Abstract:
The study sought to investigate the role of corporate governance in the relationship between intellectual capital and the performance of banks in Ghana. It used a general dynamic method of moments for all the estimations. Theories like the theory of corporate governance and the theory of intellectual capital were used to support the role of corporate governance in the relationship between intellectual capital and bank performance. It was discovered that good corporate governance, as evidenced by the board’s size and independence, significantly improves intellectual capital’s effect on bank performance in Ghana. Specifically, intellectual capital influences the performance of banks in Ghana positively; board independence affects the performance of banks in Ghana positively; the role of board size on the performance of banks in Ghana was inconclusive in this study; and corporate governance played a positive and significant role in the nexus between intellectual capital and bank performance. The study’s findings served as the basis for the following suggestions: intellectual capital should be enhanced in the banks of Ghana to boost the performance of banks in Ghana. The Bank of Ghana should pass policies that ensure independence to promote high-performance banks in Ghana. Lastly, it was recommended that in-service training should be provided to the board in order to enhance their intellectual capital and board independence.
