Nyuur, R.B.Ofori, D.F.Dedzo, B.Q.2024-09-202024-09-202020Nyuur, R.B., Ofori, D.F. and Dedzo, B.Q. (2020) ‘Corporate governance in banks: impact of board attributes on banks performance’, African J. Accounting, Auditing and Finance, Vol. 7, No. 1, pp.24–41.DOI: 10.1504/AJAAF.2020.10031077https://ugspace.ug.edu.gh/handle/123456789/42580Research ArticleThe study examines the impact of the board of directors’ composition on firm performance in the Ghanaian banking industry. Using the GMM, fixed and random effect econometric models, the presence of independent non-executive directors (INEDs) on boards are found to significantly and positively contribute to higher bank performance in terms of return on assets. Board size is also found to have significantly influenced banks' performance positively concerning both return on assets and return on equity, but negatively affects the net profit margins of banks. The study further establishes that board members political attachment has a profound adverse influence on firm performance particularly on net interest margin. These findings provide further insights into the impact of board attributes on firm performance in the banking industry, especially in a developing and under-researched context. Research and practical implications are discussed.encorporate governanceboard compositionindependent directorsfirm performanceGhanaArticle