Corporate Governance in KSA
- Listed companies anywhere in the world play a pivotal role in the economic growth of the country they operate within and the shared prosperity of their people. Public trust is the foremost denominator for keeping the capital markets afloat. It is therefore necessary to frame up the principles which the listed companies need to adopt for better governance and decision making.
All over the world “Code of Corporate Governance” is issued by the Regulator of Capital Markets to protect the interest of shareholders. The same has been issued by the “Capital Market Authority” in the Kingdom of Saudi Arabia recently.......