CORPORATE GOVERNANCE POLICIES AND REGULATORY ADAPTATION IN CIRCULAR ECONOMY TRANSITION

This study highlights the importance of corporate governance when it comes to compliance with circular economy regulations in companies belonging to various industries. The study adopted the secondary data collection method to review literature from Global,African and Ghanaian sources. The study found out that effective governance strategies with transparent leadership, diverse board structures, and accountability of executive and managerial levels are vital to ensure compliance with regulations and a robust implementation of circular operations. As investors, policymakers, and consumers strengthen their influence as stakeholders, governance structures also respond by driving firms to adopt more sustainable policies. Furthermore, emerging technologies have the capacity to provide and strengthen governance and regulatory compliance through inclusive tools and services such as digital tracking and automated scrutiny systems, but there are constraints in sectors with nascent technological frameworks. Having shown that ethical leadership and transformational governance styles seem to be the driving forces behind compliance, a culture of sustainability weaves itself into the fabric of organizations. Nonetheless, the study identifies important gaps in research, especially concerning the enforcement mechanisms needed for sustained adherence, the need for changes in governance models for small and medium-sized enterprises, and the challenges in implementing digital governance solutions.