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Board characteristics, asset quality, and firm profitability: evidence from the ghanaian banking sector

A thesis submitted to the department of accounting and finance, Kwame Nkrumah university of science and technology, in partial fulfilment of the requirements for the award of master of business administration (finance)

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Main Author: GYIMAH MICHAEL BAAFI
Format: Thesis
Language:English
Published: KNUST 2024
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access_status_str Open Access
author GYIMAH MICHAEL BAAFI
author_browse GYIMAH MICHAEL BAAFI
author_facet GYIMAH MICHAEL BAAFI
author_sort GYIMAH MICHAEL BAAFI
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description A thesis submitted to the department of accounting and finance, Kwame Nkrumah university of science and technology, in partial fulfilment of the requirements for the award of master of business administration (finance)
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language English
last_indexed 2026-06-10T12:31:19.760Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana)
publishDate 2024
publishDateRange 2024
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spelling oai:ir.knust.edu.gh:123456789/15406 Board characteristics, asset quality, and firm profitability: evidence from the ghanaian banking sector GYIMAH MICHAEL BAAFI A thesis submitted to the department of accounting and finance, Kwame Nkrumah university of science and technology, in partial fulfilment of the requirements for the award of master of business administration (finance) Following the collapse of giant institutions such as Enron and worldcom, the concept of corporate governance began to exasperate the interest of scholars, academicians, and major stakeholders who have invested their hard-earned money in companies. Likewise, in the Ghanaian context, the collapse of many banks as well as the revocation of the license of many financial institutions are attributed to the issues of corporate governance. For this reason, the current study analysed board characteristics, asset quality, and profitability of banks in Ghana. Data was collected from the annual reports of 11 banks spanning from 2015 to 2020. From the results, the study found a significant positive relationship between asset quality and board size, board independence and board meetings among banks in Ghana. Furthermore, it was found that there is a strong positive relationship between asset quality and the profitability of banks in Ghana. Based on these findings, the study recommended banks should consider expanding their board of directors to include a diverse range of individuals with expertise in different areas of finance and asset management, which can contribute to better decision-making and ultimately enhance asset quality. Moreover, it was recommended that banks should establish robust monitoring mechanisms to evaluate and assess asset quality continuously. This will enable the board to identify any potential issues or areas for improvement and take appropriate actions in a timely manner. Finally, it is crucial for banks to prioritize maintaining a strong and healthy asset portfolio by effectively managing credit risk, minimizing non-performing assets, and ensuring regular audits and evaluations of asset quality. 2024-01-26T11:31:32Z 2024-01-26T11:31:32Z 2023 Thesis https://ir.knust.edu.gh/handle/123456789/15406 en application/pdf KNUST
spellingShingle GYIMAH MICHAEL BAAFI
Board characteristics, asset quality, and firm profitability: evidence from the ghanaian banking sector
title Board characteristics, asset quality, and firm profitability: evidence from the ghanaian banking sector
title_full Board characteristics, asset quality, and firm profitability: evidence from the ghanaian banking sector
title_fullStr Board characteristics, asset quality, and firm profitability: evidence from the ghanaian banking sector
title_full_unstemmed Board characteristics, asset quality, and firm profitability: evidence from the ghanaian banking sector
title_short Board characteristics, asset quality, and firm profitability: evidence from the ghanaian banking sector
title_sort board characteristics asset quality and firm profitability evidence from the ghanaian banking sector
url https://ir.knust.edu.gh/handle/123456789/15406
work_keys_str_mv AT gyimahmichaelbaafi boardcharacteristicsassetqualityandfirmprofitabilityevidencefromtheghanaianbankingsector