A Global Reporting Initiative (GRI) Based Analysis of Corporate Governance Disclosure Reporting on the Websites of Ghanaian Listed Banks
Date
2019-07
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of Ghana
Abstract
The study examined the web-based disclosure practices of governance information among listed
banks in Ghana. Based on the G4 sustainability framework produced by the Global reporting
Initiative (GRI), the study undertook a content analysis of the corporate websites of the banks
considered. Banks included in the study were Access Bank Plc, Agricultural Development Bank,
CAL Bank, Ghana Commercial Bank, ECO Bank, Republic Bank, and Standard Chartered Bank.
The finding of the study suggests a general low-level disclosure of governance information among
Ghanaian listed Banks. Specifically, the study found that apart from disclosures on organizational
profile, listed banks in Ghana do not report information on governance aspects pertaining to
organizational strategy, stakeholder engagement, governance process, and ethical values and
integrity. Despite the general low-level disclosure of governance information, access bank proved
to be an exception as it reported the most governance information on its website compared to the
other banks. The study therefore recommends that banks in Ghana adopt a standard framework of
reporting governance information such as the GRI framework, and Thompson Reuters Asset 4
sustainability framework.
Description
MSc. Development Finance
Keywords
Global Reporting Initiative (GRI), Report Sustainability, Governance Information, Ghana