the language of the framework for directors' duties is capable of promoting corporately beneficially director behavior and is also apt to deal with the recent lapses in corporate governance which led to the financial sector insolvencies in Ghana.

Author: Kwasi Prempeh
Publisher:
ISBN:
Category : Corporate governance
Languages : en
Pages : 12

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Author: P. Ebow Bondzi-Simpson
Publisher:
ISBN: 9789988778316
Category : Corporation law
Languages : en
Pages : 320

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Author: Mazi Okechukwu C. K. Unegbu
Publisher:
ISBN:
Category : Bank management
Languages : en
Pages : 440

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Author: Ayisha Ahmed Zakaria
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Corporate governance is a concept that involves practices of organizational management and control. It involves balancing the interests of people who provide resources to the company and contribute to its performance such as the shareholders, creditors, employees and suppliers. Studies have shown that companies that have adopted the concept of corporate governance tend to display great performance. Thus, corporate governance is increasingly being recognized as one of the important aspect of ensuring effective and efficient corporate development.This paper examines the general recognition of the Code of Corporate Governance in Ghana by considering the level of compliance and the factors that affect compliance. This paper will reflect on the provisions of the Code which are more or less complied with, the causes of non-compliance with the code and some ways of enhancing effective corporate governance in Ghana.The standards for corporate governance in Ghana are regulated by the Listing Regulations 1990 (L.I 1,509) of Ghana Stock Exchange (GSE), the Security Industry Laws 1993 (PNDCL 333) as amended by the Securities Industry Act, 2000 (Act 590) and the Companies Code 1963 (Act 179). These statutes provides shareholders' rights and regulatory framework for operations of corporate organizations in corporate governance practices. Some companies have adopted the principles of corporate governance which is based on transparency, accountability, fairness, legality and integrity. Also, a few companies have made their Annual Reports comprehensive enough to attract various stakeholders.Corporate governance is an essential part of business management and as such, management should be encouraged to comply with the code of corporate governance for the benefit of the organization at large.

Author: Ferdinand Adadzi
Publisher:
ISBN: 9789988315757
Category : Corporation law
Languages : en
Pages : 1262

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Author: Louis Loss
Publisher:
ISBN:
Category : Corporation law
Languages : en
Pages : 76

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Author: OECD
Publisher: OECD Publishing
ISBN: 9264173706
Category :
Languages : en
Pages : 42

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Book Description
These principles of corporate governance, endorsed by the OECD Council at Ministerial level in 1999, provide guidelines and standards to insure inclusion, accountability and abilit to attract capital.

Author: Tshepo Mongalo
Publisher:
ISBN: 9780627040139
Category : Commercial law
Languages : en
Pages : 0

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Book Description
"Corporate law is essentially concerned with, first, providing a corporate entity or organ with the means to facilitate and regulate the process of raising capital (i.e. legal principles of corporate finance) and, second, imposing controls on persons whose power is elevated by the finance that the use of the corporate form has placed at their disposal (i.e. corporate governance). Corporate law and corporate governance offers up-to-date content dealing with regulation of different aspects of business organisations (particularly companies). Corporate law and corporate governance demystifies a number of corporate law concepts, ranging from incorporation and legal personality to fundamental transactions, takeovers and offers. These concepts are discussed against the backdrop of the Constitution of the Republic of South Africa, 1996 and its impact on the development of corporate law. The book provides an extensive interpretation of the King IV4́Ø corporate governance principles in the context of the legal framework of the Companies Act, 2008 and the common law. Of special note, it includes a review of the common law origins of partnerships and business trusts. All chapters have been updated in line with recent developments."--Back cover.