Corporate Governance Comparative Guide

1 Legal and enforcement framework

1.1 Which legislative and regulatory provisions and codes of practice primarily govern corporate governance in your jurisdiction?

The following instruments govern corporate governance in Ghana:

• the 1992 Constitution;
• various statutory acts, regulations, rules and laws such as:
• • the Companies Act 2019 (Act 992) (the "Companies Act 2019");
  • the Public Financial Management Act 2016 (Act 921);
  • the State Interest and Governance Authority Act 2019 (Act 990); and
  • the Corporate Insolvency and Restructuring Act 2020 (Act 1015);
• sectoral corporate governance codes;
• professional and private codes of conduct (eg, the Institute of Directors Code and the Professional Bodies Code); and