publication . Thesis

The Impact of Saudi Arabian Culture on Minority Shareholders’ Rights

Alfordy, Faisal D.;
Open Access English
  • Country: United Kingdom
Abstract
The aim of this research study is to examine the impact of Saudi Arabian culture on corporate governance (CG) and its regulatory compliance with respect to the protection of minority shareholders’ interests. The protection of minority shareholders is a primary concern in the area of CG and particularly as defined by the Organization for Economic Co-operation and Development (OECD) principles. In Saudi Arabia, CG is a newly introduced regime. Its set of CG principles was initially issued after the first market crash in 2006, which signified the need for appropriate CG standards in Saudi Arabia because minority shareholders suffered catastrophic losses. Moreover, ...
Subjects
free text keywords: HF5387_Ethics, HG4001_Finance, HG4501_Investment
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