Corporate Governance Overview- The Saudi Arabian Context

Corporate governance refers to internal arrangement that encompasses procedures, practices and individuals, which aids the needs of stockholders and other investors, by guiding and monitoring organization actions with good corporate savvy, fairness and honesty. Good Corporate governance supports im...

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Bibliographic Details
Main Authors: Kartinah, Binti Ayupp, Norizan, Binti Jaafar, Lubna, Javed Rizvi
Format: Article
Language:English
Published: The Mattingley Publishing Co., Inc. 2019
Subjects:
Online Access:http://ir.unimas.my/id/eprint/28429/1/Corporate%20Governance%20Overview-The%20Saudi%20Arabian%20Context%20-%20Copy.pdf
http://ir.unimas.my/id/eprint/28429/
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Institution: Universiti Malaysia Sarawak
Language: English
Description
Summary:Corporate governance refers to internal arrangement that encompasses procedures, practices and individuals, which aids the needs of stockholders and other investors, by guiding and monitoring organization actions with good corporate savvy, fairness and honesty. Good Corporate governance supports impartiality, honesty, and transparency in its accountabilities to investors. Good corporate governance practices simplifies economic competence by concentrating on value-enhancing actions and aids proficient distribution of scarce resources. This is accomplished when corporations proficiently employ their resources, attract low cost capital, meet societal anticipations and improve overall performance. This paper discusses different frameworks with their critical analysis. Moreover this paper sheds the light on Saudi Arabian Corporate governance arrangements and their legal context.