Abstract:
This study sought to ascertain how corporate governance practices affect the performance of
commercial banks in Ghana, by focusing on solvency and liquidity perspectives. Quantitative
research approach was adopted for study. Secondary data source which was obtained from the
financial statement of five selected Commercial Banks in Ghana from 2012 to 2017. It was found
from the study that, board size has significantly negative effect on both the financial performance
and solvency of Commercial Banks in Ghana. Also, the study found Committee Independency and
Board Diversity to have significantly positive effect on financial performance of Commercial
Banks in Ghana. The study results necessitate that it is prudent for Commercial Banks in Ghana
not to place too much emphasis on the board size but should rather place more on quality of
board membership. Stakeholders or shareholders of the respective Commercial Banks in Ghana
should take into account the likely impact of a board composition on the overall performance of
the firm. The board must be diversified in term of executive and non-executive composition
