This study aims to provide further evidence on the effect of corporate governance on the performance of Ghanaian banks. Two performance measures were used in this study, namely: Return on Asset (ROA) and Cost-Income Ratio (CIR). Data for the analysis were sourced from 21 commercial banks from 2005 to 2015. Regression estimation techniques were employed for analysis purposes. The result revealed that large board size reduces banks’ performance. Furthermore, CEO duality and foreign ownership negatively affect the performance of banks. However, while the effect of CEO duality was significant on CIR, it was not significant in the case of ROA. On the contrary, the effect of foreign ownership was only significant on ROA.  Moreover, board independence has a significant positive effect on both CIR and ROA, while audit committee independence has no significant effect on CIR and ROA. The paper argues that for a good corporate governance practice, banks should institute a small board with more than half of the members being independent directors. Furthermore, the role of the board chair should be separated from that of the managing director/CEO. The study provides insight and further evidence to stakeholders and regulators to deal with the crisis in the Ghanaian banking sector.

The study examined the theoretical motivation for carbon disclosure and its adequacy for deliberate responsible action. Generally, there is an increase in corporate carbon disclosures in the business sector. Organizations are mostly disclosing their carbon emissions through annual reports, integrated reports, or stand-alone sustainability reports for different reasons and motives. However, the study infers that the quality and adequacy of the current disclosures are debatable due to a lack of consistency and technical details. The causal reason may be due to the inherently voluntary nature of the corporate carbon disclosure. The study finds that there is less research on carbon accounting and disclosures in developing countries especially, in Africa. There is a need for organizations to streamline the application and approaches to carbon accounting. The study suggests the necessity for government regulators and standard setters in accounting to provide a framework that will guide carbon disclosure practices.

This study investigates the perspectives of internal auditors and their stakeholders on whether independence, objectivity, and standard usage will lead to value-added and implementation of the recommendations of internal audit function (IAF). Using a survey, we collected data from 142 Institute of Internal Auditors (IIA) members in Ghana and 139 stakeholders. We used PLS SEM to test the hypothesis. The findings suggest that independence, objectivity, and compliance with standards would add value, as perceived by both internal auditors and their stakeholders. The results from stakeholders suggest that independence and objectivity, compliance with standards, and value-added will lead to the implementation of recommendations. However, internal auditors perceive that compliance with standards and value-added will not automatically result in the implementation of recommendations. This study represents the first effort to investigate the impact of independence and objectivity, compliance with standards on value-added, and the implementation of recommendations.