Publication:
Ghana : Report on the Observance of Standards and Codes (ROSC), Corporate Governance Country Assessment

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dc.contributor.authorWorld Bank
dc.date.accessioned2012-06-19T19:46:47Z
dc.date.available2012-06-19T19:46:47Z
dc.date.issued2005-05
dc.description.abstractThis report assesses Ghana's corporate governance policy framework, enforcement and compliance practices. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides investors with a benchmark against which to measure corporate governance in Ghana. Ghana is a promising capital market with remarkable recent performance, significant momentum and will for improvement. Continuing challenges are presented however, by its weak institutional base and capacity, as well as by persistent gaps in enforcement. The report identifies several key next steps that focus on implementation, including: 1. A concentrated effort to raise awareness of corporate governance, transparency and accountability. The effort should include director training, possibly with Securities and Exchange Commission (SEC) certification requirements. 2. An overhaul of the institutional framework and capacity, including training, resources, and effectiveness. Particular focus should be directed at promoting the new specialized commercial court, and private arbitration; developing a central depository system for equities; creating an effective companies registry; and improving enforcement of accounting and auditing. 3. Continued legislative review and modernization. 4. An improvement of SEC resources and training would enable it to focus on rule-making and enforcement of disclosure quality, related party transactions, insider trading, ownership disclosure (especially by directors and insiders), management of conflicts of interest among market operators, and shareholder redress. Improved electronic market surveillance by the Ghana Stock Exchange will assist with this ambitious agenda. These measures will help develop Ghana's capital markets, attract investors, and promote best practice of investor protection.en
dc.identifierhttp://documents.worldbank.org/curated/en/2005/05/6732815/ghana-report-observance-standards-codes-rosc-corporate-governance-country-assessment
dc.identifier.doi10.1596/8470
dc.identifier.urihttps://hdl.handle.net/10986/8470
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.relation.ispartofseriesReport on the Observance of Standards and Codes (ROSC);
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO INFORMATION
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING STANDARDS
dc.subjectACQUISITIONS
dc.subjectALTERNATIVE DISPUTE RESOLUTION
dc.subjectAUDIT COMMITTEE
dc.subjectAUDIT COMMITTEES
dc.subjectAUDITOR INDEPENDENCE
dc.subjectAUTHORITY
dc.subjectBANKS
dc.subjectBENEFICIAL OWNER
dc.subjectBENEFICIAL OWNERS
dc.subjectBOARD MEETINGS
dc.subjectBUSINESS LAW
dc.subjectCAPITAL MARKETS
dc.subjectCHARTERED ACCOUNTANTS
dc.subjectCHIEF EXECUTIVE
dc.subjectCO-OPERATIVES
dc.subjectCOLLECTIVE
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMON LAW
dc.subjectCOMMON LAW SYSTEM
dc.subjectCOMPANIES ACT
dc.subjectCOMPANY
dc.subjectCOMPANY LIMITED
dc.subjectCOMPANY LIMITED BY GUARANTEE
dc.subjectCONFLICTS OF INTEREST
dc.subjectCONFLICTS OF INTERESTS
dc.subjectCONTROLLING SHAREHOLDERS
dc.subjectCORPORATE BODY
dc.subjectCORPORATE DISPUTE
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORPORATE GOVERNANCE PRINCIPLES
dc.subjectCORPORATE GOVERNANCE REFORMS
dc.subjectCORPORATE GOVERNANCE STANDARD
dc.subjectCORPORATE SECURITIES
dc.subjectCORPORATION
dc.subjectCORPORATIONS
dc.subjectCORPORATIZATION
dc.subjectCORRUPTION
dc.subjectCOURT SYSTEM
dc.subjectDECREE
dc.subjectDEMOCRATIC DEVELOPMENT
dc.subjectDISCRIMINATION
dc.subjectDISPUTE RESOLUTION
dc.subjectDUE DILIGENCE
dc.subjectDUTY OF CARE
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC PERFORMANCE
dc.subjectENFORCEMENT POWERS
dc.subjectETHICAL STANDARDS
dc.subjectEXCHANGE COMMISSION
dc.subjectEXPANSION
dc.subjectFAMILY FIRMS
dc.subjectFIDUCIARY DUTIES
dc.subjectFINANCIAL CRISES
dc.subjectFINANCIAL DISCLOSURES
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFOREIGN INVESTORS
dc.subjectFULL DISCLOSURE
dc.subjectGOOD CORPORATE GOVERNANCE
dc.subjectGOVERNANCE ENVIRONMENT
dc.subjectGOVERNANCE ISSUES
dc.subjectINCOME
dc.subjectINCORPORATED
dc.subjectINDEPENDENT AUDIT
dc.subjectINDEPENDENT DIRECTORS
dc.subjectINDIVIDUALS
dc.subjectINFORMAL SECTOR
dc.subjectINSIDER TRADING
dc.subjectINSOLVENCY
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINSTITUTIONAL FRAMEWORK
dc.subjectINSTITUTIONAL INVESTOR
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSTITUTIONAL SHAREHOLDERS
dc.subjectINVESTOR PROTECTION
dc.subjectJUDICIAL BODIES
dc.subjectLARGE COMPANIES
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL SYSTEM
dc.subjectLEGISLATION
dc.subjectLIMITED
dc.subjectLIMITED LIABILITY
dc.subjectLIQUIDATION
dc.subjectLISTED COMPANIES
dc.subjectMAJORITY SHAREHOLDERS
dc.subjectMARKET INSTITUTIONS
dc.subjectMERCHANT BANK
dc.subjectMERGER
dc.subjectMERGERS
dc.subjectMICROENTERPRISES
dc.subjectMINISTRY OF FINANCE
dc.subjectMINORITY SHAREHOLDERS
dc.subjectMULTINATIONAL COMPANIES
dc.subjectOWNERSHIP CONCENTRATION
dc.subjectPARLIAMENT
dc.subjectPARTNERSHIP
dc.subjectPERSONS
dc.subjectPRIVATE COMPANIES
dc.subjectPRIVATE ENTERPRISE
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC COMPANIES
dc.subjectPUBLIC FIRMS
dc.subjectPUBLIC OFFERINGS
dc.subjectPUBLIC POLICY
dc.subjectPUBLIC SECTOR
dc.subjectREGULATORY AUTHORITIES
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY REQUIREMENTS
dc.subjectREORGANIZATIONS
dc.subjectRIGHTS OF SHAREHOLDERS
dc.subjectRULE OF LAW
dc.subjectSECURITIES LAW
dc.subjectSECURITIES LAWS
dc.subjectSECURITIES REGULATOR
dc.subjectSHARE CAPITAL
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDER RIGHTS
dc.subjectSOCIETIES
dc.subjectSOCIETY
dc.subjectSTAKEHOLDER
dc.subjectSTAKEHOLDERS
dc.subjectSTATE ENTERPRISE
dc.subjectSTATE ENTERPRISES
dc.subjectSTATE OWNERSHIP
dc.subjectSTATE-OWNED ENTERPRISES
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCK EXCHANGES
dc.subjectSTOCK MARKET
dc.subjectSUBSIDIARIES
dc.subjectSUBSIDIARY
dc.subjectTAKEOVERS
dc.subjectTRANSPARENCY
dc.subjectTRUSTS
dc.subjectVOTING
dc.titleGhana : Report on the Observance of Standards and Codes (ROSC), Corporate Governance Country Assessmenten
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.date.disclosure2006-04-18
okr.date.doiregistration2025-05-07T12:25:41.731510Z
okr.doctypeEconomic & Sector Work::Corporate Governance Assessment (ROSC)
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2005/05/6732815/ghana-report-observance-standards-codes-rosc-corporate-governance-country-assessment
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid619821468035969269
okr.identifier.externaldocumentum000160016_20060418104812
okr.identifier.internaldocumentum6732815
okr.identifier.report35877
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/04/18/000160016_20060418104812/Rendered/PDF/358770GH0ROSC010governance01PUBLIC1.pdfen
okr.region.administrativeAfrica
okr.region.countryGhana
okr.region.geographicalWest Africa
okr.region.geographicalSub-Saharan Africa
okr.sectorFinance
okr.sectorIndustry and trade
okr.topicLaw and Development::Corporate Law
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicGovernance::National Governance
okr.topicGovernance::Governance Indicators
okr.topicSmall Scale Enterprise
okr.topicIndustry
okr.unitCorporate Governance - WB (FCMCG)
okr.volume1 of 1
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