This note will discuss the meaning of corporate governance, its essence, the principles of corporate governance, and the regulation of corporate governance in Ghana.
This note will define a theory, its essence, and discuss the entity theory, the contractarian theory, and the stakeholder theory as a variant of the contractarian theory.
This note will briefly highlight the entities through whom a company acts. The entities to be highlighted are the board of directors, members in a general meeting, and officers.
This note will briefly define directors, their appointment, qualifications, types, and tenure. It is essential to note that this note is merely introductory to a subsequent note on the board of directors.
In a previous note, we provided an overview of the directors of the company. In this note, we will consider directors as a collective body known as the board of directors. The note defines the board of directors, its primacy, composition, structure, and remuneration, among other matters.
In a previous note, we discussed the role of directors in the administration of a company's business. In this note, we will discuss the duties imposed on directors. These duties are intended to regulate directors' conduct. The note will highlight approaches to regulating directors’ conduct, then discuss the duties of directors under the Companies Act, 2019 (Act 992).
In a previous note, we discussed the duties of directors. A breach of these duties by the directors gives rise to liability. This note highlights the liabilities of directors following a breach of duty and how those liabilities can be enforced against them.
This note will discuss the powers of directors in Ghana under the Companies Act, 2019 (Act 992) and the limitations placed on those powers. The powers to be discussed are the powers of directors to issue new and unissued shares, the powers to enter into transactions on behalf of the company, the powers to borrow, the powers to make voluntary contributions to charities, the powers to recommend the amount to be paid as dividends, and the and the powers to fill casual vacancies (auditor and directors).
This note will discuss the rights that accrue to members of a company, having become members through any of the four means of becoming a member discussed in a previous note.
This note will explain the term “agency problems”, discuss the three instances in which it arises, highlight why it arises, and discuss five sets of legal strategies for dealing with them. In discussing each of these sets, the note will examine how the Companies Act, 2019 (Act 992) provides and recognises those strategies.