Ghana news briefing
Robert Nii Arday Clegg writes: What is corporate governance?
As a practical example, Company Law may provide for a minimum number of times that directors must meet, but it is Corporate Governance, properly exercised, that determines whether the minimum suffices.
If the directors meet 15 times in a particular year where diligence dictates that 4 to 6 meetings would optimise performance, Company Law may not have been violated,d but a Corporate Governance question arises.” Company Law was firmly in place in Ghana when the banking crisis of 2017-2019 led to sundry Corporate Governance measures, including the issuance of the Corporate Governance Directive 2018 by the Bank of Ghana.
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