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Criteria For Appointing Board Members to Corporate Boards in Ghana

<p> The purpose of this qualitative exploratory case study was to explore and find out the criteria that leaders of corporate boards in Ghana consider in appointing non-executive directors. Twenty for-profit corporations made the sample size for interviews and observations. The researcher conducted in-depth interviews with convenient and willing board chairmen. The interviews involved open-ended questions about competencies and qualifications looked for in board member candidates. Data from secondary sources such as curriculum vitae of existing non-executive board members were reviewed to validate data. The QSR NVivo 8 software product was used to code and analyze the research data into themes. QSR is a software package that analyzes data for themes in words, sentences, or paragraphs of electronic written data, often discovering themes the human eye could miss. Nine themes emerged representing criteria considered in selecting and appointing non-executive directors. The criteria identified were independent mind, expertise and experience, availability of the prospective appointee, entrepreneurial orientation, proving integrity, leadership orientation, good academic background, networking advantage, and trusted friends. The results of the research may ensure the appointment of right persons to corporate boards for good corporate governance in Ghana and high profitability in organizations. The Ghana government may incorporate in the corporate governance regulations standard criteria for appointment of non-executive directors to all boards of organizations.</p><p>

Identiferoai:union.ndltd.org:PROQUEST/oai:pqdtoai.proquest.com:10833995
Date08 May 2018
CreatorsKyereboah, Richard
PublisherUniversity of Phoenix
Source SetsProQuest.com
LanguageEnglish
Detected LanguageEnglish
Typethesis

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