The purpose of this paper is to examine how corporate governance affects performance of firms in the non‐traditional export (NTE) sector in Ghana.
Panel data covering the ten‐year period 1995‐2004 were analyzed within the generalized least squares (GLS) framework.
For efficient performance, firms in the NTE sector in Ghana should have indigenous ownership and must ensure more non‐executive directors on their boards.
More indicators of corporate governance are needed, due to the fact that corporate governance embraces a broader set of indicators.
There are practical implications for both academics and practitioners.
Provides an examination of the link between corporate governance and the performance of the NTE sector, which has hitherto not been researched.
