Effect of Corporate Governance on Financial Distress: Evidence from Listed Firms at Ghana Stock Exchange

This study was conducted to determine the effect of corporate governance on financial distress listed firms at Ghana Stock Exchange (GSE) using panel data from 2015 2019. Specifically, focusses on: The board size GSE, gender diversity ownership concentration GSE and number non-executives GSE. OLS Regression Model has been EVIEWS 11. validated normality, multicollinearity Heteroscedascity test as recommended by previous research due their robustness. found that 15.5% variability in companies is explained practices companies. result suggests a unit change will bring about 12.5% changes management. significant determinant distress. Again, further Moreover, managerial experience However, non-executive capital structure not determinants concludes exerted influence Exchange. recommends selected must develop formulate good policies help regulate manage members so decision-making process firm can be facilitated achieve goals objectives while maintaining stability.