Exploring the Role of the Office of the Company Secretary in Strengthening Corporate Governance and Administrative Justice in Listed Companies in Ghana
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Date
2015-06
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University of Ghana
Abstract
The purpose of this study was to explore the role of the office of the company secretary in strengthening corporate governance and administrative justice in listed companies in Ghana.
Methodologically, the study took the qualitative approach and used interview guide and face-to-face interview to extract data from respondents. Ten (10) company secretaries from thirty eight (38) listed companies were used for the study. The data was analysed using thematic approach.
The study found that among the key roles of the office of the company secretary is compliance to all regulatory regimes. The company secretary also serves an interface between board and management. Almost all (80%) the company secretaries were female lawyers. It was also observed that in some companies, the head of legal’s role was distinct from the company secretary’s, though in some companies the head of legal also was the company secretary. It also came to the fore that the culture and practice of corporate governance and administrative justice vis-a-vis the company secretary’s role appear more challenging in companies that were previously state-owned and or wholly Ghanaian than foreign (global oriented) companies. The study also revealed that administrative justice role was seen as a role performed by human resource department rather than the office of company secretary.
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Thesis (MPhil) - University of Ghana, 2015