Browsing by Author "AMOAKO, SADAT KENNEDY"

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    Corporate governance quality and firms financing decisions: evidence from listed firms in ghana
    (KNUST, 2016-11) AMOAKO, SADAT KENNEDY
    Firms financing behaviour can be affected by various factors among which corporate governance is one. Therefore factors that may affect capital structure of firms should be considered carefully. The purpose of this study is to presents the relationship between corporate governance and capital structure of firms. A sample of fourteen (14) firms quoted on the Ghana Stock Exchange for a period of five years from 2006-2010 was selected. Corporate governance measures employed include board size, board independence and CEO/Chair duality. Similarly, the influence of controlled variables such as firm size, age, growth and profitability on firms financing mechanisms is also investigated. The relationship between the dependent and independent variables were empirically tested using R-square, P-value and F-statistics. Results reveal that corporate governance practices do matter and has important implications for determination of the firms financing policy.