Antecedents And Consequences Of Board Interlocks: Evidence From The Ghana Stock Exchange

ABSTRACT This study investigates the antecedents and consequences of board interlocks on the Ghana Stock Exchange. The study looks at how factors such as the auditor network, industry network, foreign or local ownership network, gender effect, age effect, gender homophile and age homophile could influence the formation of interlocks between firms. The study also examined the relation between interlocks and Return on Assets, Return on Equity and Profitability among the firms. Data for the study was based on a five-year panel data covering 2005 to 2009 on 35 listed companies on the Ghana Stock …