Publication:
Corporate Governance Country Assessment: Kingdom of Saudi Arabia

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2017-08-29T20:22:50Z
dc.date.available2017-08-29T20:22:50Z
dc.date.issued2009-02
dc.description.abstractGood corporate governance ensures that companies use their resources more efficiently, protects minority shareholders, leads to better decision making, and improves relations with workers, creditors, and other stakeholders. It is an important prerequisite for attracting the patient capital needed for sustained long-term economic growth. This report provides an assessment of the Kingdom of Saudi Arabia (KSA) corporate governance policy framework. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides investors with a benchmark against which to measure corporate governance in KSA. The corporate governance laws, regulations, and institutions that have been put in place generally reflect international good practice. In the wake of the market correction of 2006, market regulators focused on the need for better corporate governance via legal and institutional reforms. These included passing a Corporate Governance Regulation (CGR) for listed companies (2006), and further strengthening the supervisory functions across the financial sector. However, many of the laws and institutions are still relatively new and untested; awareness of the importance of good corporate governance is low, and implementation by companies in its early stages.en
dc.identifierhttp://documents.worldbank.org/curated/en/838731468106752813/Kingdom-of-Saudi-Arabia-Report-on-the-Observance-of-Standards-and-Codes-ROSC-corporate-governance-country-assessment
dc.identifier.doi10.1596/28086
dc.identifier.urihttps://hdl.handle.net/10986/28086
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectACCESS TO INFORMATION
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARDS
dc.subjectARBITRATION
dc.subjectAUDIT COMMITTEE
dc.subjectAUDIT COMMITTEES
dc.subjectAUDITS
dc.subjectBALANCE SHEET
dc.subjectBANKING SECTOR
dc.subjectBID
dc.subjectBONDS
dc.subjectBOOK ENTRY
dc.subjectBROKER
dc.subjectBROKERAGE
dc.subjectBROKERAGE FIRMS
dc.subjectBROKERS
dc.subjectBUSINESS CASE
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKET DEVELOPMENT
dc.subjectCAPITAL MARKET LAW
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL MARKETS DEVELOPMENT
dc.subjectCAPITAL STRUCTURE
dc.subjectCAPITAL STRUCTURES
dc.subjectCASH FLOW
dc.subjectCASH RESERVES
dc.subjectCASH TRANSFER
dc.subjectCOMMERCIAL BANK
dc.subjectCOMPANY INFORMATION
dc.subjectCOMPANY LAW
dc.subjectCOMPETITIVE MARKET
dc.subjectCONFLICTS OF INTEREST
dc.subjectCONFLICTS OF INTERESTS
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORPORATE GOVERNANCE FRAMEWORK
dc.subjectCORPORATE GOVERNANCE FRAMEWORKS
dc.subjectCORPORATE GOVERNANCE REFORMS
dc.subjectCOST OF CAPITAL
dc.subjectCREDIBILITY
dc.subjectCREDITOR
dc.subjectCREDITOR RIGHTS
dc.subjectCREDITORS
dc.subjectCUSTODY
dc.subjectDEBT
dc.subjectDEBT INSTRUMENT
dc.subjectDEPOSIT
dc.subjectDISCLOSURE OF INFORMATION
dc.subjectDISCLOSURE REQUIREMENTS
dc.subjectDISCLOSURE STANDARDS
dc.subjectDISPUTE RESOLUTION
dc.subjectDIVIDEND
dc.subjectDIVIDEND POLICIES
dc.subjectDOMESTIC INSTITUTIONAL INVESTORS
dc.subjectDUE DILIGENCE
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC PERFORMANCE
dc.subjectEFFICIENT MARKETS
dc.subjectEMERGING MARKET
dc.subjectEMERGING MARKET COUNTRIES
dc.subjectEMERGING MARKETS
dc.subjectENFORCEMENT MECHANISMS
dc.subjectEQUITY MARKET
dc.subjectEQUITY MARKETS
dc.subjectEXPENDITURES
dc.subjectFINANCE CORPORATION
dc.subjectFINANCIAL CRISES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIARIES
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL STATEMENTS
dc.subjectFOREIGN BANK
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN COMPANIES
dc.subjectFOREIGN COMPETITION
dc.subjectFOREIGN PORTFOLIO
dc.subjectFOREIGN PORTFOLIO INVESTMENT
dc.subjectFUND MANAGERS
dc.subjectFUTURE GROWTH
dc.subjectGLOBAL CAPITAL
dc.subjectGLOBAL CAPITAL MARKETS
dc.subjectGOVERNANCE INDEX
dc.subjectGOVERNANCE PRACTICES
dc.subjectGOVERNANCE REGULATION
dc.subjectGROSS SETTLEMENT SYSTEM
dc.subjectHOLDING
dc.subjectHOLDINGS
dc.subjectINCOME
dc.subjectINDEBTEDNESS
dc.subjectINFORMATION DISCLOSURE
dc.subjectINITIAL PUBLIC OFFERING
dc.subjectINSIDER DEALING
dc.subjectINSIDER TRADING
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINTERNAL CONTROLS
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTMENT BANKS
dc.subjectINVESTMENT FUND
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTOR CONFIDENCE
dc.subjectINVESTOR PROTECTION
dc.subjectIPO
dc.subjectISLAMIC LAW
dc.subjectISSUANCE
dc.subjectISSUANCES
dc.subjectJOINT LIABILITY
dc.subjectJOINT STOCK COMPANIES
dc.subjectJOINT STOCK COMPANY
dc.subjectJURISDICTIONS
dc.subjectLEGAL DEVELOPMENT
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL OWNERSHIP
dc.subjectLEGAL PROTECTION
dc.subjectLEGAL PROVISION
dc.subjectLEGAL PROVISIONS
dc.subjectLEGAL RIGHTS
dc.subjectLEVY
dc.subjectLIABILITY
dc.subjectLIBERALIZATION
dc.subjectLIMITED LIABILITY
dc.subjectLIMITED LIABILITY COMPANIES
dc.subjectLIQUIDITY
dc.subjectMAJORITY OF SHARES
dc.subjectMARKET CAP
dc.subjectMARKET CAPITALIZATION
dc.subjectMARKET CONCENTRATION
dc.subjectMARKET DATA
dc.subjectMARKET INDEX
dc.subjectMARKET MANIPULATION
dc.subjectMARKET PARTICIPANTS
dc.subjectMARKET PRICES
dc.subjectMARKET REGULATION
dc.subjectMARKET REGULATORS
dc.subjectMARKET SUPERVISION
dc.subjectMARKET TRANSPARENCY
dc.subjectMINORITY SHAREHOLDER
dc.subjectMINORITY SHAREHOLDER RIGHTS
dc.subjectMINORITY SHAREHOLDERS
dc.subjectMONETARY AUTHORITY
dc.subjectMONETARY FUND
dc.subjectMORTGAGE
dc.subjectNATIONAL BANK
dc.subjectOIL PRICES
dc.subjectOPERATIONAL RISK
dc.subjectOWNERSHIP DATA
dc.subjectOWNERSHIP RIGHTS
dc.subjectOWNERSHIP STRUCTURES
dc.subjectPENSION
dc.subjectPENSION FUNDS
dc.subjectPORTFOLIO
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC COMPANIES
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC MARKET
dc.subjectPUBLIC OFFERINGS
dc.subjectPUBLIC PENSION
dc.subjectPUBLIC POLICY
dc.subjectREGISTRATION SYSTEM
dc.subjectREGULATOR
dc.subjectREGULATORY AUTHORITIES
dc.subjectREGULATORY AUTHORITY
dc.subjectREGULATORY BODIES
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY OVERSIGHT
dc.subjectREGULATORY STRUCTURE
dc.subjectRESERVE
dc.subjectRETAIL INVESTORS
dc.subjectRETIREMENT SAVINGS
dc.subjectRIGHTS OF MINORITY SHAREHOLDERS
dc.subjectRIGHTS OF SHAREHOLDERS
dc.subjectRISK FACTORS
dc.subjectRISK MANAGEMENT
dc.subjectRISK MANAGEMENT SYSTEM
dc.subjectRULE OF LAW
dc.subjectSAFETY NET
dc.subjectSECURITIES
dc.subjectSECURITIES REGULATIONS
dc.subjectSECURITIES REGULATOR
dc.subjectSECURITIES TRANSACTIONS
dc.subjectSETTLEMENT
dc.subjectSHARE OWNERSHIP
dc.subjectSHARE PRICES
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDER PROTECTION
dc.subjectSHAREHOLDERS
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCK EXCHANGES
dc.subjectSTOCK MARKET
dc.subjectSUPERVISORY AGENCIES
dc.subjectSUPERVISORY AUTHORITY
dc.subjectTELECOMMUNICATIONS
dc.subjectTRADING
dc.subjectTRADING ACTIVITIES
dc.subjectTRADING PLATFORM
dc.subjectTRADING SYSTEM
dc.subjectTRADING VOLUME
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPARENCY
dc.subjectTRANSPARENT CAPITAL MARKET
dc.subjectTURNOVER
dc.subjectTURNOVER RATIO
dc.subjectUNDERDEVELOPED MARKET
dc.subjectWEAK CORPORATE GOVERNANCE
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.titleCorporate Governance Country Assessmenten
dc.title.subtitleKingdom of Saudi Arabiaen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleCorporate Governance Country Assessment
okr.date.disclosure2011-06-16
okr.date.doiregistration2025-05-07T09:56:40.777247Z
okr.doctypeEconomic & Sector Work::Corporate Governance Assessment
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/838731468106752813/Kingdom-of-Saudi-Arabia-Report-on-the-Observance-of-Standards-and-Codes-ROSC-corporate-governance-country-assessment
okr.guid838731468106752813
okr.identifier.externaldocumentum000333037_20110616012615
okr.identifier.internaldocumentum14381061
okr.identifier.report62577
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/838731468106752813/pdf/625770WP0ROSC000Box0361486B0PUBLIC0.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.countrySaudi Arabia
okr.topicLaw and Development::Corporate Law
okr.topicPrivate Sector Development::Civic Participation and Corporate Governance
okr.topicPrivate Sector Development::Corporate Governance
okr.topicPrivate Sector Development::Corporate Governance and Corruption
okr.unitCorporate Governance - WB (FCMCG)
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