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Dissertation or Thesis # 114317 :: Corporate Governance in Arab Countries
Explores the concept of corporate governance especially as practiced in the Middle East and North Africa (MENA) countries.
Written in 2009; 11,230 words; 17 sources; MLA; $ 220.95
Paper Summary:
This paper explains that, although no general definition for the term corporate governance exists, it can be viewed as a set of principles and rules by which a company is directed and controlled. Countries in the Middle East and North Africa (MENA) region, the author reports, are emphasising sound corporate governance codes to create better economies and consequently more attractive investment climates for future investors. The paper is based on a survey that focuses on the establishment of good corporate governance codes in this region which has been conducted by the Hawkamah Institute for corporate governance in Dubai.

Table of Contents:
Introduction
What is Corporate Governance?
Who Benefits from Good Corporate Governance?
MENA Countries and their Recent Development
Corporate Governance in the MENA Countries - An Overview
Hawkamah Institute for Corporate Governance in Arab Countries
Implementing Corporate Governance: Practice vs. Theory
The Survey
General Findings
Still at the Beginning
Board of Directors
Board Structure
Board Size
Establishing Board Committees
Board Meetings
One Director, One Board? Multiple Directorships
Managerial Labor Market
Executive Compensation, Risk Management
Internal Controls
Internal Audit
External Audit
Audit Committee
Transparency and Disclosure
What is being Disclosed?
Any Barriers Preventing Disclosure?
Shareholder Rights
Family Power in the MENA Region
Women on Boards
Conclusion
From the Paper:
"The financial disclosure of a firm includes all the financial information that arise within the company. This covers the bank's or company's balance sheet, income statement, cash flow statement, statement of equity and additional notes to the statements. There exist certain capital market regulations that enforce both banks and companies to adhere to. Non-compliance with those requirements is sanctioned."

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