Corporate governance and performance of Saudi Arabia listed companies

• Main Authors: Al-Matari, Yahya Ali, Al-Swidi, Abdullah Kaid, Fadzil, Faudziah Hanim
• Format: Article
• Language: English
• Published: BritishJournal Publishing, Inc. 2012
• Subjects: HD28 Management. Industrial Management
• Online Access: http://repo.uum.edu.my/15435/1/BJASS_09_01_01.pdf; http://repo.uum.edu.my/15435/; http://www.bjournal.co.uk/BJASS_9_1.aspx

This study aims to provide a concise view of the background of Saudi Arabia‟s legal system, important regulations and monitoring policies related to the corporate governance followed by the Saudi government to enhance the attractiveness of the business environment.In so doing, this study attempted to provide an overview on corporate governance in the emerging markets and more specifically in Saudi Arabia. Additionally, this study has shed lights on the main monitoring devices which play a significant role in regulating and developing the Saudi business environment.The focus was on some corporate governance mechanisms that might affect firm performance including board composition (BODCOM), CEO duality (DUAL), board size (BSIZE), audit committee independence (ACIND), audit committee activities (ACMEET) and audit committee size (ACSIZE).