Artikel

Corporate governance in Saudi Arabia: An overview of its evolution and recent trends

In spite of growing interest in Saudi corporate governance systems, there is little literature on the evolution of Saudi corporate governance. This study helps close this gap by investigating and compiling corporate governance development in Saudi Arabia. After providing background information for Saudi Arabia and its corporate governance model, we touch on the Saudi legal system and key external institutions that helped shape its corporate governance. We examine the specific contributions of the accounting and auditing professions, and the roles of the National Anti-Corruption Commission and the Saudi Stock Exchange. We describe key reforms implemented to develop the Saudi economy and evaluate their importance in facilitating change in corporate governance practices. This study contributes as an initial point of reference for future studies on Saudi Arabia, and serves as a one stop resource for both academics and practitioners, while specifically benefitting foreign and domestic investors considering investments in Saudi Arabia.

Sprache
Englisch

Erschienen in
Journal: Risk Governance & Control: Financial Markets & Institutions ; ISSN: 2077-429X ; Volume: 10 ; Year: 2020 ; Issue: 1 ; Pages: 23-36 ; Sumy: Virtus Interpress

Klassifikation
Wirtschaft
General Financial Markets: Government Policy and Regulation
Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance
Corporate Finance and Governance: Government Policy and Regulation
Business and Securities Law
Thema
Capital Markets
Corporate Governance
Ownership
Foreign Direct Investment
Saudi Arabia
Saudi Legal System
Stock Market Crash

Ereignis
Geistige Schöpfung
(wer)
Al-Faryan, Mamdouh Abdulaziz Saleh
Ereignis
Veröffentlichung
(wer)
Virtus Interpress
(wo)
Sumy
(wann)
2020

DOI
doi:10.22495/rgcv10i1p2
Handle
Letzte Aktualisierung
20.09.2024, 08:21 MESZ

Objekttyp

  • Artikel

Beteiligte

  • Al-Faryan, Mamdouh Abdulaziz Saleh
  • Virtus Interpress

Entstanden

  • 2020

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