Details

Autor(en) / Beteiligte

• Amico, Alissa

Titel

Corporate Governance Enforcement in the Middle East and North Africa

Ist Teil von

• OECD Corporate Governance Working Papers, 2014-01 (15), p.0_1

Ort / Verlag

Paris: Organisation for Economic Cooperation and Development (OECD)

Erscheinungsjahr

2014

Link zum Volltext

Quelle

OECD iLibrary

Beschreibungen/Notizen

• Corporate governance frameworks in the Middle East and North Africa region have undergone a substantial evolution in the past decade. Better enforcement of corporate governance rules and regulations has in the past three years emerged as both a policy challenge and a priority for the region. This emphasis on better enforcement reflects a number of trends including political changes in some countries of the region, the global call for better surveillance of the adoption of governance rules as well as low investor engagement in the region. This paper examines key developments in public and private corporate governance enforcement in the region. It highlights the growing level of public enforcement as expertise within the securities regulators is growing. The paper provides policy recommendations on specific aspects of governance frameworks such as the treatment of related party transactions and board member responsibilities which - if better regulated - could result in more effective governance enforcement in the region.