Opinions of Thursday, 18 March 2004
Columnist: Quarshie, Sowah
Since independence in the 1960s, African leaders, with few exceptions, have attributed almost every malaise to external agents. But a new and angry generation of Africans has emerged. [They] blame local systems of governance: excessive state intervention and corruption.
~ Dr. George B.N. Ayittey [ayittey@american.edu], Professor of Economics, American University, Washington, DC
In Ghana, when a Government or Minister appoints someone to be CEO, they continue to expect that CEO to take management decisions upon their instructions or with their prior approval. Sometimes, even the Board Chairman alone can override the CEO on operational matters. This is a deep and worrisome problem, and has been at the ROOT of the failure of our state-owned enterprises since the 1960s.
~ H. Kwasi Prempeh, Associate Professor of Law, Seton Hall Law School, Newark New Jersey, March 12, 2004
For markets and private sectors to take root, there must be a sound underpinning of institutions, laws, regulations, policies and good governance.
~ Kofi Annan, United Nations Secretary General, New York, New York
It seems nothing has been learned.
~ Dr. George B.N. Ayittey [ayittey@american.edu], Professor of Economics, American University, Washington, DC
We must collectively work towards defeating the Ghana Airways Gate ? the board?s misguided efforts to remove Chief Executive Philip Owusu from office because they don?t get their way is the latest in a long history of scandals that continue to destroy state-owned corporations in Ghana.
~ Kofi A. Korley [kofikorley@msn.com], Vancouver, British Columbia, Canada
Board members in Ghana will start fighting with a CEO if they do not get expected handouts or welfare. This trend of affairs [persistent board interference in a firm?s operations] is FOOLISH and suicidal. The board is not a supreme court. It is only supposed to guide the CEO from excesses. They should not run the company. They are shadow figures who are not directly responsible for the operation of the company. They have destroyed several companies in the country.
~ Amankwatia, USA, March 12, 2004
Ghana must condemn all forms of unconstitutional means of removing leaders from office, from the irresponsible call for a coup in Ghana by NDC MP Edward Doe Adjaho, to the Ghana Airways board?s illegal and reckless attempt to terminate Philip Owusu?s appointment as CEO of Ghana Airways.
~ Nii Oquaye Layea [niioquaye@usa.com], San Francisco, California, March 14, 2004
The decision to remove a CEO from office should be based on how the company is performing financially [not on a hollow and deceptive charge of insubordination]. There may be a good reason why Ghana Airways CEO Philip Owusu does not see eye-to-eye with the board. We need to know that. Maybe the board itself should be fired.
~ Amankwatia, USA, March 12, 2004
It is individuals such as Philip Owusu who can make a difference in our work ethic and managerial mentality. Mr. Owusu [the former World Bank Country Director in Angola] would hardly need even his salary in order to survive..and could remain incorruptible. He can make an excellent name for himself and Ghana by streamlining the management procedures at Ghana Airways.
~ Dr. Kofi Ellison [sikadwa@justice.com], Washington, DC
The attempt by the Ghana Airways Board to remove Philip Owusu from office must be condemned by Ghanaians with basic understanding of the importance of corporate governance and its influence on successful capitalism and economic growth.
~ Kabatin Ismaila [kabatin@europe.com], Helsinki, Finland, March 14, 2004
Board interference of corporate leaders? management operations and removal of CEOs for reasons other than proven record of non-performance continue to be a great disincentive for talented future leaders of businesses in Ghana.
~ Afia N. Sarpong [afiasarpong@engineer.com], Sao Paolo, Brazil, March 13, 2004
They tried UNSUCCESSFULLY to destroy the Ashanti Goldfields Chief Executive Sam Jonah. They would fail again in bringing down the Ghana Airways CEO Philip Owusu.
~ Kokou Amekudzi [kokouamekudzi@yahoo.co.uk], London, England, March 14, 2004
Normally, it is for the CEO, with the help of a team of managers, to take charge of the day-to-day management of the corporation. The board must keep its distance from the routine operations of the SOE and focus, instead, on the "results."
~ H. Kwasi Prempeh, Associate Professor of Law, Seton Hall Law School, Newark New Jersey
Ghanaians must NEVER tolerate the nonsense coming from the Ghana Airways board. Absolutely NO WAY!
~ Dr. Kwame Appiah Dankwa, Long Island, New York, USA
In May 2003, a new team led by E.R.K Dwemoh was selected to form the board of the Ghana Airways. It?s time to dissolve the board again and bring in a new team.
~ Sowah Quarshie [squarshie@msn.com], Attorney @ Law, San Francisco, California, March 13, 2004
Although the ideological context of state enterprises has changed significantly from the "socialist" heydays of the 1960s when state enterprises were the order of the day, the model of corporate governance for state enterprises in Ghana remains practically unchanged. Today, like the 1960s, the governance of Ghana's state enterprises is dominated by politics, patronage, and populism, with considerations of merit, competitiveness, and efficiency still relegated to secondary importance at best. Ghana has in fact been living with a costly corporate governance problem since the 1960s.
~ Center For Democracic Development, Accra, Ghana
I am deeply disappointed that this dysfunctional model of corporate governance persists to this day.
~ H. Kwasi Prempeh, Associate Professor of Law, Seton Hall Law School, Newark New Jersey, March 12, 2004