The purpose of this paper is to examine the interaction between corporate governance, ownership
structure, cash holdings, and firm value on the Ghana Stock Exchange. A multiple regression approach using
the seemingly unrelated regression to mitigate the problems of multicollinearity between the cash-holding
variable and other control variables is adopted. Board size is found to be positively and statistically significantly
related to share price among the corporate governance variables. However, a significant relationship between
inside ownership and share price is not found. The results also indicate that additional units of cash holdings do
not have a statistically significant influence on share price. Finally, leverage and income volatility are found to be
significant determinants of share price. This is the first of its kind in the country that considers the impact of
corporate governance, ownership structure, and firm value on the Ghana Stock Exchange (GSE).