IDEAS home Printed from https://ideas.repec.org/a/asi/ijoass/v9y2019i2p229-239id3112.html
   My bibliography  Save this article

Saudi Arabia Regulations on Corporate Governance

Author

Listed:
  • Algoere Turki Naif S
  • Hasani Mohd. Ali

Abstract

The concept of corporate governance has been introduced and developed to address financial scandals and corporate misconducts as experienced by various countries across the world. This paper discusses the recent development of corporate governance in Saudi Arabia. Saudi Arabia has amended its corporate governance regulation in 2017 for the purpose of promoting accountability, transparency and stewardship of investors’ capital. The methodology adopted in this paper is the content analysis approach wherein related literature was discussed and analysed, particularly the local laws and other relevant documents. The finding of this study reveals that despite the Saudi Regulation on corporate governance was amended in 2017 in order to cure the defect of the earlier Regulations; still, there are other pending issues that are not in conformity with the international best practices. Thus, addressing these identified issues will go a long way in meeting the objectives of the Capital Market Authority; reflect the conventional developments in the corporate sector and upgrades the Saudi Arabian corporate reputation.

Suggested Citation

  • Algoere Turki Naif S & Hasani Mohd. Ali, 2019. "Saudi Arabia Regulations on Corporate Governance," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 9(2), pages 229-239.
    • Handle: RePEc:asi:ijoass:v:9:y:2019:i:2:p:229-239:id:3112
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5007/article/view/3112/4830
    Download Restriction: no
    File URL: https://archive.aessweb.com/index.php/5007/article/view/3112/5764
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kaouther Chebbi & Mohammed Abdullah Ammer, 2022. "Board Composition and ESG Disclosure in Saudi Arabia: The Moderating Role of Corporate Governance Reforms," Sustainability, MDPI, vol. 14(19), pages 1-25, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:ijoass:v:9:y:2019:i:2:p:229-239:id:3112. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5007/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.