279 research outputs found

    2024-11-21 Governance Committee Report

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    Governance Committee report submitted to the Faculty Senate on November 21, 2024

    2023-09-07 Governance Committee Report

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    Governance Committee Report submitted to the Faculty Senate on September 7, 2023

    2022-11-03 Governance Committee Resolution

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    A resolution submitted by the Governance Committee to the Faculty Senate on November 3, 2022 describing the suspension and removal of the Faculty Regent and the procedure whereby the President of the Faculty Senate shall assume the position for the remainder of the term

    2024-09-19 Governance Committee Report

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    Governance Committee report submitted to the Faculty Senate on September 19, 2024

    AS-930-22 Resolution on Temporary Adoption of a 3-Year Catalog During Quarter-to-Semester Conversion

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    Approved a policy for temporarily converting to a three-year Catalog cycle, which reclassified the 2022-23 Catalog currently undergoing final review as the 2022-2025 Catalog; and furthermore, resolved that the 2022-2025 Catalog go into effect for Fall 2022 through Summer 2025, and that this resolution will expire in Fall 2025, returning Cal Poly to a one-year cycle of Catalog review

    The governance-performance relationship: evidence from Ghana

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    Purpose-The purpose of this paper is to investigate the impact corporate governance, measured by a governance index, on the performance of listed firms in a developing economy, Ghana. It also evaluates the effect of the introduction of a code of corporate governance on compliance rates across Ghanaian firms as well as assessing the impact of the code's introduction on firm performance for the study period 2000-2009. Design/methodology/approach-The paper develops a Ghanaian corporate governance index (GCGI) containing 33 provisions to measure corporate governance quality during the pre-code and the post-code sub-periods. The authors use a panel data analytical framework and fixed effects regressions to analyse the governance-performance relationships. Findings-After controlling for endogeneity, the authors find a statistically significant and positive relationship between the GCGI and firm performance. The analysis shows evidence of a statistically significant increase in the degree of compliance with the Ghanaian Code from the pre-2003 sub-period to the post-2003 sub-period. The authors also find that the introduction of the code has led to improved firm performance. However, not all elements of corporate governance appear to have a significant effect on firm performance. Research limitations/implications-One limitation of this study is the development of a corporate governance index. The binary coding used to construct the GCGI may not reflect the relative importance of the different corporate governance provisions. This means that all elements included in the index are given equal weighting. Future research may assign weights to each of the corporate governance provisions but this may have the disadvantage of making subjective judgements relative to the importance of each corporate governance provision recommended by the Ghanaian Code. Practical implications-These results have important implications for both policy makers and companies. For policy makers, it is encouraging for the development of a code of corporate governance to regulate firms rather than enforcing rigid laws that may not be value relevant. For companies, the improvement in compliance with a code of corporate governance can provide a means of achieving improved performance. Originality/value-This paper adds to the limited evidence on the governance-performance relationship in developing economies and in particular it analyses the role of a governance index. It is also the first paper to compare the pre- and the post-code governance index-performance relationship in an African or developing country
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