Abstract:
The financial performance of the manufacturing industry is very important in terms of
their profitability, as one of the ways that can be done by the company's management,
to meet the obligations of the parties concerned in achieving the vision and mission of
the company. As such, the research aims to provide evidence on how corporate
governance and corporate social responsibility affect the profitability of
manufacturing firms. The data from the audited annual reports of companies trading
on the Ghana stock exchange from the years 2010 to 2021 made up the scope of the
study. 165 firm-year observations were the sample for this study. Using this data, the
study found out that board characteristics such as board independence, board size,
board diversity (gender) firm size and age are all positively and significantly
related to the performance of the manufacturing firms. The study concluded that the
different attributes of corporate governance and corporate social responsibility
influences performance indicators differently. Thus, it is recommended for Ghanaian
manufacturing companies to improve their image/reputation, corporate companies in
Ghana should engage in CSR operations in all its aspects, thereby growing their
returns and should make adequate disclosures on CSR activities.
Description:
A dissertation in the Department of Accounting, School of Business, submitted to the School of Graduate Studies in partial fulfillment of the requirements for the award of the degree of Master of Business Administration (Accounting) in the University of Education, Winneba
JANUARY, 2023