Corporate governance, disclosure and foreign share ownership on the Ghana Stock Exchange

dc.contributor.authorBokpin, G.A.
dc.contributor.authorIsshaq, Z.
dc.date.accessioned2019-04-17T11:09:50Z
dc.date.available2019-04-17T11:09:50Z
dc.date.issued2009-07
dc.description.abstractPurpose: The purpose of this paper is to examine the interaction between corporate disclosure and foreign share ownership on the Ghana Stock Exchange (GSE). Design/methodology/approach: The paper follows the trinary procedure of Aksu and Kosedag and uses the Standard & Poor's transparency and disclosure items in the construction of the disclosure index. Therefore, the paper adopts a panel data analysis covering a period from 2002 to 2007 using the seemingly unrelated regression approach. Findings: The results indicate a statistically significant interaction between corporate disclosures and foreign share ownership among the sample firms. The market value of equity and market-to-book value ratio is documented; free cash flow and financial leverage have statistically significant relationships with foreign share ownership. Originality/value: This is the first of its kind in the country that considers the impact of corporate governance and disclosure on foreign share ownership despite the numerous studies carried out on the GSE. © Emerald Group Publishing Limited.en_US
dc.identifier.citationGodfred A. Bokpin, Zangina Isshaq, (2009) "Corporate governance, disclosure and foreign share ownership on the Ghana Stock Exchange", Managerial Auditing Journal, Vol. 24 Issue: 7, pp.688-703, https://doi.org/10.1108/02686900910975387en_US
dc.identifier.otherVol. 24 Issue: 7, pp.688-703
dc.identifier.otherhttps://doi.org/10.1108/02686900910975387
dc.identifier.urihttp://ugspace.ug.edu.gh/handle/123456789/29360
dc.language.isoenen_US
dc.publisherManagerial Auditing Journalen_US
dc.subjectCorporate governanceen_US
dc.subjectDisclosureen_US
dc.subjectGhanaen_US
dc.subjectShareholdersen_US
dc.subjectStock exchangesen_US
dc.titleCorporate governance, disclosure and foreign share ownership on the Ghana Stock Exchangeen_US
dc.typeArticleen_US

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