Summary
The Corporate Governance Code for Listed Companies 2020 is a set of guidelines developed by the Securities and Exchange Commission of Ghana to promote good corporate governance practices among listed companies in Ghana. The code provides a framework for companies to ensure effective board oversight, transparent and ethical management practices, and appropriate risk management. The code covers several key areas, including board composition and structure, the roles and responsibilities of the board, shareholder rights and engagement, transparency and disclosure, and internal controls and risk management. The code is designed to be flexible, allowing companies to tailor their approach to their specific circumstances and priorities. The aim of the code is to improve the quality of corporate governance among listed companies in Ghana and promote sustainable growth and development in the country. The code is mandatory for all listed companies in Ghana, and failure to comply with the code can result in penalties or sanctions by the Securities and Exchange Commission.
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